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legal Definition of listing 1: an arrangement, agreement, or contract for the marketing of real property through one or more real estate agents usually for a specific period â called also listing agreement â
The listing contract is a binding legal document. A real estate listing contract is a written agreement between you and a real estate agent that offers the agent a commission for selling your home. To earn the commission, the agent agrees to market the home and to handle the sales transaction.he listing contract contains the terms under which the real estate agent will perform marketing and selling services and how much commission she is due upon the closing of a sale. The length of the contract can be three months, six months, a year, or any other period you choose.