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The Brokerage Relationships course will provide an overview to the types of relationships available in real estate brokerage in Massachusetts. This Continuing Education module is not intended to be a comprehensive study on the practice of agency. All brokers and salespeople are encouraged to take a full module on agency in conjunction with this course to further enhance their knowledge and professional practice. Required Handouts
Suggested References
Which of the following is an example of sub agency?Which of these is an example of a sub-agency relationship? Sub-agency refers to a licensee from one firm who brings an unrepresented buyer for a property listed by another firm. The sub-agent represents the seller in this situation.
What is the biggest disadvantage of Subagency?1. What is the biggest disadvantage of subagency?. Subagency pays a lower commission.. Subagents don't have access to MLS.. Subagents can only work with buyers.. There is no obligation to obtain the best price or terms for the buyer.. What is the most understandable way to create agency with a seller?Express Agreement
The typical written agreement is a listing agreement or a buyer's agency agreement. The written agreement is the most appropriate and legally safe way to create an agency relationship.
What is a subIn real estate, a sub-agent is responsible for bringing a prospective buyer to a property. However, even though the sub-agent is working directly with the buyer, they are actually working on behalf of the listing broker (who represents the seller of the home).
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