Document background
The Listing Agreement serves as the foundational document for property marketing arrangements in Hong Kong's real estate market. It is used when a property owner wishes to engage a licensed estate agent to market their property for sale or lease. The agreement must comply with Hong Kong's Estate Agents Ordinance and related regulations, which mandate specific content and prescribed forms. A properly structured Listing Agreement includes essential elements such as property details, commission terms, marketing authority, and service obligations, while incorporating required consumer protections and disclosures. It can be either exclusive or non-exclusive, depending on whether the owner wishes to engage multiple agents. The document is particularly important in Hong Kong's dynamic property market, where clear terms and compliance with regulatory requirements are crucial for protecting all parties' interests.
