subagency

(redirected from Subagent)
Also found in: Dictionary.

subagency

An agent who operates under the authority of another agent. Typically, the listing broker has the direct agency relationship with the seller of real property. Other real estate brokers may attempt to sell the same property and act as a subagent for the seller rather than acting as the agent for the buyer.

References in periodicals archive ?
The Pierce County Auditor is seeking applicants for the operation of a vehicle/vessel licensing subagent business(es) within an approximate four mile radius of the existing Pierce County Auditor s Office located at 2401 So 35th Street, Tacoma WA 98409.
According to Sault Sainte Marie subagent James Ord, while the conditions of most of the Native Americans of his sub-agency were improving, those in Sault Sainte Marie proper were not.
5 HAZEN, supra note 29, at 342 (explaining that when "[t]he specialist acts solely as subagent, [she] receiv[es] a portion of the 'book' customer's commission to his broker").
RESTATEMENT (FIRST) OF AGENCY [section] 80 ("[A]uthority to appoint a subagent is inferred from authority to conduct a transaction for the principal" if, among other things, "the business is of such a nature .
It was Wandering Spirit who fired the shot that began the Frog Lake massacre, killing Indian Affairs subagent Thomas Quinn.
24(b) prohibited practitioners from accepting employment as an associate, correspondent or subagent from any suspended or disbarred person or sharing fees with any such person.
Under terms of the agreement, Trinity will integrate Telchemy's VQmon modeling subagent into VeriCall, its integrated packet telephony software framework.
Shadowed by Molinari, Bracale's ominous subagent, Madame; her maid, Masha; and a few dancers decide to journey into the interior to perform in small towns and earn enough to allow the troupe to survive.
The subagent will be broken into several different sections, with a major distinction placed upon the type of application server (Java or COM+ based).
a selling broker, would be the listing broker's subagent in representing the seller.
The Dingell report details how one Texas-based subagent, Carlos I.
A subagent is required by law to represent his agent and his principal--in this case, the seller's Realtor and the seller.