Bank Wants Listing Agreement

[Alex Locklear]

I'm working with a seller and her lender wants to see a copy of the listing agreement. At this point, there is no listing agreement.

How should I go about this? Should I find the realtor I'm going to use to list the property for me and have them sign a listing agreement with the seller for my offer price and then later change the listing price? Or should I have the listing agreement signed between me and the agent for my offer price?

Any help is appreciated!

[James Ward]

Send in a professional letter, with your company letterhead, stating that the property is not Listed on the MLS due to the fact:
1) The property is for sale by owner.
2) Why list a property when a creditable Buyer is already in place with an accepted contract by the Seller and Buyer.
3) Seller is very interested in saving the Lender money by not listing.
4) Seller feels they do not have the time to List, due to the property being in the foreclosure process and in the area the property is located, Listing takes a very long time to find a Buyer.

This should assist in explaining the situation.