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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
Exclusive Listing. DEFINITION of 'Exclusive Listing'. A real estate sale transaction in which a specified real estate agent stands to gain a commission if a property sells within a specified number of months, no matter how a buyer is found. The purpose of an exclusive listing is to motivate the agent to sell the property quickly and at the highest price possible.