Updated August 02, 2023
A Minnesota real estate agent listing agreement is a mandatory form that real estate agents must provide their clients with before advertising said client’s property on the MLS. A listing agreement sets forth the conditions to which both agent and client are bound and includes terms such as expiration date, description of property, listing price, compensation/commission for the agent, and a termination clause. Once the provisions have been agreed upon and the contract is signed, the agent is required to represent the seller’s best interests at all times and will adhere to all duties and responsibilities in accordance with State law (Chapter 82 – Real Estate Brokers and Salespersons).
Agency Disclosure Form (§ 82.67) – At the first meeting with a prospective client, real estate agents must provide them with an Agency Disclosure Form.
Dual Agency (§ 82.67) – Informed consent must be provided in writing by both parties if an agent wishes to represent both buyer and seller in a real estate transaction.
Property Disclosure Statement (§ 513.55) – A written property disclosure form must be presented to any buyer before an agreement is signed to transfer or sell real property.
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Other Versions
Minnesota BAR Listing Agreement (Version 2017) – PDF