A Seller Listing Agreement is the contract between you, the seller, and your Main Line Realtor®. The contract protects both of you, and it outlines your rights and responsibilities. Once you agree to work with a particular agent, he or she will present you with the contract.
What the Seller Listing Agreement is All About
The Seller Listing Agreement, at its most basic, will outline:
- The term of the agreement. In real estate, term refers to the period of time you’ll agree to work with your Realtor. The longer you agree to work with the same agent, the more time he or she has to find a buyer. You can always extend the term of the agreement before it expires if you’re happy with your Realtor’s performance.<