A special agent in real estate is areal estate agent hired to do a specific task or job,as opposed to a general agent,who is a real estate agent who can do any task he or she is assigned to. A special real estate agent is generally only employed to do a specific task,after which they are no longer employed by the client.
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 does a special real estate agent do for Denise?
This special real estate agent will take care of all the steps that will be necessary in order for her to sell her mother house. Once everything has been taken care of by this special real estate agent, the business engagement between Denise and her agent will be complete, as the agent will have completed his/her task as her special agent.
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.