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What is the difference between a general and a special real estate agent?
What is the difference between a general agent and a special agent?
What is a special agent?
What is a special real estate agent?
Sep 1, 2023 · What is the Difference Between Special and General Agency? A special agent represents a client in a specific job or transaction. In contrast, a general agent can perform multiple services for the principal’s ongoing business and is usually a much longer relationship.
- 6 min
Jun 24, 2022 · Updated June 24, 2022. The laws of agency separate real estate agents into three categories: universal agents, general agents and special agents. Understanding the distinctions between these categories is essential to passing a real estate licensing exam and impacts the daily functions of real estate professionals.
Apr 5, 2024 · The differences between special agents and general agents can be seen in a few details. Each job has different responsibilities and duties. Additionally, a special agent has an average salary of $60,916, which is higher than the $39,307 average annual salary of a general agent.
- 3%
- General Agent
- $29.29
- $60,916
Apr 5, 2024 · Each job has different responsibilities and duties. Additionally, a special agent has an average salary of $60,916, which is higher than the $37,864 average annual salary of an agent. The top three skills for a special agent include professional work, national security and local law enforcement.
- 3%
- Agent
- $29.29
- $60,916
General Agent . A general agent can perform any and all acts related to ongoing business that the principal has appointed the general agent to act in. Ok, so what does that mean? Basically, the main difference is that general agents in real estate have a more limited scope to act or conduct their service in.
The primary difference between a special agent and a general agent is their responsibilities. 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.
Nov 1, 2023 · Wondering the difference between a general agent and a special agent, huh? Here’s the lowdown. A general agent can perform multiple tasks for their client within a long-term relationship. They’re like a jack-of-all-trades, authorized to handle various matters. On the other hand, a special agent is usually hired for a specific, short-term task.
