What Is a Listing Agreement? Key Terms Every Home Seller Should Know & Check Before Signing
Автор: HomeJourneyAdvisor
Загружено: 2025-07-08
Просмотров: 460
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Thinking about selling your home? One of the most important—but often overlooked—steps in the process is signing a listing agreement. In this video, we’ll break down exactly what a listing agreement is, why it matters, and the key terms every home seller should understand before putting pen to paper.
A listing agreement is the official contract that gives your real estate agent the legal authority to represent you in the sale of your home. But not all listing agreements are the same. From the length of the contract to how commissions are structured, there are essential details you need to know to protect your interests and set yourself up for a successful sale.
We'll walk through the most important sections of a listing agreement, including:
The Listing Term: How long you're committed to the agent and why timing matters in different markets.
Listing Price: What you can lock in now versus adjust later.
Commission Structure: What fees are included, what might be extra, and how the agent and buyer’s agent get paid.
Agent Representation: The difference between fiduciary duty and transaction brokerage.
Seller Responsibilities: What you’re agreeing to in terms of communication and marketing.
Cancellation Terms: What happens if things don’t go as planned.
You’ll also get pro tips on how to confidently review and discuss the agreement with your agent—so you’re not rushed or left guessing. Whether you're selling for the first time or need a refresher, this video will help you feel informed, empowered, and ready to move forward with clarity.
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⏱️ Timestamps:
00:00 What Is a Listing Agreement? Key Terms Every Home Seller Should Know
00:04 What Is a Listing Agreement?
00:45 The Listing Term: How Long Will You Be Under Contract?
02:02 Aligning on Timing and Market Strategy
03:30 Listing Price: What Goes in the Contract?
04:50 Understanding Commissions and Fees
06:10 How Your Agent Represents You
06:48 Marketing, Communication, and Expectation
07:02 Your Responsibilities as the Seller
07:55 Cancellation Terms: What Happens If Things Don't Work Out?
08:35 Reviewing and Signing the Agreement with Confidence
09:43 Final Thoughts: Signing with Clarity and Confidence
HELPFUL RESOURCES
📌 Get FREE Access to Homebuyer and Seller Tools, Guides, and Resources: https://www.homejourneyadvisor.com/pa...
📌 Schedule A Time to Connect with a Pre-Screened Real Estate Agent:
https://www.homejourneyadvisor.com/pa...
📌 Upgrade to Finding the Best Agent for You with Agent Match Advantage:
https://www.homejourneyadvisor.com/co...
📌 Schedule A Time to Connect with a Mortgage Loan Expert:
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