When it comes to selling a property, a listing agreement is a crucial document that outlines the terms and conditions between the seller and the real estate agent. But who exactly signs this document? Let’s take a closer look.
In most cases, the homeowner or the legal owner of the property is the one who signs the listing agreement. This may be a single individual, a couple, or a legal entity such as a corporation or a trust. The owner must have the legal authority to sell the property and enter into contracts.
Additionally, it’s important to note that not all owners have the authority to sign a listing agreement. For example, if the property is owned by a family trust, the trustee may be the one who signs the document. Similarly, if the property is owned jointly, all owners must sign the agreement.
It’s worth noting that the real estate agent or broker also signs the listing agreement. This signifies their commitment to representing the seller and marketing the property to potential buyers. The agent’s signature also indicates that they agree to the terms and conditions outlined in the document.
The listing agreement is a legally binding contract, so it’s important that all parties understand and agree to the terms before signing. It’s recommended that both parties thoroughly review the document and ask any questions they may have before signing on the dotted line.
In conclusion, the homeowner or legal owner of the property is typically the one who signs a listing agreement, along with the real estate agent or broker. However, it’s important to ensure that all parties who have legal authority to sell the property are involved in the process and fully understand the terms outlined in the document.
