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in todays video were going to talk about the cancellation of listing agreements and when do we use this form number one we use this form when we are going to change the status of our listing for example if our listing is over 30 days on the marketplace and we want to change the price what we can do is cancel our current listing agreement and have our clients resign a new listing agreement with a new price and therefore if we do this the listing on mls will reflect zero days in the marketplace therefore we are refreshing the listing another reason why we use this form is when our clients would like to be released with our listing current listing agreements and if we give them a cancellation of listing agreement this will give the our clients or our former clients the power to work with any real estate agent that they wish the following day with the exception that the whole over clause will still kick in for example if we had this property marketed for a period of time and we had a buy