Marketing and Fair Housing. • Learn to identify the four ingredients that create sales of listings.Filling in the Blanks: Step-by-step guidance on completing Form 47. 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. You and your Realtor will likely review this contract in detail and fill it out together. Typically, a real estate listing agreement involves the property owner and a real estate agent. The listing agreement is a contract that lays out specific, agreedupon terms, giving the real estate agent permission to market a home to buyers. 3. AGENCY. a. Pamphlet. Seller acknowledges receipt of the pamphlet entitled "Real Estate Brokerage in Washington." b. The listing agreement typically lays out the agreed upon methods your agent will use to sell your home.