Which type of agent offers very limited services and is often associated with escrow functions?

The correct answer is a Limited Agent, which is often associated with providing a narrow scope of services. This type of agent operates under specific guidelines and typically performs basic tasks related to a real estate transaction, often handling functions similar to those in an escrow role, such as managing documentation and facilitating communication between parties.

Limited Agents do not represent the interests of either party in the transaction fully; rather, they act more as facilitators. This designation is crucial for understanding the level of service provided and the responsibilities involved. They provide necessary assistance while ensuring that neutral support is maintained, thereby minimizing conflicts of interest that might arise when fully representing one party over another.

The other types of agents mentioned play more comprehensive roles. A Universal Agent acts with broad authority to represent the principal in any and all affairs. A Single Agent represents only one party in a transaction and owes fiduciary duties to that client. A Buyer's Agent specifically represents the interests of the buyer alone, which contrasts with the Limited Agent's role.