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Oregon Real Estate Agent Listing Agreement

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Oregon Real Estate Agent Listing Agreement

Updated August 02, 2023

An Oregon real estate agent listing agreement authorizes a broker to list, market, and sell real estate on behalf of a seller (principal) in exchange for compensation or commission. This contract helps establish a relationship between broker and principal, outlining the terms and conditions to which both parties are bound. A real estate agent bound to a listing agreement must always keep the principal’s best interests in mind and shall present any and all offers from prospective buyers to their client. The listing agreement can provide the agent with peace of mind, knowing their client will not use another broker while they are bound by the signed contract. Once the property is sold, the broker will take their commission and the agreement is terminated.

Agency Disclosure Pamphlet (§ 696.820) – All real estate agents must present all potential clients with the Initial Agency Disclosure Pamphlet during their first meeting.

Dual Agency (§ 696.815) – Dual agency, also known as “disclosed limited agency,” is permitted in the State of Oregon but it is not a recommended form of representation.

Property Disclosure Statement (§ 105.464) – All prospective buyers must receive a completed disclosure statement from the seller of the residential property.

Search a Licensee – Oregon.gov provides an online licensee search portal.

Realtor Version

Regional Multiple Listing Service (RMLS) Listing Agreement (Version 2008)PDF