What document is included in the listing folder contents?

What document is included in the listing folder contents?

• A. The listing contract and agency disclosure.
• B. The property tax bill for last year.
• C. A copy of the mortgage statement.
• D. The home inspection report.

Answer: (A)

In listing practice, the folder for a property centers on documents that establish who the agent represents and the terms of the listing. The listing contract is the formal agreement with the seller, setting the listing price, duration, and the commission, and granting the broker the authority to market the home. The agency disclosure explains the agent’s relationship to the client and who is represented (seller, buyer, or both), ensuring clear and ethical disclosure. These two items provide the essential foundation for the listing file. Other documents like the property tax bill, mortgage statement, or a home inspection report aren’t part of the standard listing-folder contents, though they may appear in the file for other reasons.

In listing practice, the folder for a property centers on documents that establish who the agent represents and the terms of the listing. The listing contract is the formal agreement with the seller, setting the listing price, duration, and the commission, and granting the broker the authority to market the home. The agency disclosure explains the agent’s relationship to the client and who is represented (seller, buyer, or both), ensuring clear and ethical disclosure. These two items provide the essential foundation for the listing file. Other documents like the property tax bill, mortgage statement, or a home inspection report aren’t part of the standard listing-folder contents, though they may appear in the file for other reasons.