What document must be signed by the seller and broker in Pennsylvania before the broker can market the property?

In Pennsylvania, the document that must be signed by the seller and the broker before the broker can market the property is the listing agreement. This agreement outlines the terms of the relationship between the seller and the broker, including the listing price, duration of the agreement, and the broker's duties in marketing the property.

This formal contract is critical because it gives the broker the authority to act on behalf of the seller in real estate transactions, enabling them to present the property to potential buyers and negotiate offers. The listing agreement also provides a clear framework regarding commission and conditions under which the property will be showcased, ensuring that both parties are aligned on expectations and responsibilities throughout the selling process.

Other documents mentioned do not fulfill this specific purpose. A purchase agreement is only used once a buyer has been found and a deal has been negotiated. A lease agreement is relevant for rental properties rather than sales. A buyer's agent contract pertains to the relationship between a buyer and their agent, which is separate from the seller-broker relationship required for listing and marketing a property.