What must written listing agreements contain?

Written listing agreements must contain the signatures of authorized parties and property identification to be valid and enforceable. This requirement ensures that all parties involved in the transaction agree to the terms set forth in the contract, which is crucial for establishing a legally binding relationship between the seller and the real estate broker.

Property identification typically includes a thorough description of the property being listed for sale, and this detail is essential to avoid any ambiguity about which property is subject to the listing agreement. Having the signatures of all authorized parties confirms their intent to agree to the terms and conditions laid out in the agreement, which is fundamental in real estate transactions to protect the interests of both the broker and the property owner.

While other choices mention details that might be relevant to the listing or beneficial to the marketing of the property, they do not meet the foundational legal requirements necessary for a listing agreement. The requirement for signatures and property identification is a recognized standard in real estate practices, ensuring clarity and enforceability in the agreement.