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In this video, the distinction between "cancelled" and "withdrawn" property listings is explained. A cancelled listing indicates that the listing agreement has been completely terminated by mutual consent between the seller and the listing broker, signaling that the selling process is fully concluded. In contrast, a withdrawn listing suggests that the marketing and showing of the property have ceased, but some unresolved issues still exist—such as disputes over financial obligations—meaning that the listing is not fully closed. This clarification is important for understanding the status of property listings in real estate transactions.
