What type of agreement establishes a relationship between a seller and a broker?

A listing agreement is the document that establishes a formal relationship between a seller and a broker. This type of agreement grants the broker the authority to represent the seller in marketing and selling the property. Under a listing agreement, the broker typically agrees to use their expertise to market the property, conduct showings, and negotiate with prospective buyers on behalf of the seller.

In this agreement, the seller provides the broker with specific terms regarding the sale, including the price and any conditions under which the property may be sold. The listing agreement can also outline the broker's commission, responsibilities, and the duration of the agreement. This formalizes the business relationship and ensures that both parties are clear about their roles and obligations throughout the selling process.

Other types of agreements mentioned, such as the exclusive buyer representation agreement, focus on relationships between buyers and brokers, while the offer to purchase agreement and purchase and sale agreement are related to the transaction itself, detailing the terms of sale once a buyer is identified. Thus, only the listing agreement specifically pertains to the relationship between a seller and a broker.