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Status Definitions - What is the Difference Between Withdrawn and Canceled?

Mar 17, 2023, 00:00 AM

Title : Status Definitions - What is the Difference Between Withdrawn and Canceled?

Withdrawn means that a Listing has been withdrawn (or is no longer Active), but it has a future Obligation Date. The Obligation Date must be on or before the Listing Expiration Date. The Expiration Date may first be Extended in order to enter an Obligation Date that is later than the original Expiration Date. Once a Listing is Withdrawn, the Listing status automatically shall be changed by the MLS to Expired once the Obligation Date passes. This is not an Active status. (103.8)

Canceled means that a Listing has been canceled with no future Obligation Date. This is the same as an unconditional release. This is not an Active status. (103.2)

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