What does Agency mean?

Agency in real estate refers to the relationship between a real estate agent or broker and their client. The agent represents the client and has a legal duty to act in their best interests.

Related Terms

Price Range Reconveyance Principle of Regression Home Inspection Title Search Capital Gains Tax Adverse Possession Standard Payment Calculation Infill Development Capital Expenditure HUD/ Closing statement Ranch Style Note Rate Homesteading Loan Processing Fee Creative Financing Online Real Estate Listings Liquidated Damages