Which document is typically required for a listing agreement to be valid?

For a listing agreement to be valid, it must typically be in writing. A written agreement provides clarity and helps in establishing the terms and conditions between the seller and the broker. It serves as a legal record of the agreement, ensuring that both parties are clear about their obligations, such as the listing price, duration of the agreement, commission structure, and other pertinent details related to the sale of the property.

While a buyer's offer, a detailed property inspection, and an appraisal report might be relevant in the overall process of selling a property, they are not essential for the validity of a listing agreement itself. The written format is key because it helps prevent disputes and provides a clear framework for the broker to act on behalf of the seller. Thus, the requirement for a written agreement is a fundamental aspect of real estate practice to ensure that all parties have a mutual understanding and signed consent regarding the sale of the property.