What is a Sub-Agent?
A sub-agent is an agent who works under the authority of another agent or agency. In other words, a sub-agent is an agent who acts on behalf of another agent or agency, but does not have the same level of authority or responsibility as the main agent.
For example, a real estate agent may hire a sub-agent to help them sell a property. The sub-agent would work under the authority of the main agent and would be responsible for showing the property to potential buyers, answering questions about the property, and facilitating negotiations between the buyer and the seller. However, the sub-agent would not have the authority to make decisions on behalf of the main agent or to bind the main agent to any contracts or agreements.
Sub-agents are commonly used in industries such as real estate, insurance, and finance, where agents may need to work with multiple clients or properties at once. By using sub-agents, the main agent can delegate some of their responsibilities to others while still maintaining control over the overall process.
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