LISTING AGREEMENTS

The Listing Agreement and the attached addenda is the contract between the brokerage and the seller. There are many important terms and conditions stated within this contract such as the commission rate, the length or duration of the listing, the consequences of a breach by the seller, the terms under which dual agency is handled, seller's disclosures, cancellation of a listing, ownership of a listing, and other terms which are of extreme importance. The Listing Agreement is the first contract in what can be a long process to the sale and closing of a property. We'll, explore the many intricacies of this agreement as well as explore some case studies to understand listing agreements as they are used throughout your real estate career.