When selling or leasing property in Saskatchewan, situations may arise where you need to stop marketing your property or completely end your brokerage agreement. The Saskatchewan REALTORS® Association’s Withdrawal or Cancellation of a Seller’s/Landlord’s Brokerage Contract form (Form 902) outlines two key options: Withdrawal and Cancellation.
Understanding these options ensures you protect your rights while meeting your contractual obligations.
Option A – Withdrawal
Withdrawal means marketing activities for your property stop immediately, but your listing agreement remains in place until it naturally expires or is formally cancelled. This may be the right choice if you plan to resume selling or leasing later but want to pause marketing for now.
Key conditions of Withdrawal:
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The brokerage halts all marketing efforts.
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Commission remains payable if a buyer/tenant you interacted with during the contract period purchases or leases the property within 180 days of contract expiry.
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You must confirm there are no active negotiations for the property.
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This does not end the listing agreement — you remain bound by its terms.
Option B – Cancellation
Cancellation permanently ends the listing agreement and releases both parties from most obligations under the original contract.
Key conditions of Cancellation:
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Commission may still be due if the property is sold to someone introduced before cancellation.
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This right is waived if you list with another brokerage.
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The listing agreement is fully terminated.
Why This Matters
Choosing between withdrawal and cancellation impacts your ability to re-list, your financial obligations, and the legal standing of your property’s marketing.
Consult your REALTOR® before deciding — they can guide you on the right choice for your goals and circumstances.
12 Key Bullet Points
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Two Main Options – Withdrawal (pause marketing) or Cancellation (end contract).
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Withdrawal Keeps Contract Active – Your agreement remains binding until expiry.
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Cancellation Ends the Agreement – No further obligation to the brokerage except certain commission rights.
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Commission Protection – Brokerages may still be owed commission in specific cases after withdrawal or cancellation.
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180-Day Rule – Commission may be payable if a past contact buys within 180 days post-expiry.
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Active Negotiations Must End – Withdrawal requires no ongoing deals in progress.
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Relisting with Another Brokerage – Can waive commission protection rights in some cases.
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MLS® and Marketing Cease – Withdrawal stops advertising immediately.
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Written Agreement Required – Changes must be in writing via Form 902.
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Protects Both Parties – Ensures clarity on rights and obligations.
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Applies to Sales and Leases – Covers both residential and commercial listings.
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Seek REALTOR® Advice – Professional guidance prevents costly mistakes.
FAQs
What is the difference between withdrawal and cancellation of a brokerage contract?
Withdrawal pauses marketing but keeps the listing agreement active until it expires. Cancellation ends the contract entirely.
Do I still owe commission after withdrawing or cancelling?
Yes, commission may still be owed if a buyer or tenant introduced during the contract purchases or leases within the protection period.
Can I relist with another brokerage after cancelling?
Yes, and in many cases this will waive the original brokerage's commission rights on future sales.
Why should I talk to my REALTOR® before deciding?
A REALTOR® can explain your rights, obligations, and the best choice for your situation, preventing legal and financial issues.
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