Sub-agent is the Agent of the Buyer or Seller. The Sub-Agent is an agent of the Broker, works for the Broker, and represents the interest of the Broker. The formal position of a Sub-Agent in the hierarchy of real estate practitioners in the Philippines is equivalent to the rank of Salesperson. A Salesperson is described in Section 3 and Section 31 of the Real Estate Service Act of the Philippines (Republic Act 9646). 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
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