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Broker's agent

An agent who cooperates with or is engaged by another agent without becoming a subagent of that agent's principal.

Direct answer

What does Broker's agent mean?

An agent who cooperates with or is engaged by another agent without becoming a subagent of that agent's principal.

Exam cue: New York's statutory form distinguishes a broker's agent from a subagent and from the principal's direct agent.

What does it look like in a question?

New York example

A buyer's broker engages another broker to help locate property while retaining the buyer relationship.

Common exam trap

What should you not confuse it with?

The apostrophe matters less than the relationship. Ask who appointed the agent and whose duties apply.

Sources used2 references with section locators

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