How to Amend a Listing Agreement (3 steps)
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.
Amendment to Listing Agreement
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Updated November 15, 2024
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.
The broker and owner should meet and discuss the changes to the listing agreement. The common changes are the following:
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.
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.