PRDS has recently released its Listing Agreement Amendment form ("LAA"). The short answer is no.Speak to the agents broker and ask for a release since the property is not active on the market. Be sure to include your property address, the date, and a clear statement that you're terminating the agreement. 1) According to HomeGuides. Com, there may be verbiage in your contract that will allow you to cancel a listing agreement with a broker. A listing agreement explains the relationship between the home seller and their agent in detail. Here's what you need to look for. A listing agreement is a legally binding contract between the seller (you) and the real estate brokerage that helps you sell your home. Reread the listing contract that you signed with your agent.