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. Paragraph 6 authorizes the listing agent to put the home on the MLS.This part of the listing agreement is all about the seller agreeing that they have the right to sell the property free and clear (other than a mortgage). A protection period in a listing agreement, found under paragraph five, section E, essentially covers a time frame postlisting. 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 agreement allows the broker to act as an agent and find a buyer for the property on the seller's terms. A listing agreement is a legally binding contract between the seller (you) and the real estate brokerage that helps you sell your home. 1. Select your listing plan. 2. Place your order online. 3. Want to learn MORE about getting your real estate business off the ground?