what is special agency in real estate

Best answer


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.

    Similar Posts

    Leave a Reply

    Your email address will not be published.