asked 41.6k views
5 votes
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

1 Answer

3 votes

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.

answered
User KenB
by
9.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.