Which of the following is a primary issue to address within a listing agreement?

The primary issue to address within a listing agreement is the terms of payment. A listing agreement serves as a formal contract between a real estate agent and a property owner, detailing the responsibilities of both parties in the sale of a property. The terms of payment establish how the agent will be compensated for their services, including the commission rate, payment structure, and any conditions related to payment upon a successful sale. This aspect is crucial as it directly affects the financial arrangement and expectations between the seller and the agent.

While specific buyer information, market conditions, and real estate taxes are important considerations in the broader context of selling a property, they do not fall within the core framework of the listing agreement. Specific buyer information pertains more to marketing strategies, market conditions address broader economic factors affecting the sale, and real estate taxes are related to the financial obligations of the property owner rather than the terms by which the agent is paid. Thus, the clear focus on establishing terms of payment within the listing agreement signifies its importance in ensuring a mutually understood and executed business relationship.