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Desmond has a signed listing agreement with his clients, the Harpers. In exchange for helping the Harpers list, market, and sell their home, the Harpers have agreed to pay Desmond a commission. What type of agreement do Desmond and the Harpers have

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A bilateral agreement is the type of agreement that Desmond and the Harpers had.

What is a bilateral agreement?

This refers to an agreement enforced by a negotiations between two parties that is established in writing and signed by representatives of the parties.

Hence, as Desmond has a signed listing agreement with his clients and Harpers have agreed to pay Desmond a commission, then, a bilateral agreement has occured.

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