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Amendment to Listing Agreement

Amendment to Listing Agreement
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Updated August 24, 2023

An amendment to a listing agreement changes the terms of a current listing agreement. This is common with owners and usually attributed to changing the listing end date, sales price (reduction), cease marketing the property, or any other modification. An amendment is required to be signed by the owner.

How to Amend a Listing Agreement (3 steps)

  1. Complete Paperwork
  2. Write the Amendment
  3. Sign and Attach to Listing Agreement

Amending a listing agreement involves the owner’s consent and signature. Any amendment should be explained in-full so that all parties are in agreement.

1. Discuss the Amendment

broker and homeowner discussing listing amendments

The broker and owner should meet and discuss the changes to the listing agreement. The common changes are the following:

  • Price ($) change;
  • Change of end date;
  • Cease marketing the property; and
  • Commission change.

2. Write the Amendment

homeowner typing listing amendment on laptop

Once a verbal agreement is made, the amendment should be written. Unless there are complicated changes, the document should be no more than 1 or 2 pages. The broker often will write the form in the presence of the owner using agreed-upon language.

3. Sign and Attach to Listing Agreement

broker showing homeowner where to sign on agreement

Once written, the amendment should be signed with copies given to all parties. The amendment should be attached to the original agreement and is now made part of the listing contract.