"I tell my agents two things when filling out the listing agreement," says Watrous. Best practice would be for the listing broker to discuss the practice changes with the seller, the removal of cooperative compensation from the MLS.Beginning in midAugust, NAR's proposed settlement agreement requires members to sign written agreements with potential buyers prior to touring a home. A listing agreement is a contract between a homeowner and a real estate agent that authorizes the Realtor to move forward with the home sale. Listing and Buyer Employment Agreements. Written in clear and unambiguous language. Curious how to fill out a listing agreement? This video covers the Tennessee Realtor Form Exclusive Right To Sell Listing Agreement. Close of escrow or the termination of said purchase contract, whichever first occurs ("Extended Term"). 9. It's in the listing agreement in my market.