June 28, 2022 | Posted in:Uncategorized

When selling a property, the listing agreement is a crucial document that outlines the terms and conditions of the sale. It`s a legally binding contract between the real estate agent and the property owner and should be signed by the parties involved.

So, who signs the listing agreement? The answer is simple: the property owner. The listing agreement is a contract between the property owner and the real estate agent, and it is the property owner who is ultimately responsible for the sale of the property. As such, they are required to sign the listing agreement, which allows the agent to act on their behalf.

The listing agreement contains important details such as the property`s asking price, commission percentage for the agent, and the length of time the property will be listed for sale. It also includes provisions for marketing the property, such as advertising and open houses. The agreement outlines the steps that the agent will take to sell the property and the responsibilities of both parties during the sale.

It`s important for property owners to carefully review the listing agreement before signing it. They should ensure that they understand all of the terms outlined in the agreement and that they are comfortable with the commission percentage and length of time the property will be listed.

Real estate agents have a duty to explain the details of the listing agreement to the property owner and ensure that they are fully aware of the terms and conditions of the contract. Property owners may also choose to have a lawyer review the agreement before signing, to ensure that their rights are protected.

In conclusion, the property owner is the one who signs the listing agreement. It`s a crucial document that outlines the terms and conditions of the sale, and property owners should carefully review the agreement before signing it. Real estate agents have a duty to explain the details of the agreement and ensure that property owners are fully aware of the terms and conditions of the contract.