Which party must sign a listing agreement according to Nebraska state law?

In Nebraska, state law requires that all sellers involved in a transaction must sign a listing agreement. This ensures that all parties who have an ownership interest in the property are in agreement regarding the terms of the sale, such as the listing price, duration, and any specific conditions that may apply. The signature of all sellers provides legal affirmation that they consent to the terms being outlined, which is crucial in avoiding future disputes or misunderstandings related to the sale.

Having all sellers sign the agreement also serves to safeguard the interests of the broker, ensuring that they are authorized to act on behalf of all owners when marketing the property and negotiating with potential buyers. It aligns with the principle of shared ownership and decision-making, which is fundamental in real estate transactions, particularly when multiple individuals own the property.

Each seller's signature creates a clear and enforceable contract, protecting the rights of those involved and facilitating a smoother transaction process. In cases where only one seller signs, it could lead to complications if the other owners do not agree with the terms or later contest the authority of the signed individual to represent the property.