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An agreement that represents the right of a real estate agent or Broker to handle the sale of real property and to receive a fee or commission for services.

There are various types of real estate listings. A general or open listing is a right to sell that may be given to more than one agent or broker simultaneously. An exclusive agency listing is the right of one real estate agency to be the sole party, with the exception of the owner, who is permitted to sell the property during a particular period. Through an exclusive authorization to sell listing, one agency is given the sole authority to sell the property during a certain time period. The agency will receive a commission even if the owner finds the buyer during the time period.

A multiple listing takes place when an agent with an exclusive listing provides a number of members of a real estate association with information about the property and shares the commission with the agent who is able to find a buyer.

A net listing is an arrangement whereby the seller establishes a minimum price that will be taken for the property, and the agent's commission is the amount for which it sells above such minimum.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
The number of listings on surpassed anything else 1 looked into."
Currently brokerage companies exchange information in a process calling co-brokering, whereby firms share some of their listings and then divide up commissions after a sale.
Rheault also pointed out in his congressional testimony that any listing of the Eastern oyster would negatively impact wild oyster populations.
"Other markets have long traded NYSE stocks, and most of these stocks were already traded on the Nasdaq, so I take the dual listing to be a statement of a degree of dissatisfaction," says Hendrik Bessembinder, Professor of Finance and A.
Also includes the current numerical listing and the subject index.
Individual brand entries include complete manufacturer contact information, an overview of acute and chronic health effects the product may cause, recommendations for first aid, tips for safely storing and disposing of the product, and a listing of ingredients from the MSDS or product label.
in North Dakota, says, "Since listing with Farm Auction Guide, we are getting calls and e-mails from interested customers flora all across the country.
LOGSA will send you a tailored pubs listing as an email attachment.
We intended to include children's and art titles in the listings, because we know how important those books are to our community.
(39) Post-transaction advice may trigger the listing requirement, because the temporary regulations require a material advisor to list a person if he orshe knows (or has reason to know) that the person or any related party participated in or will participate in a reportable transaction.
The Times seems to be listing to the Right these days.