If the broker offers a contract that does not have an expiration date, the broker`s real estate license can be suspended or revoked in most states. There are four common types of offers: open offers, exclusive right to sell offers, exclusive agency entries and net offers. In addition, other terms that may appear in the agreement can be: a listing agreement is a document in which a real estate owner enters into a contract with a real estate agent to find a buyer for the owner`s property. The owner executes the listing contract in order to give a real estate agent the power to act as the owner`s broker when selling the owner`s property. However, the owner usually has to pay a commission to the real estate agent. The information agreement will also have certain guarantees from the owner, for example.B.