Days on market Due diligence Real-estate owned Short sale 
HomeLight
MARCH 10, 2023
Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. When buying an REO ( real estate owned/lender-owned property ), the banks like to work with cash. That limits your risk and your days on market.
The Close
DECEMBER 29, 2022
Real Estate Referral Fees: How They Work & Best Practices. Days on market (DOM). As a seller’s agent, you’re counting the days a listing is on the market. Due diligence period. What if your clients are asking about their due diligence period? Real-estate owned (REO).
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