What is Listing Agreement?
Property owner और broker के बीच property sell करने के terms का formal agreement।
Description
A listing agreement is a contract that authorises a real estate broker to act on behalf of a property owner to find a buyer or tenant. It specifies the listing price, broker's commission, marketing plan, duration, and exclusivity terms. In Dubai, listing agreements are governed by RERA regulations and the broker must hold a valid RERA broker card.
Exclusive listing: One broker has the sole right to market the property; commission is typically 2% of sale price
Open listing: Multiple brokers can market the property; only the broker who brings the buyer earns commission
RERA requires all listing agreements to be registered in the Dubai REST app (formerly Trakheesi). Properties listed without proper RERA permits face fines, and advertisements must include the permit number.
How to interpret
An exclusive listing agreement typically results in more focused broker effort and better standard marketing, as the single broker has a guaranteed commission if the property sells within the agreement period. Open listings, where multiple brokers compete, can produce more inquiries but may result in less coordinated presentation and even conflicting information reaching buyers.
For investors managing multiple properties, establishing strong relationships with a small number of experienced RERA-licensed brokers is more effective than working with many brokers on an open listing basis. Consistent broker relationships build market knowledge and access to off-market opportunities.
दुबई मार्केट संदर्भ
All Dubai real estate listings must be registered in the Trakheesi system (now integrated into Dubai REST) with a valid broker permit number. Unlicensed listings and advertisements without a permit number violate RERA regulations and can result in fines for the broker and the property owner. Investors should verify that any broker they work with holds a valid RERA broker card.
Dubai's 2% sales commission is paid by the seller but is increasingly being negotiated, particularly for high-value transactions above AED 10M where the absolute commission amount is substantial. Exclusive listing agreements that provide meaningful marketing commitment in exchange for guaranteed commission are more common at the luxury end of the market.
Frequently asked questions
A contract between a property owner and a real estate broker authorising the broker to market and sell the property on the owner's behalf, specifying the listing price, commission, and duration.
A listing agreement is a contract that authorises a real estate broker to act on behalf of a property owner to find a buyer or tenant. It specifies the listing price, broker's commission, marketing plan, duration, and exclusivity terms.
An exclusive listing agreement typically results in more focused broker effort and better standard marketing, as the single broker has a guaranteed commission if the property sells within the agreement period. Open listings, where multiple brokers compete, can produce more inquiries but may result in less coordinated presentation and even conflicting information reaching buyers.
All Dubai real estate listings must be registered in the Trakheesi system (now integrated into Dubai REST) with a valid broker permit number. Unlicensed listings and advertisements without a permit number violate RERA regulations and can result in fines for the broker and the property owner.
Oliva feeds Listing Agreement into a proprietary 6-dimension score that rates eparticularly Dubai project on Financial Value, Market Dynamics, Location, Developer Trust, Risk, Macro Context, and Liquidity. This keeps comparisons consistent across hundreds of listings.
Exclusive listing: One broker has the sole right to market the property; commission is typically 2% of sale price Open listing: Multiple brokers can market the property; only the broker who brings the buyer earns commission RERA requires all listing agreements to be registered in the Dubai REST app (formerly Trakheesi). Properties listed without proper RERA permits face fines, and advertisements must include the permit number.
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This content is for educational purposes only and does not constitute investment, financial, legal, or tax advice. Yields, returns, and market data referenced are historical or estimated and are not guaranteed. Capital is at risk. Seek independent professional advice before making investment decisions. Oliva is a licensed Dubai real estate advisor (DLD Broker Card: 92025, RERA BRN: 1573501). Read our Key Risks Disclosure and Disclaimer.