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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
A listing agreement is a contract of employment between a broker and the owner of. real property who wants to sell or lease the property. Commission agreement, brokerage agreement, or a brokerage engagement are other names for employment. agreements between brokers and owners, or between brokers and buyers or tenants.