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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
In an exclusive listing agreement, an owner contracts with one broker to give that. broker the exclusive right to sell or lease a property. Brokers must honor the. exclusive listing rights of other brokers. A broker cannot enter into a listing. agreement with an owner if the broker thinks that another broker already has.