TypesOfAgency Flashcards
1
Q
Represent one client
A
Single agent
2
Q
Represent seller
A
Seller Agent
3
Q
Represent buyer
A
Buyer agent
4
Q
Works under another agent with the principal’s permission to perform some of the acts of agency. Agents are also sub-agents of their broker.
A
Sub-agent
5
Q
Dual Agent
A
Represents buyer and seller
6
Q
Landlord agent
A
Assists landlord in finding tennant
7
Q
A brokerage representing both parties in a transaction, with one agent representing the buyer and the other representing the seller. This is designated agency. The broker is a dual agent.
A
Dual agent with designated sales agent
8
Q
Assists listing agent
A
Brokers Agent
