Meaning & use
subagency
Last updated
a subordinate agency operating under a larger organization; in real estate, an arrangement in which an agent represents the seller even while working with a buyer
See it in a sentence
The nonprofit set up a regional subagency to handle local grant applications.
Under the old subagency system, the buyer's agent actually owed loyalty to the seller.
A note on using this word
The real estate sense was once common before 'buyer agency' became standard practice.
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