Seller Agency is a term used in the context of the relationship between the real estate agent and the Seller (or property owner) in the brokerage of homes, Seller Agency describes, in broad terms, the relationship between the Seller and the "Listing Agent". The Listing Agent and the Seller enter a written contact (the "Exclusive Listing Agreement") under which such particulars as home price, duration of agreement, commission, rights & obligations, duties, etc. are specified