A listing contract is an agreement between you and a licensed real estate broker that authorizes the broker to represent you in the process of selling your home. There are several different types of listing contracts, but only a few of them are used. The most common one used is the “Exclusive Right to Sell”. But will find that there are a lot more types, allowing you to choose the level of authorization to give to your agent. Here are some of them:
Considered the one most generally useful, this type of contract is for people who are want to both sell their home and work with real estate agents. What the contract does is give the right for agents to do showings of your home, and gives them an amount of commission if their client chooses to buy your house.