real estate chap. 1


A written contract between a seller and a broker, in which the seller hires the broker to find a buyer for the property. Also called a listing agreement.

Listing agent

A real estate agent who assists a seller in finding a buyer for a property

Multiple listing service

An organization of real estate agents that share information about listed properties with each other.

Offer to purchase

A seller's offer to purchase states the offered price as well as the closing date and other terms of sale