What is the difference between a special agent and a general agent?

A special agent is authorized to perform one specific act or transaction on behalf of the principal, such as finding a buyer for a particular property. Most real estate agents are special agents because their authority is limited to the scope of one listing or buyer agreement. A general agent is authorized to handle all affairs of the principal within a defined area, such as a property manager who can sign leases, collect rent, hire contractors, and handle maintenance on behalf of the owner. The broader authority of a general agent creates greater liability for the principal.