What does the term 'listing' refer to in real estate?

In real estate, the term 'listing' specifically refers to a property that is available for sale. When a homeowner decides to sell their property, they often enlist the services of a real estate agent who will create a listing to market the property to potential buyers. This listing includes important details about the property such as its price, features, and location. It serves as a formal invitation for buyers to consider purchasing the home, making it a crucial component of the sales process.

The other options do not accurately reflect the definition of 'listing.' A buyer's initial offer pertains to the actions of buyers during a transaction rather than the property itself. Financing options are related to how buyers can fund their purchases, while a contract signing event describes a moment in the transaction process rather than the property’s availability for sale. Thus, referring to a property that is for sale captures the essence of what a 'listing' is in the realm of real estate.