Under which circumstance would a listing contract be deemed invalid according to the Real Estate Agents Act?

A listing contract must be in writing and signed by both the seller and the agent to be considered valid under the Real Estate Agents Act. This requirement ensures that there is a clear and legally binding agreement between the parties, allowing for proper enforcement of the terms outlined in the contract. The oral agreements are typically not actionable in real estate transactions because they lack the necessary documentation to prove the terms and conditions agreed upon. Ensuring that the contract is in writing also protects both parties by providing a record of the agreement, which is essential in resolving any disputes that may arise.

Other factors, such as whether it is signed only by the seller or if the property is not yet listed, do not directly relate to the contract's validity in the same legal sense. Additionally, the requirement for publication in a local newspaper is not a standard requirement for the validity of a listing contract under the Real Estate Agents Act.