Which type of agent has the authority to conduct all acts on behalf of a client?

A universal agent possesses the authority to perform all acts on behalf of a client and can represent them in virtually any legal matter or transaction. This type of agency is broader than other forms of agency because it encompasses a wide range of responsibilities, essentially granting the agent the same powers as the client.

In real estate, a universal agent is often responsible for managing the client's interests comprehensively, which can include managing properties, executing contracts, and making decisions that can have significant financial impact, all aligned with the client's overall objectives. This extensive scope of authority distinguishes the universal agent from others, such as a general agent, who may handle a specific area or type of duty, or a special agent, who has limited authority focused on a single task or transaction. A transaction broker, while facilitating transactions, does not have the same level of authority to act on behalf of a client as a universal agent does.