What must a seller provide to the listing broker to initiate a property sale?

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To initiate a property sale, a seller must provide a listing agreement to the listing broker. This document is crucial as it establishes the legal relationship between the seller and the broker and outlines the terms under which the broker will represent the seller in the sale of the property. The listing agreement typically includes details such as the listing price, the duration of the agreement, and the broker’s commission structure.

A mortgage pre-approval may be important for buyers but is not a requirement for initiating a sale from the seller's perspective. Similarly, a lease agreement is related to rental situations and is not applicable to the sale process unless the property is being sold with tenants in place. A property appraisal, while useful for determining market value, is not a document needed to start the listing process with a broker. It may come into play later in the sale process but is not essential at the outset.

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