Florida Real Estate Practice Exam

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What is the difference between general and special agents?

  1. General agents represent buyers exclusively

  2. Special agents have ongoing responsibilities for specific properties

  3. General agents have an ongoing responsibility for all dealings related to a specific piece of property

  4. Special agents are only involved in financial transactions

The correct answer is: General agents have an ongoing responsibility for all dealings related to a specific piece of property

General agents have a more broad and ongoing responsibility for all dealings related to a specific piece of property, whereas special agents have limited and specific responsibilities for a particular property or transaction. Option A is incorrect because general agents may represent both buyers and sellers, not exclusively just buyers. Option B is incorrect because special agents may have ongoing responsibilities for multiple properties, not just one specific property. And option D is incorrect because special agents may have a variety of responsibilities beyond just financial transactions, such as showing properties and negotiating deals.

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