![]() BROKER - While an individual may act in both capacities, and often does, the terms have different meanings. SUBAGENT - An agent of a person who is already acting as agent for a principal (agent of an agent).the buyer or the seller, the party who hires an agent to represent them PRINCIPAL - (also known as a Client) The primary party in a transaction, e.g.Their duties consist of accounting and any other Facilitator duties undertaken. Failure to do so could result in a Chapter 93A violation. The Facilitator must disclose all known material defects that exist. ![]() They do not represent either party in the transaction. 93A, they do not have a fiduciary relationship with the seller or the buyer. Although bound by license law and MGL Ch. The Facilitator works to complete the transaction.
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