Listing Agreement
Listing Agreement A.K.A. Listing is basically a contract allowing a real estate agent or broker to list a home for sale and act as the home seller agent representing his/her interests throughout the home selling process. Listing Agreements stipulates the commission rate the real estate agent or broker gets when the house is sold and the length of time he/she will represent the home seller and his property.
There are several kinds of Listing Agreements. There are exclusive listing agreements - like the Exclusive Right to Sell Listing and the Exclusive Agency Listing - and also non-exclusive listing agreements like the Open Listing. Unfolding from those, there are other specific Listings like the Option Listing, the Net Listing, and the Dual Listing.
Real estate tip:
Expiration dates for Listing Agreements can vary from 90 days, to 180 days or even a year! There are no rules. It is up to you and your agent or broker to decide what feels right for your property.
Want to know the basics of Listing Agreements? Check our Listing 101: What you need to know when you hire a real estate agent or a broker article!
Missing the expertise of a professional to better understand Listing Agreements? Use our Real Estate Agent Directory to find the perfect agent or broker for you!
Popular Real Estate Terms
Loss arising from the partial or complete destruction of property resulting from circumstances of a sudden, unanticipated or unusual nature. For example, fires, storms and floods to real ...
So, after you discovered what a Home Appraisal is, you want to know more about the person responsible for it: the famous Appraiser.Good for you!The Appraiser is a certified individual ...
Broadly speaking, a commission is a remuneration a person receives after acting on someone else’s behalf.In the real estate world, you’ll usually hear the term “sales ...
The Graduate, REALTOR® Institute is a designation given to real estate agents who have completed the curriculum developed as an educational attainment program by the National ...
One who sells real estate or other products. ...
A large enclosed shopping mall having several national and regional retails stores acting as anchor tenants. The enclosed floor area of regional shopping centers ranges between 250,000 ...
Special tax incentive for the continued use and rehabilitation of historical buildings and old structures in an effort to arrest urban decay. Developers receive a credit based on a ...
Member Of the American Institute of Real Estate Appraisers. ...
A graduated payment mortgage (GMP) developed to overcome the negative amortization aspects of the GMP. The key to the FLIP mortgage is the use of the buyer's down payment. Instead of being ...
Have a question or comment?
We're here to help.