A __________ is an employment agreement between the seller and the broker.

A listing agreement is a legally binding contract between a seller and a broker that establishes the rights and responsibilities of each party in the sale of real estate. This agreement allows the broker to market the property, negotiate offers, and ultimately assist in the sale of the property on behalf of the seller. In a listing agreement, the seller provides the broker with authority to act as their representative, and this often includes details such as the sales price, commission rate, duration of the agreement, and other terms related to the sale.

In contrast, a multiple listing service is a database of listings maintained by real estate professionals; a lease agreement pertains to the renting of property rather than selling; and a lease purchase agreement combines elements of both leasing and purchasing, allowing a tenant to lease a property with the option to buy it later. These options do not represent the specific relationship established between a seller and a broker in a real estate transaction, which is why they do not fit the description provided.