What type of agent is responsible for listing a property and finding a buyer?

A special agent is specifically appointed to perform a particular task on behalf of a client, such as listing a property for sale and finding a buyer. In real estate, when a property owner hires a real estate agent to market their property and facilitate the sale, that agent is functioning as a special agent. This relationship entails that the agent has limited powers specifically tailored to the objectives set by the property owner, such as marketing the home, showing it to potential buyers, and negotiating offers.

The special agent relationship emphasizes the agent's role in serving the interests of the client while adhering to the scope of authority granted for that specific transaction. This designation contrasts with other types of agency relationships, like general agents, who can make broader decisions on behalf of their clients, or dual agents, who represent both the buyer and the seller in a transaction, which can complicate the representation. This clarity in roles and responsibilities assists in maintaining professional standards and legal compliance throughout the real estate transaction process.