In a listing contract, what does the seller agree to do?

In a listing contract, the seller agrees to consider offers on the property. This means that the seller is open to reviewing any proposals or bids that potential buyers present, regardless of the terms or price. The primary purpose of a listing contract is to grant a real estate agent the authority to market and sell the property on behalf of the seller.

Choosing to consider offers allows the seller to remain flexible and negotiate the terms of sale that best meet their needs. It is important to understand that this does not obligate the seller to accept any offer but rather opens the door to engage with potential buyers actively.

The other choices, while related to the process of selling a home, do not accurately capture the essence of what a listing contract requires of the seller. For instance, a seller is not required to sell the property outright until they have accepted a purchase agreement. Similarly, stipulating that a sale occurs only with a full-priced offer or that the seller must fix broken appliances goes beyond the fundamental agreement in a listing contract. Those conditions may be relevant considerations in the negotiation phase but do not define the seller's commitments under the listing contract itself.