What is the difference between a Listing Agreement and a Buyer Representation Agreement?

A Listing Agreement is a contract between a property seller and a real estate agent, broker, or agency representing the seller. The agreement states the services the agent or broker will provide to the seller, such as marketing services, advertising and negotiating on behalf of the seller. The seller may hire one agent or broker, or multiple agents or brokers. A Buyer Representation Agreement is a contract between a real estate agent, broker, or agency and a property buyer. The agreement states the services the agent or broker will provide to the buyer, such as research, negotiation, and assistance with financing. The buyer agrees to pay the agent or broker a commission if the buyer successfully purchases a property. In summary, a Listing Agreement is a contract between the seller and an agent or broker representing the seller while a Buyer Representation Agreement is a contract between the buyer and an agent or broker representing the buyer. Both types of agreements outline services that the agent or broker will provide, and in the case of a Buyer Representation Agreement, the buyer agrees to pay a commission to the agent if the buyer successfully purchases a property.

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What is the difference between a Listing Agreement and a Buyer Representation Agreement?

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