What To Know Before You Sign a Listing Agreement for Selling a House
A listing agreement is a legally binding contract that allows a real estate agent to sell your house or property on your behalf. Signing this agreement gives your agent the green light to advertise your house to their networks in return for compensation from the sale proceeds.
Like any other legally binding contract, you should ensure that the listing agreement entails your obligations and those of your agent, as you have discussed and agreed upon. It helps to formalize your agreement to protect yourself from unforeseen tussles during the term of the business contract.
Let's take a look at this critical contract document and some of its important terms, which you should ensure…
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