subagency

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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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Pakistani law prohibits the use of unauthorised intermediaries but in practice, these prohibitions are poorly enforced, and unregistered subagents remain the critical intermediary between prospective workers and employers overseas.
Subagents will leverage our Telarus Master Agent agreement to pass opportunities to Aspect, work closely with the Aspect sales teams, and then work closely alongside the Aspect sales organization.
Depending on the functional purpose of positive mental states such as happiness, the subagents might or might not be built to experience them.
They then resell the seats to their clients or to subagents.
This differs from other organizations, in which brokers and their subagents can frequently represent both the buyers and the sellers, leading to consumer confusion regarding who is truly representing their best interests.
cies, and whether all their employees who interact with players should be called agents or subagents, and whether all of them should be registered," he said.
The government has not taken steps to regulate subagents under the SLBFE.
His reports, for which he invented a network of fictitious subagents, deluded the Germans so successfully that the British ultimately felt compelled in the winter of 1941 to recruit him as a double agent to ensure that his reports would not interfere with reports being carefully fed to the Germans by agents under their control.
Among the fibs Pujol foisted on the Nazis was that he was recruiting a gang of subagents across England.
If specialist firms are agents of the customers, and specialists are agents of the firms, then specialists are subagents of the customers, and therefore owe to the customers the same duties as other agents would.
Rojas said the 20 to 30 executives, agents and subagents of Aman Futures were still in the country and once their arrest warrants were issued, "we will take them."