Real Estate Glossary

What is Level of Control On a Listing Agreement?

A listing agreement is a contract between a property owner and a real estate agent that gives the agent the authority to list and market the property for sale. The level of control refers to the level of authority that the property owner has over the listing and sale process. Some listing agreements may provide the property owner with more control over the marketing and sale of their property, such as the ability to approve marketing materials or the price at which the property is listed. Other listing agreements may provide the agent with more control, such as the ability to set the price and make decisions about marketing without the property owner's approval.