Buyer listing

Buyer listing

A buyer listing is an agreement between a real estate agent and a prospective home or property buyer under which this "Buyer Agent" agrees to assist the Buyer in locating and contracting to purchase real estate, in exchange for a commission. Generally required to be in writing by law and/or professional rules (using a "Buyer Agency Agreement"), a Buyer Listing can also be described as the representative counterweight to the "Seller/Property Listing" arrangement between Listings Agents and Sellers. A Buyer Listing arrangement may be entered into a buyer listing service ("BLS") in the same way that a Property, Home or Seller Listing is entered into the Multiple (Sellers') Listing Service ("MLS"). Buyer Listing practices have become the predominant form of Agent selling (versus 'listing') activities since their advent in the early 1990s.


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  • Buyer listing service — A Buyer Listing Service ( BLS ) is a system designed to gather relevant information, via data entries by a prospective home buyer, her real estate Buyer Agent , or both, concerning the Buyer s financial qualifications regarding a home purchase… …   Wikipedia

  • Buyer agency agreement — Buyer Agency Agreements are where a Realtor represents the buyer of real estate. Creation With the advent of Buyer Agency (Buyer Brokerage) in the early 1990s as opposed to seller agency, a real estate Agent/Broker agrees and contracts to… …   Wikipedia

  • Buyer brokerage — (or Buyer agency as it is also known) is the practice of real estate brokers (and their agents) representing a buyer in a real estate transaction rather than, by default, representing the seller either directly or as a sub agent. In the United… …   Wikipedia

  • listing — list·ing n 1: an arrangement, agreement, or contract for the marketing of real property through one or more real estate agents usu. for a specific period – called also listing agreement; exclusive agency listing: a listing under which only one… …   Law dictionary

  • Listing contract — A listing contract is a contract between a real estate broker (or his/her agent representatives, acting in the broker s name) and a seller or sellers of real property to give the broker the right to offer the property for sale.The contract is… …   Wikipedia

  • Buyer agent — In the real estate business, a buyer agent refers to an agent or broker that represents the buyer in a transaction. This can include buyer agents from traditional listing firms, as well as buyer agents from EBA (Exclusive Buyer Agent)firms, which …   Wikipedia

  • listing — In the context of real estate, written agreement between a property owner and a real estate broker that gives the broker permission to find a buyer or tenant for some property. Bloomberg Financial Dictionary See: listing broker. Bloomberg… …   Financial and business terms

  • listing — Real estate. An agreement between an owner of real property and a real estate agent, whereby the agent agrees to attempt to secure a buyer or tenant for specific property at a certain price and terms in return for a fee or commission. The various …   Black's law dictionary

  • listing — Real estate. An agreement between an owner of real property and a real estate agent, whereby the agent agrees to attempt to secure a buyer or tenant for specific property at a certain price and terms in return for a fee or commission. The various …   Black's law dictionary

  • Multiple Listing Service — A Multiple Listing Service (MLS) (also Multiple Listing System or Multiple Listings Service) is a group of private databases which allows real estate brokers representing sellers under a listing contract to widely share information about… …   Wikipedia

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