subagent (Meaning)
subagent
a subordinate agent, an agent who is appointed by another agent (as an insurance agent) and for whom the principal agent is responsible or liable
Synonyms & Antonyms of subagent
subagent Sentence Examples
- The real estate agent hired a subagent to assist in finding a suitable property for their client.
- The subagent acted on behalf of the principal agent, following their instructions and maintaining their confidentiality.
- The subagent's commission was paid by the principal agent, not the seller of the property.
- The principal agent remained fully responsible for the transaction, even though they used a subagent.
- The subagent's scope of authority was limited to what the principal agent had explicitly authorized them to do.
- The subagent was required to disclose their subagent status to any third parties involved in the transaction.
- The subagent held themselves accountable to the principal agent and acted in their best interests.
- The use of subagents allowed the principal agent to expand their capacity and handle multiple clients efficiently.
- In some cases, subagents may also act as independent contractors, working for multiple principal agents.
- Subagents play a vital role in the real estate industry by assisting principal agents in completing transactions smoothly and effectively.
FAQs About the word subagent
a subordinate agent, an agent who is appointed by another agent (as an insurance agent) and for whom the principal agent is responsible or liable
assignee, attorney, representative, subagency,agency, delegate, executor, rep, commissary, agent
No antonyms found.
The real estate agent hired a subagent to assist in finding a suitable property for their client.
The subagent acted on behalf of the principal agent, following their instructions and maintaining their confidentiality.
The subagent's commission was paid by the principal agent, not the seller of the property.
The principal agent remained fully responsible for the transaction, even though they used a subagent.