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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What must a listing agreement include?

Elements to include in a listing agreement. Names, addresses, and contact information for both the owner and the agent. The time period in which the property will be listed for sale. The listing price of the property. The type of listing agreement being entered into.

What is true of a listing contract not signed by the agent and seller?

California law provides that an agreement authorizing an agent, broker, or any other person to purchase or sell real estate is invalid, unless [the agreement], or some note or memorandum thereof, are in writing and subscribed by the party to be charged or the partys agent. (Civ. Code 1624(a)(4).)

Who should a written listing agreement be signed by?

Remember that once the listing agreement is in writing, it needs to be signed by the seller and agent. These signatures seal the deal, even if the listing is expected to take a docHub amount of time to sell.

What are the legal requirements of a valid listing agreement?

Explanation: A valid listing agreement must adequately identify the property (usually through a legal description) and must be in writing and signed by the seller.

What is the most common listing agreement?

An exclusive right-to-sell listing is the most commonly used contract. With this type of listing agreement, one broker is appointed the sole sellers agent and has exclusive authorization to represent the property.