listing agreements

A listing agreement is a contract between a property owner and a real estate agent, giving the agent permission to market and sell the property on the owner’s behalf. It outlines the terms of the relationship, including the selling price, agent’s commission, and the duration of the agreement. The purpose is to formalize the agent’s role, ensuring they have the authority to represent the owner and pursue a sale. This agreement helps protect both parties by clearly defining expectations and responsibilities throughout the selling process.