This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam.

In this episode you will learn:

- The defining characteristics of a Special Agent and their limited scope in transactions.

- Why property management is the primary example of a General Agency relationship.

- The distinction between a broker and sales associate as a form of general agency.

- The high level of authority granted to a Universal Agent through Power of Attorney.

- The S.G.U. mnemonic to quickly categorize agency types during the exam.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep