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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
Definition. Contractual arrangement under which an agent acquires the right to negotiate sale of a principal's goods or services, usually in exchange for a commission or fee computed as a percentage of sales generated.ontractual arrangement under which an agent acquires the right to negotiate sale of a principal's goods or services, usually in exchange for a commission or fee computed as a percentage of sales generated.