A cooperating broker may also be a subagent of the listing broker.

• A. True only if designated agency is used.
• B. True only when representing the buyer.
• C. True in traditional subagency arrangements.
• D. False in all circumstances.

Answer: (C)

In traditional subagency, the listing broker represents the seller as their client, and any cooperating broker who helps market or show the property acts as a subagent of that listing broker. The subagent owes fiduciary duties to the seller through the listing broker, even though the buyer is the customer in this setup. This is why the statement is true in traditional subagency arrangements: the cooperating broker is functioning as a subagent of the listing broker, assisting the seller rather than acting as the buyer’s agent. In modern practice, designated or buyer agency can change this dynamic, but the traditional arrangement does involve subagency.