{"id":2246,"date":"2017-09-04T17:06:09","date_gmt":"2017-09-04T21:06:09","guid":{"rendered":"https:\/\/www.zolo.ca\/news\/?post_type=encyclopedia&#038;p=2246"},"modified":"2021-08-03T18:33:37","modified_gmt":"2021-08-03T22:33:37","slug":"agency","status":"publish","type":"encyclopedia","link":"https:\/\/www.zolo.ca\/blog\/glossary\/agency","title":{"rendered":"Agency"},"content":{"rendered":"<p>Agency is any relationship based on an explicit or implicit contract where one person is&nbsp;authorized to act on behalf of his or her client. In real estate, an <a href=\"https:\/\/www.zolo.ca\/blog\/glossary\/agent\">agent<\/a> is legally allowed to act on behalf of a client.&nbsp;Agency is the relationship between the real estate agent and the <a href=\"https:\/\/www.zolo.ca\/blog\/glossary\/buyer\">buyer<\/a> or seller he or she is working with to buy or sell a home.&nbsp;This is why a licensed Realtor is also known as a real estate agent.<\/p>\n","protected":false},"author":3,"template":"","meta":[],"class_list":["post-2246","encyclopedia","type-encyclopedia","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia\/2246","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/encyclopedia"}],"about":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/types\/encyclopedia"}],"author":[{"embeddable":true,"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"wp:attachment":[{"href":"https:\/\/www.zolo.ca\/blog\/wp-json\/wp\/v2\/media?parent=2246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}