A listing agreement is a contract between you and your real estate agent that allows them to market your property and represent you in the home-selling process. The listing agreement is a contract that lays out specific, agreedupon terms, giving the real estate agent permission to market a home to buyers.Talk with either your broker your sales manager or your legal team to ensure that the contracts and disclosures that you're filling out are being done correctly. 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 listing agreement is a legally binding contract between the seller (you) and the real estate brokerage that helps you sell your home. An exclusive right to sell listing agreement is a contract with a real estate agent or broker that gives them exclusive rights to sell and market your home. A seller signs an open listing agreement with Brokerage A, and then immediately signs another open listing agreement with Brokerage B. Financial Accounting. Can I switch my realtor if I'm unsatisfied with his performance in selling my home? Close submenu ( Finance Services) Finance Services.