This is a legally binding contract, if not fully understood seek competent legal advice before signing. A New York real estate agent listing agreement is a written contract between a real estate broker and an individual regarding a property sale.This is a basic listing agreement or contract if you will uh between you the agent and the seller the homeowner. 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. This guide will help you to understand the changes and the proper way to fill out the forms. New York's Plain English Law Many listing agreements currently being submitted to WPMLS are not in conformity with the Plain English Law. The document details the listing price, location of the property, the agent's commission, and if the seller allows for dual agency. What disclosure forms and listing agreements in NYC do agents need to worry about? Are you responsible for the purchase contract and other closing docs? An "exclusive agency" listing means that if you, the SELLER of the PROPERTY find a buyer, you will not have to pay a commission to the broker.