Listing

A listing is a property formally put on the market for sale or lease, usually under an agreement between the owner and a broker. That listing agreement gives the broker the right to market the property and sets out how they are paid.

Listings come in two main forms: exclusive, where a single broker holds the right to market the property, and open, where several brokers compete for the commission. Details like price, square footage, zoning, and available space go out through CRE platforms such as CommercialCafe and broker networks to reach qualified buyers and tenants.