News

Listing Agreement Term Definition

The terms of the agreement serve as the basis for your entire real estate transaction, so it is extremely important that you read each line carefully. “Real estate is a service sector. If you`re not ready to offer first-class service to your customers, you really shouldn`t be in business,” Lenchek said. He adds that in the rare event that a homeowner is not satisfied with his services, he lets them out of the agreement without any problem. According to Lenchek, it all depends on the situation. While some homeowners sign the listing agreement at the first meeting, others may wait weeks or months before agreeing to sell their home. In any case, a listing contract will be signed as soon as you are ready for your real estate agent to start marketing your home. .