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 legally binding contract between a homeowner and the real estate agent or broker who will be listing the property for sale.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 agreement will spell out what the terms of the sale could possibly look like, what they're requesting, what our relationship is. The listing agreement is a contract that lays out specific, agreedupon terms, giving the real estate agent permission to market a home to buyers. The listing agent will execute with the Seller a Listing Agreement such as the ERS20tb. A listing agreement is a legally binding contract between the property owner and a real estate agent. What is included in a listing agreement? Why did this all happen in the first place? Please fill out this field.