iBuyers have the right to require a signed listing agreement before they will submit an offer to an agent. Each iBuyer has different requirements and they may change at any time. Agents may receive a request to provide a listing agreement directly from the iBuyer on a case per case basis.
There are several reasons an iBuyer may require a listing agreement, including but not limited to, the following...
Confirm the agent has the right to solicit offers on the property.
Confirm the agent is getting paid by the seller.
Confirm there is no referral fee being offered by the iBuyer.
Other reasons per iBuyer
To help seller's in a situation where they want an agent to manage this process, you should use a listing agreement that complies with your broker and state regulations.