This is a basic listing agreement or contract if you will uh between you the agent and the seller the homeowner. This is a legally binding contract, if not fully understood seek competent legal advice before signing.A residential listing agreement is an contract between a property owner and a real estate broker where the broker lists the property for sale. ("Broker") beginning(date) and ending at P.M. on (date). The contents of this Listing agreement cannot be crossed out or changed. A) Submission: BROKER will electronically input or deliver this Agreement and the MLS Property Profile Form to Bright. The document is an exclusive listing contract between a seller and Urban Search Corporation of Chicago, a brokerage firm, to sell a residential property. I'm going to show you how to create ad listing so it's very simple you just go to create transaction and then once the wizard pops up you can name it. What is a Listing Agreement? A listing agreement is a contract between a property owner and a real estate agent who the owner hires to act as their broker.