what does the term subagent mean in real estate
For a more detailed explanation of real estate agency and non-agency relationships, see Real estate broker. 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.n this situation, during the entire period in which the buyer looked at properties, entered into a real estate contract, and finally closed on one, that broker/agent functioned solely as the sub-agent of the sellerâs broker.