The Seller agrees to complete and provide information to the best of their ability with true, factual, and accurate information. The. The listing agreement is a contract that lays out specific, agreedupon terms, giving the real estate agent permission to market a home to buyers.A residential listing agreement is an contract between a property owner and a real estate broker where the broker lists the property for sale. The Listing Contract (Seller Agency Contract) – Exclusive Right to Sell Real Estate (Form XLS) gives exclusive right to sell residential real property. 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 unique application of customizable commercial real estate contract templates, including Purchase and Sale, Lease, and Listing agreements. A For Sale By Owner contract Pennsylvania must include: 1. The Purchase Price, 2. 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. Prior to retaining a real estate broker, the property owner enters into a written agreement defining the scope and term of their relationship.