Traditionally, the broker whose client bought property listed by another broker, was considered a subagent of the seller, not the agent of the buyer

Question

Quizplus · Accepted Answer

This is known as the subagency relationship, where the agent who listed the property represents the seller and any other agent who assists in the transaction is considered a subagent of the seller, not the agent of the buyer. However, subagency is not commonly used in modern real estate transactions, and most agents now work as either a buyer's agent or a seller's agent, representing only one party in the transaction.

Traditionally, the Broker Whose Client Bought Property Listed by Another