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.This paragraph gives the Realtor both permission and instructions to list and advertise your home on the MLS. No information is available for this page. 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). Listing Information (Required) This is the form that supplies us with all the information that we need about your property to enter it into MLS. 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. Are you confused about the recent changes in real estate forms? The listing agreement is the formal contract between you and your real estate agent, with important details laying out the process.