The listing agreement is a contract that lays out specific, agreedupon terms, giving the real estate agent permission to market a home to buyers. Learn how Buyer Broker Agreements are intended to be used and what you need to mention directly within the agreements.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. A residential listing agreement is an contract between a property owner and a real estate broker where the broker lists the property for sale. Net listing agreements are illegal in most states, but Florida isn't one of them. Here's what you need to know before signing a Net listing agreement. Listing agreement does not have "cancellation fee" for early out , protection period. I am in the process of signing a listing agreement with a Florida realty broker. Have Active Listing Agreements or Current Buyer Agreements? Withhold all offers once Seller accepts a sales contract for the Property. 72.