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Is it illegal if both parties don't sign a multiple listing agreement?
Wiki User
∙ 10y ago
The parties would not have a legal contract. A multiple listing agreement is a contract. In order for a contract affecting real property to be enforceable, all the owners must sign it. If only one owner signs, the other party (the real estate agent) has no agreement with the other owner and the property cannot be listed, marketed, shown or sold.
Wiki User
∙ 10y ago
Wiki User
∙ 15y agoIt is a contract. There are costs involved. Both parties must sign the agreement to make it binding.
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