When Selling Your Home Be Aware Of Days On The Market
The MLS utilizes two numbers to represent the DOM - known as the current vs
. the cumulative - that shows at a glance the whole history of any property's listing. This system helps establish if a seller has switched realtor after the property has sat too long on the market, so the current number determines how long the new realtor has been dealing with the home and the total number keeps count of how many days total it has been listed. The rollback of the current number is also utilized to highlight events like the home being removed from the market for monetary reasons, price discussions or simply as an attempt by the seller to hold off for a more favorable buyer's market.
When Selling Your Home Be Aware Of Days On The Market