How would you define the following word? "Agency"

Question

Answers Subscribe to Answers

Sort

Rainmaker
2,191,798

Michael J. Perry

KW Elite - Lancaster, PA

Lancaster, PA Relo Specialist

REPRESENTATION

Dec 12, 2016 04:15 AM

Upvote

1

Michael J. Perry

Lancaster, PA

Rainmaker
7,863,509

Roy Kelley

Retired - Gaithersburg, MD

Follow the rules in your state.

Dec 12, 2016 03:17 AM

Upvote

1

Tony and Suzanne Marri...

Scottsdale, AZ

Rainmaker
1,157,791

FN LN

Toronto, ON

Here is one of several definitions when you Google "define agency":

- a business or organization established to provide a particular service, typically one that involves organizing transactions between two other parties.

Dec 11, 2016 09:40 PM

Upvote

1

Roy Kelley

Gaithersburg, MD

Ambassador
6,418,126

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Acting as an Agent, an Advocate, on your side.

Dec 13, 2016 05:45 PM

Upvote

Ambassador
3,741,912

Patricia Kennedy

RLAH@properties - Washington, DC

Home in the Capital

Agency means different things in each of the three jurisdictions where I work. Just learn your local laws.

Dec 12, 2016 08:20 PM

Upvote

Rainmaker
3,986,308

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

It is the business relationship between my clients andmyself.

Dec 12, 2016 03:34 PM

Upvote

Rainmaker
4,319,773

Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

Oakly Rogers - the relationship between the consumer and agent.

Dec 12, 2016 03:24 PM

Upvote

Rainmaker
4,800,132

Gabe Sanders

Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL

Stuart Florida Real Estate

I'm assuming you are referring to the type of representation for a real estate transaction between the broker and the customer.

Dec 12, 2016 12:03 PM

Upvote

Rainmaker
1,525,616

Sybil Campbell

Fernandina Beach, FL

Referral Agent Amelia Island Florida

Agency is the relationship between a real estate agent and his or her client or customer.

Dec 12, 2016 09:23 AM

Upvote

Rainmaker
3,988,013

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

I define it just like Webster does. It is a fiduciary relationship created between parties.

Dec 12, 2016 07:52 AM

Upvote

Ambassador
5,060,544

Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

It's the relationship between a licensed real estate professional and either a buyer or seller

Dec 12, 2016 07:51 AM

Upvote

Rainmaker
613,494

Eve Alexander

Buyers Broker of Florida - Tampa, FL

Exclusively Representing ONLY Tampa Home Buyers

The relationship between the licensee and the buyer or seller.

Agency= "agent" representation.

Non-Agency=Transaction broker or non agent relationship.

Eve

Dec 12, 2016 07:06 AM

Upvote

Ambassador
2,684,569

Fred Griffin Florida Real Estate

Fred Griffin Real Estate - Tallahassee, FL

Licensed Florida Real Estate Broker

One person or entity acting on behalf of another person or entity.

Dec 12, 2016 06:58 AM

Upvote

Rainmaker
715,782

Lynnea Miller

Bend Premier Real Estate - Bend, OR

Premier Real Estate Service in Central Oregon

In Oregon we operate under a disclosed limited agency. We work on behalf of our clients to represent them in their purchase or sale of real estate. Their interests come ahead of our own and we work to make sure those interests are met - even when those interests are terminating a listing or purchase.

Dec 12, 2016 06:38 AM

Upvote

Rainmaker
1,466,257

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

Oakly Rogers The relationship between a client and their broker where the broker duly represents the client.

Dec 12, 2016 06:20 AM

Upvote

Rainmaker
5,583,328

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

that's synonymous with representation....

Dec 12, 2016 06:19 AM

Upvote

Rainmaker
5,027,099

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

You must check your state for how they interrupt Agency. Every state is different and you want to know how your state operates so you understand how you will represent buyers and sellers.

Dec 12, 2016 06:05 AM

Upvote

Rainmaker
3,416,038

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

The relationship between a client and those they hire and vice versa

Dec 12, 2016 05:56 AM

Upvote

Rainmaker
1,728,156

Sandy Padula & Norm Padula, JD, GRI

HomeSmart Realty West & Florida Realty Investments - , CA

Presence, Persistence & Perseverance

Chapter 1: Agency

Dec 12, 2016 05:32 AM

Upvote

Ambassador
5,254,045

Debe Maxwell, CRS

Savvy + Company (704) 491-3310 - Charlotte, NC

The RIGHT CHARLOTTE REALTOR!

Agency has different meanings in different states.

Dec 12, 2016 05:21 AM

Upvote

Rainmaker
1,617,916

Harry F. D'Elia III

WEDO Real Estate and Beyond, LLC - Phoenix, AZ

Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Doing the right thing

Dec 12, 2016 05:13 AM

Upvote

Rainmaker
5,239,838

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Check your sources at the state level. The legislature in your state dictates.

Dec 12, 2016 05:12 AM

Upvote

Rainmaker
1,712,776

Joe Pryor

The Virtual Real Estate Team - Oklahoma City, OK

REALTOR® - Oklahoma Investment Properties

Common law that does not exist in Oklahoma.

Dec 12, 2016 04:58 AM

Upvote

Rainmaker
3,071,489

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Haven Express @ Keller Williams Arizona Realty

Roy Kelley nailed this one!

Dec 12, 2016 04:51 AM

Upvote

Rainmaker
4,434,177

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Others have answered.

Dec 12, 2016 04:50 AM

Upvote

Rainmaker
5,112,571

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

I and many others have provided the answer to this question more times than I can count at this point.

Dec 12, 2016 03:29 AM

Upvote

Back to Top

Here is one of several definitions when you Google "define agency":

- a business or organization established to provide a particular service, typically one that involves organizing transactions between two other parties.
Agency means different things in each of the three jurisdictions where I work. Just learn your local laws.
It is the business relationship between my clients andmyself.
Oakly Rogers - the relationship between the consumer and agent.
I'm assuming you are referring to the type of representation for a real estate transaction between the broker and the customer.
Agency is the relationship between a real estate agent and his or her client or customer.
I define it just like Webster does. It is a fiduciary relationship created between parties.
It's the relationship between a licensed real estate professional and either a buyer or seller
The relationship between the licensee and the buyer or seller.

Agency= "agent" representation.

Non-Agency=Transaction broker or non agent relationship.

Eve
One person or entity acting on behalf of another person or entity.
In Oregon we operate under a disclosed limited agency. We work on behalf of our clients to represent them in their purchase or sale of real estate. Their interests come ahead of our own and we work to make sure those interests are met - even when those interests are terminating a listing or purchase.
Oakly Rogers The relationship between a client and their broker where the broker duly represents the client.
You must check your state for how they interrupt Agency. Every state is different and you want to know how your state operates so you understand how you will represent buyers and sellers.
The relationship between a client and those they hire and vice versa
Check your sources at the state level. The legislature in your state dictates.
I and many others have provided the answer to this question more times than I can count at this point.