What Questions Should I Ask Before Signing a Listing Agreement?

by Noor Shihab

Quick Answer: Ask how the agent arrived at your suggested list price, what their specific marketing plan includes, how often you will receive updates, what the commission structure is, and what happens if you are not satisfied partway through the listing term. A confident, specific agent will have clear answers to all of these.
 
A listing agreement is a real commitment, so it is worth understanding exactly what you are signing before you do. Start with pricing: ask the agent to walk you through the comparable sales and market data behind their suggested price, not just the number itself.
 
Next, ask about the marketing plan in detail. Professional photography, where the listing will be promoted, how showings are handled, and how buyer feedback is communicated back to you are all reasonable things to ask about upfront.
 
Communication expectations matter more than sellers often realize. Ask how often you will hear from your agent, whether that is weekly updates, after every showing, or only when there is major news, so you know what to expect and are not left wondering how things are going.
 
Finally, understand the term length and what your options are if the relationship is not working. A good agent will not be afraid of this question, and clear answers here are one of the best signs you are working with someone who will represent your interests well from list to close.

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Noor Shihab

Noor Shihab

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