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Listing agreement

Property Information

Confirm accurate property address

Verify property type (residential, commercial, etc.)

Note any unique features or characteristics of the property

Gather information on property size, including lot or floor area

Seller Information

Obtain full legal name(s) of the seller(s)

Collect contact details for the seller(s), including phone number and email address

Request a copy of the seller(s) identification document (e.g., driver's license, passport)

Confirm the seller(s) ownership of the property

Validate the seller(s) authority to enter into a listing agreement

Listing Terms

Determine the desired listing price

Discuss the acceptable price range or flexibility

Establish the listing duration (e.g., 6 months, 1 year)

Outline any specific conditions or contingencies for the listing agreement

Agent Details

Record the full legal name of the listing agent or brokerage

Obtain contact information for the listing agent or brokerage

Confirm the agent's license number and expiration date

Include any additional information regarding the agent's experience or expertise

Marketing Plan

Discuss marketing strategies for the property (e.g., online listings, open houses)

Determine the advertising channels to be utilized (websites, social media, print media)

Set expectations for the frequency and type of communication between the agent and seller(s)

Commission and Fees

Agree upon the commission rate or fee structure for the listing agent

Discuss any additional fees or expenses associated with the listing process

Outline the payment terms and conditions for the commission or fees

Property Disclosure and Inspections

Ensure the seller(s) complete the necessary property disclosure forms

Discuss the requirement for a home inspection or other inspections

Determine which party will be responsible for covering inspection costs

Additional Agreements or Addendums

Identify any additional agreements or addendums that need to be included (e.g., exclusive right to sell, agency disclosure)

Review any specific legal requirements or regulations applicable to the property or transaction

Signatures and Dates

Ensure all parties involved in the listing agreement sign the document

Include the date of signing for record-keeping purposes

Note: This checklist serves as a general guide and may vary depending on local regulations and specific organization requirements.

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