Direct answer
What does subagent mean?
A subagent is an agent authorized to act for another agent's principal and who owes agency duties to that principal.
Exam cue: Track the principal. A subagent represents the principal of the appointing agent, not the other transaction party.
What does it look like in a question?
Example
A cooperating agent accepts a subagency relationship with the seller through the listing broker.
Common exam trap
What should you not confuse it with?
A broker's agent is not a subagent of the hiring broker's principal under the section 443 definition.
Related agency terms
AccountingAccounting is the fiduciary duty to safeguard and properly account for money, documents and property entrusted to the agent.AgencyAgency is a relationship in which an agent is authorized to act for a principal and owes duties within that relationship.Broker's agentA broker's agent is an agent from another firm engaged by a listing, buyer's or tenant's agent to help serve that agent's principal, with no direct relationship to the principal.ClientA client is a principal who is represented by a real estate agent.CustomerA customer is a person who receives services from a licensee but is not represented by that licensee as an agent.Designated sales agentA designated sales agent is a salesperson or associate broker assigned by the broker to represent one client when the same broker also represents another client in the deal.
Sources used2 references with section locators
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