Listing agent
The agent who represents the seller. They price the home, market it, handle showings and negotiate offers.
Also called: seller's agent, sellers agent, listing broker
Related terms
The contract between a seller and a brokerage to sell a home. It sets the price, the commission, how long it lasts and what the agent will do.
The agent who represents the buyer. They find homes, set up showings, write offers and negotiate. Since 2024 most need a signed buyer agreement before touring homes.
The most common listing agreement. The listing brokerage earns the commission no matter who finds the buyer, even the seller.
An agent's estimate of a home's likely sale price based on recent nearby sales and current listings. It guides list prices and offers but is not an appraisal.
One agent or brokerage representing both buyer and seller in the same deal. It needs written consent from both, and some states ban it.