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The Legal Blog brought to you by NVAR's Professional Standards department helps you stay on top of the latest rules and regulations in the industry.

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Does the seller have to consent to sub-agency?

Sep 13, 2016

Agency

Question: Does the seller have to consent to sub-agency? 

Answer: Yes. Agency relationships are consensual in nature and require the informed consent of the principal (i.e. the seller). A listing agent should discuss sub-agency with a seller when taking a listing to determine whether or not the seller will consent to sub-agency. Agents should consult with their brokers about their firm’s policies on offering and accepting offers of sub-agency.

 
Group(s):
  • Agency