Legal Q&A |

Seller Subagency and Vicarious Liability

QUESTION:

I’m the BIC of my firm, and I am considering whether to adopt a new policy that would allow my agents the option of offering seller subagency to a buyer who cannot pay for their own buyer’s agent. I’ve heard that seller subagency has some risks, and I know that this kind of agency is not used very often in North Carolina. Can you give me some insight?

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