Conquer the 2026 VanEd National Real Estate Test – Unlock Your Property Passion!

In this scenario, the salesperson is acting as both an agent to the principal (the seller) and a subagent to the managing broker. When a property is listed allowing for subagency, it means that other real estate agents can represent the buyer while still having the original listing agent represent the seller. In this context, the listing salesperson maintains their agency relationship with the seller, meaning they have a fiduciary duty to act in the seller's best interest and follow their instructions.

Simultaneously, since the managing broker holds the listing, the salesperson, as part of their employment agreement, operates as a subagent to the broker. This means that while the salesperson represents the seller, they work under the umbrella of the managing broker who holds the overarching agency relationship with the seller. This structure illustrates the complex nature of real estate agency relationships and highlights the importance of understanding both the primary agency and subagency roles.

In contrast, the other options do not fully capture the dual nature of the salesperson's role with respect to both the seller and the managing broker. Therefore, the chosen answer accurately reflects the salesperson's responsibilities in this situation.