1. Home
Send to a Friend via Email
Seller's Agent/Seller's Sub Agent
<Back to Last Page>     <Full Glossary>

 Related Terms
• Buyer's Agent
 
 
Definition: A real estate agent employed to work in the best interests of a seller in a real estate transaction. The agent's loyalties are with the seller. It is the agent's duty to share with the seller all information about potential buyers that may help the seller make decisions regarding the transaction.

The term Seller's Sub Agent refers to agents and agencies other than the listing agency. For instance, in a Multiple Listing Situation all real estate offices show and sell each other's listings. If a home is listed by Agency A, and sold by Agency B, Agency B is considered a sub agent for the seller unless that Agency B has a valid Buyer Agency agreement with the buyers.

Agent status must be disclosed to all parties.


<Back to Last Page>     <Full Glossary>
You can opt-out at any time. Please refer to our privacy policy for contact information.

Discuss in my forum

©2014 About.com. All rights reserved.