Which information should a broker who is acting as subagent to the seller obtain from the listing broker quizlet?

The answer is none of these.

A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The broker becomes the owner's agent by entering into an agreement with the owner, usually through a written listing agreement, or by agreeing to act as a subagent by accepting an offer of cooperation from the listing broker. A broker becomes the buyer's agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. Absent a buyer representation agreement, the agent showing property to a buyer is a subagent and represents the seller.

What is a subagent of the seller?

“A subagent is a cooperating agent who works for a listing broker-salesperson in the sale of a property. The subagent represents the seller, and therefore, works with the buyer, but not for the buyer. The subagent owes fiduciary duties to the listing broker and to the seller.

What or whom must a person work for to be a subagent quizlet?

The broker representing the owner is referred to as the seller's broker or the listing broker. If working with a buyer as a customer, the broker is considered to be a subagent of the seller.

Which of the following is not a service one would expect that a broker or sales agent would provide to a buyer if the agent represented the buyer?

The answer is that the license holder does not warrant the condition of the property. Which of the following is NOT a service one would expect that a broker or sales agent would provide to a buyer if the agent represented the buyer? The answer is explaining the seller's legal remedies if buyer defaults.

What is the difference between an appointee in an intermediary brokerage and a subagent for the seller?

What is the difference between an appointee in an intermediary brokerage and a subagent for the seller? An appointee is named by a broker for a particular transaction; a subagent enters a transaction through a relationship with a client or customer.

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