Debbie Small Realtor® debbiesmall.net@gmail.com 727-599-4958 debbiesmall.net@gmail.com
Thursday, June 12, 2014
Home Buying:
Some of the terms and abbreviations used can be confusing. I was just recently about ADOM and CDOM.
ADOM means the Average Days on the Market that property was listed and CDOM means the cumulative Days on the Market that a property was on the market.
Example: A home was listed for 90 days and received no offers. The listing expired or the Seller removes the property from the market. Then the Seller re lists the property. The new listing will show the Average Days on the Market for the "run" as related to that particular listing period. However, the CDOM will report the cumulative days on the market counting the days listed not starting with the first day of listing regardless of the agent or brokerage offering the listing. This might read 2 days ADOM and 92 CDOM since the property was first listed.
I am always here to answer any real estate questions you may have. You can reach me at 727-599-4958 or email at debbiesmall.net@gmail.com my website is www.debbiesmall.net
Remember, "it's A SMALL World!" DebbieSmall, Realtor®
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