I must agree with Dan. Any commercial broker will tell you (or maybe they won't if they are less than ethical);) that without a executed listing agreement they won't spend much time, if any, marketing an owner's property. Signs, flyers, email blasts, open houses, etc. all of these marketing tools can be fairly expensive; without a guarantee that they will be paid if they procure a deal, it doesn't make sense to spend any time marketing the property. A listing agreement will better ensure that an owner has a dedicated broker representing them.
Sep 15, 2009