An agreement whereby an owner hires a broker to sell real property is known as a power of attorney.

Name: An agreement whereby an owner hires a broker to sell real property is known as a power of attorney.
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An agreement whereby an owner hires a broker to sell real property is known as a listing agreement, not a power of attorney. A power of attorney is a legal document authorizing someone to act on behalf of another person in legal or financial matters.

An Agreement Whereby an Owner Hires a Broker to Sell