What is the primary function of a special agency in real estate?

The primary function of a special agency in real estate is to represent a seller or buyer in a limited capacity. In this agency relationship, the agent has specific authority to perform certain tasks on behalf of the principal, typically related to a single transaction, such as the buying or selling of a property. This means that the agent acts on behalf of the client but does not have the broad powers that might be associated with a general agency, where the agent would have wider authority across various transactions and dealings.

For example, a real estate agent acting as a special agent for a seller is focused exclusively on that seller’s needs for the duration of the listing agreement, such as marketing the property and negotiating offers. This relationship highlights the agent's role in representing the client’s interests while adhering strictly to the tasks agreed upon in the agency contract.

In contrast, options involving multiple representations or managing properties pertain to different types of agency relationships or roles within real estate that do not specifically align with the definition of special agency. Similarly, facilitating open houses is more of a task or service provided by an agent rather than a defining function of special agency.