Who is required to sign a listing agreement?

Study for the Arizona 6-Hour Contract Writing Course. Use flashcards and multiple choice questions with hints and explanations. Prepare effectively for your exam!

In a real estate transaction, a listing agreement is a contract between a property owner and a real estate agent representing the owner, typically referred to as the seller's agent. The primary purpose of this agreement is to outline the terms under which the property will be marketed and sold. The seller, as the client, must sign the agreement to authorize the agent to act on their behalf.

This agreement provides essential details such as the listing price, the duration of the agreement, and the responsibilities of both the agent and the seller. The agent's role includes marketing the property, conducting showings, and facilitating negotiations with potential buyers. Therefore, for the listing agreement to be legally binding and effective, it is crucial for the licensee (real estate agent) and the seller client to both provide their signatures.

The other choices do not accurately reflect the nature of a listing agreement. A buyer and seller do not sign it together, as the agreement specifically pertains to the seller's representation. Similarly, while the presence of agents for both parties can be important in a transaction, the listing agreement specifically involves the seller's agent and the seller, not a buyer's agent. Lastly, a licensee and a buyer client signing a contract would pertain to a buyer's representation

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