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Does Days on Market (DOM) Matter in Real Estate

Realty Biz

Days on Market, also known as DOM, is a widespread commercial term, which applies to all markets and products, be it a cake, a pair of shoes, or a real estate item. This concept has everything to do with the idea of “freshness” or actuality that any type of product has on a specific market. DOM on The Real Estate Market.

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Here’s the key to being an empowered real estate professional in 2022

Housing Wire

What matters for your market (wherever you are) is what patterns are developing near you. new listings, sold listings, days on market, off-market listings?—?will the trends and patterns that are unique to your market and will allow you to?identify?any up-to-date, reliable data comes directly from your MLS.

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More MLS Musings!

Toronto Realty Blog

And other than a “Photos of the Week” in November and an “MLS Exaggerations” in October, we really, truly haven’t run More MLS Musings since September. Should we look at MLS photos or should we roll with the descriptions? The post More MLS Musings! I don’t even know where to start!

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

Competition is lower for a home, and the number of days on market increases for listings. A buyer’s market can be determined by calculating the months of inventory. Anything more than six months is traditionally considered a buyer’s market. Traditionally, the number of days on market is low.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in. Understanding Real Estate Market Cycles. 8 Stages of Real Estate Market Cycles. Real estate markets are cyclical. Stage 1: The Turn.

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20 Mind-blowing AI Tools Helping Real Estate Agents Slay

The Close

But AI is bringing virtual staging into a new era. I selected Style to Design as our top virtual staging provider because of its bells and whistles. New design boards are released weekly, ensuring staged properties are fresh and current. Style to Design also offers marketing materials for social media and listing presentations.

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Tips and Strategies For a Successful Spring Home Sale

Realty Biz

Stage your home to showcase its best features and create an inviting atmosphere for potential buyers. Remember: Professional staging and photography help create authentic first impressions during open houses or showcase viewings. Factors that affect the spring real estate market include location, mortgage rates, and inventory.

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