According to Nebraska license law, which of the following must be included in listing agreements?

In Nebraska, listing agreements must clearly state essential terms of the agreement to ensure transparency and clarity between the parties involved. The inclusion of the listing price and commission rate is critical, as these details outline the financial aspects of the agreement. The listing price indicates how much the property will be marketed for, while the commission rate specifies the compensation the real estate agent or broker will receive upon a successful sale.

Including these details helps protect both the seller and the agent by defining expectations right from the outset. It ensures both parties are aware of what is being agreed upon and avoids potential disputes regarding financial arrangements later on.

In contrast, while real estate taxes and property age might be relevant during a transaction or as part of the property’s overall assessment, they are not required elements in the listing agreement itself. Personal finance history of the seller is not pertinent information needed in a listing agreement and would not be included to protect the seller's privacy and confidentiality.