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What is the difference between a general and a special real estate agent?
What is the difference between a special agent and a general agent?
What does a special agent do?
What is a special agent in real estate?
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.
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Which of the following is TRUE about the difference between a special agent and a general agent? A) Both types are limited agents. B) Only a special agent has duties to the principal. C) A general agent represents the principal for one certain transaction only. D) A special agent represents the principal for one certain transaction only.
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.
Sep 27, 2023 · The distinction between a general agent and a special agent lies in the scope and duration of their responsibilities. A special agent is appointed for a specific task or a particular transaction. Once the task is completed or the transaction concludes, the agency relationship typically ends.
Unravel what a Special Agency in real estate entails, their unique role, and how they differ in responsibilities and authority from general agents.
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.
Special agents are hired to perform one specific duty for a client. This is the standard agency relationship for an accountant who does your taxes, as well as a real estate agent who helps you through a transaction. A real estate agent's authority is limited to one specific task.
