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In this video, were gonna discuss the Listing Contract. There are two questions that Im gonna answer that you need to know for your real estate licensing exam. Number one is, what is a Listing Contract, or sometimes called a Listing Agreement. Listing Contract and Listing Agreement can be used interchangeably. And then were gonna talk about the five different types of Listing Contracts. All right, so lets first deal with what is a Listing Contract? Well, the first thing to understand, a Listing Contract defines the relationship. And it defines the relationship between the seller and the broker, or the real estate firm. This is important because a Listing Contract is a basically an employment contract between the listing broker and the seller, even though it appears that the contract is between the seller and the listing agent. Now, the listing agent is signing on behalf of the listing broker. And remember, when a listing agent shows up at a sellers house and they sit down at the
