Sub-agent Sub-agent Sub-agent (Sub-agency) is a real estate term in the United States and Canada describing the relationship which a real estate broker and his/her agents have with a buyer of a business, home, or property. Lasting until the early 1990s, the broker provided a conventional full-service, commission-based brokerage relationship under a signed listing agreement only with a seller, thus creating an agency relationship with fiduciary obligations under common law in most of the US and Canada. The seller was then a client of the broker. However, no such agency relationship existed with the buyer, and the broker's agents helped the
Letting agent Letting agent A letting agent is a term for a facilitator through which an agreement is made between a landlord and tenant for the rental of a residential property. The term is common in countries using British English, including countries of the Commonwealth. In the UK, Australia and New Zealand the agreement between landlord and tenant is normally formalised by the signing of a tenancy agreement. A letting agency will normally charge a commission for their services, usually a percentage of the annual rent. Letting agents will often operate under the umbrella of an Estate Agent due to the synergies