Definition of "Bilateral listing"

Dennis Moran real estate agent
Dennis Moran, Real Estate Agent Familty Tree Realty

(1) Agreement where the broker and the seller agree to mutual performance. The broker agrees to advertise the property at the agreed sale terms with the intention of putting together buyer and seller, while the seller agrees to sell and deliver the listed property. (2) Simultaneous listing with two separate real estate agents.

 

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