This is a legally binding contract, if not fully understood seek competent legal advice before signing. This booklet explains many of these laws you need to know and provides resources where you can find more information about landlord and tenant issues.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. The contract between a tenant and landlord, whether based on a written lease or a handshake, is one of the most common and important deals. The most important items to negotiate or at least keep in mind are exclusive agency vs exclusive right to sell, fee vs no fee, the protected buyers clause. Simply fill out the form below and click calculate. LIBOR is one of the largest local REALTOR® Boards in the United States.