Ask Bob Selling Your Home What is a listing agreement and what should it include?

What is a listing agreement and what should it include?

By Bob Millaway, South Jersey Community Expert & REALTOR®

A listing agreement is a legally binding contract between you and your real estate agent authorizing them to market and sell your home. It should include the listing price, commission rate, contract duration, marketing plan, and any exclusivity terms. Review the cancellation policy and what happens if you find a buyer on your own. Read every term carefully before signing.

Why It Matters

This contract governs your relationship with your agent and determines key financial and legal terms of your home sale.

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