21 April What is a subagent? April 21, 2017By Cindy Sellers Agency 0 “Subagent” means a licensed real estate broker, licensed associate real estate broker, or licensed real estate salesperson who:(1) is not affiliated with or acting as the listing real estate broker for a property; (2) is not a buyer’s agent; (3) has an agency relationship with the seller or lessor; and (4) assists a prospective buyer or lessee in the acquisition of real estate for sale or for lease in a nonagency capacity. Related Posts What must I disclose if the first contact between a seller’s agent or subagent and an unrepresented buyer/lessee is not face-to-face? What must I disclose if the first contact between a seller’s agent or subagent and an unrepresented buyer/lessee is not face-to-face? What is the difference between a latent defect and a material fact? Who must disclose what? What is the difference between a latent defect and a material fact? Who must disclose what? Can a licensee who previously acted as a subagent or seller’s agent switch hats and represent the buyer? Can a licensee who previously acted as a subagent or seller’s agent switch hats and represent the buyer? In a transaction involving the resale of a condominium, which Maryland REALTORS forms are used and under what circumstances? In a transaction involving the resale of a condominium, which Maryland REALTORS forms are used and under what circumstances? How do I identify potential mortgage fraud and what should I do if I suspect it is occurring? How do I identify potential mortgage fraud and what should I do if I suspect it is occurring? What options does a broker have when there is dispute over the deposit? What options does a broker have when there is dispute over the deposit? Comments are closed.