What term describes the right of an agent to take actions not explicitly stated in the listing agreement?

The term that describes the right of an agent to take actions not explicitly stated in the listing agreement is implied authority. Implied authority arises from the actions and circumstances surrounding a relationship, allowing an agent to perform tasks that may be necessary to fulfill their obligations, even if those actions are not concretely outlined within the document.

In real estate, when a seller engages an agent to represent them, certain actions are commonly understood to be part of that representation. For instance, while the listing agreement may specify certain duties, it is generally understood that the agent may need to take additional actions—such as negotiating offers or responding to inquiries—to effectively serve the seller’s interests. These actions are considered to fall within the scope of the agent's implied authority, helping to ensure smooth and efficient transactions.

The other terms do not align with this concept as closely. Express authority refers to clearly defined actions and responsibilities explicitly stated in a contract. Limited authority indicates constraints placed upon an agent’s ability to act. Hence, understanding implied authority is crucial for both agents and clients in grasping the broader scope of representation within the context of real estate transactions.