What do you call an individual who acts as an agent for another agent?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

The term used for an individual who acts as an agent for another agent is "subagent." In real estate transactions, a subagent represents the interests of the principal party but does so under the supervision of another agent, usually the listing agent. This relationship is established to assist in the facilitation of the real estate transaction while still adhering to the obligations that come with agency relationships.

A broker, on the other hand, is typically someone with a higher level of licensing who can operate independently and may have agents working under them. A principal refers to the party involved in the transaction, either as the seller or buyer, who has authorized agents to act on their behalf. Meanwhile, a client is more broadly used to describe the person receiving services from a broker or agent. These roles clarify the structure of agency relationships and the chain of representation in real estate transactions.

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