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legal Definition of listing 1: an arrangement, agreement, or contract for the marketing of real property through one or more real estate agents usually for a specific period â called also listing agreement â
Change the Listing Agreement: A listing agreement binds you to an agency to market your home for a specific period of time and to pay a commission. This agreement usually doesn't have specific or written commitments by the agency as to what they are going to do to earn the commission, only that it states that you own the commission if a sale occurs.