"A listing agreement is one of the first and most important documents you'll encounter when selling your home. It's a legally binding contract between the property owner (seller) and a real estate broker (and their agent) that authorizes them to market and sell your property. For sellers, understanding the terms of a real estate listing agreement is essential. It not only sets the expectations for how the property will be marketed and sold but also provides legal protection if disagreements arise."
"A listing agreement is a contract between a homeowner and a real estate broker that authorizes the broker, and by extension their agent, to market and sell the property. Often referred to as a seller broker agreement or seller agent contract, this document outlines the terms of representation, commission fees, and the duration of the relationship. Without a signed listing agreement, a real estate agent does not have the authority to represent the seller in a transaction."
A listing agreement is a legally binding contract between a homeowner and a real estate broker that authorizes the broker and their agent to market and sell a property. The agreement defines the type of representation, including exclusive right to sell or exclusive agency arrangements, and specifies commission fees and contract duration. It outlines agent services such as preparing and marketing the property, hosting showings and open houses, and negotiating offers. State and broker variations affect specific provisions. A signed listing agreement is required for an agent to represent the seller and provides legal protection if disputes arise.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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