If you are obtaining the forms for possible use in a real estate transaction, you should contact a real estate license holder or an attorney for assistance. 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.No information is available for this page. This paragraph gives the Realtor both permission and instructions to list and advertise your home on the MLS. A land listing agreement is a contract between a land owner and real estate agent that authorizes the latter to find a buyer for the property. 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). This is another negotiated fee of the contract. A residential listing agreement is an employment contract between a property owner and a real estate broker. A real estate agent is a REALTOR® when he or she becomes a member of the National Association of REALTORS®. Determine if the property is in a PID at the time you take the listing.