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In any resulting transaction in which Seller's property is not listed with Broker's firm, Broker will be the exclusive agent of Buyer and not a dual agent also. (This is a legally binding contract.A listing agreement allows a real estate agent to sell a piece of property and receive a commission when the sale is completed. Overall, the "exclusive authorization and right to sell" agreement is the ideal contract to have your clients sign. Multiple Agents. Property Description in the BuyerBroker Contract. This is a legally binding Contract; if not understood, seek advice from an attorney. How Long Is a Real Estate Listing Contract?. This is the most common arrangement with a full-service real estate agency.