This guide will help you to understand the changes and the proper way to fill out the forms. A listing agreement is a contract between homeowners and brokers that legally establishes how a realtor will find a property buyer on the seller's behalf.2024 Why Samsung Is Right to Ditch the Galaxy Note. Requirements of Clause 49 of the Listing Agreement. Board Meetings are scheduled well in advance. Selling property is a major undertaking. For realtors, it requires significant time and effort in a competitive industry. View Jacqueline Fulton's profile on LinkedIn, a professional community of 1 billion members.