In real estate, a Listing is an agreement between a property owner and a real estate agent or broker in which the agent is authorized to market the property and seek a buyer or tenant. The agreement specifies the price, terms, and conditions under which the property is to be offered.
In return for these services, the agent is entitled to a fee or commission if the property is sold or leased according to the terms of the listing. Listings define the scope of the agent’s authority and the rights and obligations of both parties.
