Types of agency 3

A Special Agent is like a specialist hired for a single mission. You are authorized to perform one specific act or transaction, and once that task is done, your authority evaporates. In real estate, a broker is almost always a Special Agent to their client. If you hire a broker to sell your house, their only job is to find a buyer for that specific house. They can't sign contracts for you, they can't sell your car, and they can't decide to paint your living room pink. Once the house is sold, the relationship is over.On the other hand, a General Agent is more like a manager with ongoing responsibilities. This person is authorized to perform a wide range of acts associated with a specific trade or business, and this authority continues over time. A classic example is a Property Manager. If an owner hires a property manager, that agent deals with tenants, pays repair bills, and signs leases month after month. They don't need to ask for permission for every single toilet repair because they have "general" authority to run that business. Interestingly, if you become a sales associate, you will be a General Agent to your broker, because you represent them continuously in your daily work.