Brokerage & Agency

Listing Agreement

A written agreement documenting a broker's representation of a seller or landlord, and a common place to obtain intermediary consent.

Quick flashcard

What does Listing Agreement mean on the Texas real estate exam?

Answer: A written agreement documenting a broker's representation of a seller or landlord, and a common place to obtain intermediary consent.

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Listing Agreement definition

A listing agreement is the written contract between a broker and a seller or landlord. Under Sec. 1101.557(a) a broker who lists real estate for sale under an exclusive agreement for a party is that party's agent, which brings the minimum-services duties into play.

Like the buyer-representation agreement, it can establish intermediary consent under Sec. 1101.559(b) when it authorizes intermediary and sets out the Sec. 1101.651(d) prohibited conduct in conspicuous bold or underlined print.

Source basis

Definition checked against the official sources below on .

On the exam

Listing and buyer-representation agreements are where intermediary consent is normally obtained up front.

Exam trap

Assuming intermediary consent must be a separate document signed later. It is usually already in the representation agreement.

Tested in

Texas Agency & Intermediary (11 of 40 Texas State Law)

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This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.