The metrics known as Days on Market (DOM) and its popular relative, Cumulative Days on Market (CDOM), vary between MLSs, so be sure to check your local organization for exact methodology.
Months Supply of Inventory (MSI) is a calculation that quantifies the relationship between supply and demand in a housing market. If new homes stopped entering the market, how many months would it take to burn through all of the homes currently available for sale? MSI answers this question.
The ShowingTime Showing Index™ is a residential real estate metric that measures consumer demand. Here’s more background on the report and an example of how to use its data.
Owner/broker Tara McClintock said she regrets taking so long to subscribe to the ShowingTime Appointment Center.
You sold your listing and the seller was so impressed with your work they gave you a glowing testimonial. Congratulations! But how can you turn one client’s kind words into more clients and more business?