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Abby is a real estate broker who represents a seller in a transaction. Abby is serving as what type of agent...?

General agent
Special agent
Specific agent
Universal agent

User NoorJafri
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1 Answer

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Abby is a real estate broker serving as a special agent, representing a seller in a transaction involving the sale of a property. A special agent's role is limited to a specific task or transaction, unlike a general or universal agent.

Abby, as a real estate broker representing a seller in a transaction, is serving as a special agent. A special agent is someone who is authorized to perform a particular act or transaction, which is typically limited in scope and related to a specific task. In the case of Abby, the specific task is to sell a property on behalf of the seller. This is different from a general agent, who has a broader, ongoing relationship with the principal, a universal agent, who can perform virtually all actions the principal could take, or a specific agent, which is not a commonly used term in real estate and may be confused with special agent.

User KenB
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