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Ready to ace the General Principles of Agency on your real estate exam? In this video, I’ll break down everything you need to know about agency and non-agency relationships, including fiduciary duties and the roles of universal, general, special, and subagents. This is your ultimate guide to understanding one of the most critical concepts on the exam! We’ll cover: ✔️ The difference between agency and non-agency relationships. ✔️ Key concepts like transaction brokers, dual agency, and designated agency. ✔️ The OLDCAR acronym for remembering your fiduciary duties (Obedience, ✔️ Loyalty, Disclosure, Confidentiality, Accounting, and Reasonable Care). ✔️ Practice questions to test your knowledge and boost your confidence for the exam. This is the first part of a dedicated series on the General Principles of Agency, so be sure to subscribe for future videos! Whether you’re a first-time test-taker or retaking the exam, this video will help you master agency concepts and prepare to pass your real estate exam with flying colors. 🎯 Resources to Help You Pass: 👉 Grab my Power Trio E-Book Bundle with everything you need to succeed, including vocabulary, math concepts, and practice questions: https://justcallmaggie.com/product/th... 👉 Check out my other videos for more exam practice, tips, and tricks! • Master the Real Estate Exam: Top 25 Q... 📣 Don’t Forget: Like, comment, and subscribe for more real estate exam tips to help you succeed! Remember, Just Call Maggie is your go-to source for passing the real estate exam and becoming a rockstar agent. Let’s do this! ✨ WANT TO GET A REAL ESTATE LICENSE? Start here: https://justcallmaggie.theceshop.com 📽️Video Timestamps 📽️ 00:00 - Intro 00:55 - What We Will Learn Today 01:42 - Agency Relationships (What is Agency?) 03:10 - Non-Agency Relationships 05:27 - Types of Agency Relationships (Single, Dual, Sub, Designated Agency) 07:12 - Single Agency Explained 08:23 - Dual Agency Explained 10:01 - Sub Agency Explained 11:28 - Designated Agency Explained 12:45 - Agency Cheat Sheet 1 12:54 - Different Types of Agents (Universal, General, Special Agency) 13:01 - Universal Agent Explained 14:19 - General Agent Explained 15:38 - Special Agent Explained 17:40 - Agency Cheat Sheet 2 17:49 - Fiduciary Duties of a Real Estate Agent 19:30 - Fiduciary Duties Explained 24:04 - Fiduciary Duties Cheat Sheet 24:29 - Real Estate Power Trio Bundle Offer 25:07 - Practice Real Estate Exam Question 1 25:40 - Practice Real Estate Exam Question 1 Answer & Explanation 26:00 - Practice Real Estate Exam Question 2 26:16 - Practice Real Estate Exam Question 2 Answer & Explanation 26:29 - Practice Real Estate Exam Question 3 26:48 - Practice Real Estate Exam Question 3 Answer & Explanation 27:06 - Practice Real Estate Exam Question 4 28:06 - Practice Real Estate Exam Question 4 Answer & Explanation 28:37 - Practice Real Estate Exam Question 5 29:15 - Practice Real Estate Exam Question 5 Answer & Explanation (Yikes! I said D, but the answer is really B) 29:41 - Wrap it up 📲 FOLLOW ME ON SOCIAL Facebook: / justcallmaggie Instagram: / justcallmaggie TikTok: / justcallmaggie Subscribe to my YouTube Channel: @JustCallMaggie #realestateexam #realestateagent #passtheexam #realestatetips #realestateexamtips #agencyrelationships #fiduciaryduty #oldcar #realestateeducation #realestatelicense #studytips #realestateexamprep #realestatepracticequestions