Real estate salespeople
People also ask
What is a special agent in real estate?
Special agent in real estate – This agent is hired to perform a specific duty for a client. The agent’s authority is limited to the specific job for the client. A listing agent hired to sell a client’s home is an example of a special agent.
Why do you need a special agent?
As it turns out, they need a special agent. In real estate, a special agent is an agent hired to perform a specific duty for a client (also known as a principal). The real estate agent’s authority is limited to the specific job for which they are hired.
What is a single agency in real estate?
Single agency refers to an agent or real estate broker that works with only one party in a real estate transaction. All agents who represent clients under a single agency must treat their clients with a certain standard of care.
What is the difference between a general and a special agent?
A general real estate agent is hired to conduct a number of different real estate related tasks for a company, while a special real estate agent has a specific responsibility or set of responsibilities to which he/she is limited. Let look at an example of a special agent in real estate.