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      • A general agent in real estate is an agent who can perform any and all acts that are associated with the ongoing business that the principal has appointed the general agent to act in. Similarly, what is an example of a universal agent? A universal agent is a person authorized to transact all the business of his/ her principal of every kind.
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  2. Meanwhile, the general agent is the most common type, a real estate agent that has limitations to the areas where he has freedom. The general agent must have written or clear verbal confirmation of the home seller (or home buyer) to do things like make or accept an offer on a house etc.

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  3. A general agent in real estate is an agent who can perform any and all acts that are associated with the ongoing business that the principal has appointed the general agent to act in. The general...

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  4. Apr 03, 2020 · A general agent in real estate is an agent who can perform any and all acts that are associated with the ongoing business that the principal has appointed the general agent to act in. Also Know, what is an example of a universal agent? A universal agent is a person authorized to transact all the business of his/ her principal of every kind. S/he authorized to perform all acts or duties which his/her principal is empowered to perform.

  5. General Agent ( noun ): an agent who is authorized to handle all of the principal’s affairs in one area or in specified areas. An example of a general agent would be a property manager. Expert Contributor. Kristina Morales. REALTOR®, Team Lead. Expert contributor at RealEstateWords.com.

  6. Real Estate Term General Agent definition and explanation.

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