DOM – What It Is, Why It’s Important & How It Affects Your Sayreville & Piscataway NJ Home for Sale
By Freddie Moorer
(Weichert Realtors)
Oh, the dreaded/happy DOM question. "How long has this house been up for sale?" If it's your Sayreville & Piscataway NJ home for sale we're talking about, you're probably wondering about the split "dreaded/happy" bit. For that matter, whether you're a buyer or a seller, you're probably asking, "what the heck is ‘DOM'?" Days On Market "DOM" is the shortened industry term for Days on Market, used by the multiple listing services (MLS). It's exactly what it sounds like: the number of days your Sayreville & Piscataway NJ home for sale has been on the market. This metric covers the time it actually goes on sale to the time the deal is closed. Why Is DOM Important? Remember the "dreaded/happy" part at the beginning of this article? As a buyer's agent, I might gleefully answer, "Fifty days...
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