What does “Withdrawn or Cancelled” mean in real estate? – David Reecher
When a homeowner contracts with an agent to sell a home, the listing agreement must include a set expiration date. A listing is marked as “withdrawn” or “cancelled” when the homeowners cancels the listing contract with her agent before the contract’s agreed-upon expiration date.
Withdrawn can also refer to a buyer withdrawing his or her offer to buy property, which the buyer is free to do until the seller accepts the offer.