Agent Types Flashcards
1
Q
Responsibility for all dealings of client’s property
A
General Agent (property agent)
2
Q
You have limited authority to act on behalf of your client
A
Special Agent (intermediary)
3
Q
Most real estate transactions involve buyer and seller and deal with
A
Special
4
Q
Universal agent is a
A
Facilitator
5
Q
Transactional broker is not an agent to
A
Any Party
6
Q
Escrow officer is
A
limited agent
7
Q
Non-agents are
A
Facilitators
8
Q
Four non-agent duties
A
Disclosure
Confidentiality
Accounting
Reasonable skill and care
