Agency - Agency means a relationship in which a real estate broker or a licensee represents a client by the client’s consent, whether expressed or implied, in an immovable property transaction. An agency relationship is formed when a real estate licensee works for you in your best interest and represents you. Agency relationships can be formed with buyers/sellers and lessors/lessees.
Agent - One who acts or has the power to act for another.
APR - Annual Percentage Rate is the relationship of the total finance charges (2 comments)