This post was edited on 5/20/2020: 90 was changed to 45 days. Prior to 6/4/2020, DOM resets only after 90 days.
Want to reset your Days on Market (DOM)? You’ll need to have some patience, as it takes 45 days for a listing in an Off-Market status to reset. An Off-Market status includes Closed, Temporarily Off-Market (TOM), Cancelled or Expired. On the 46th day you can relist the property and the new listing will reset to zero days on market.
Here are two scenarios that explain DOM reset in further detail.
- If the original listing agent relists the property less than 45 days from the previous listing’s Off Market Date, ADOM and CDOM will carry over to the new listing.
- If a different agent re-lists the property less than 45 days from the Off-Market Date and there is no change of procession, ADOM will reset to zero, but the CDOM will carry over to the new listing.
You can use TOM to wait out the 45 days (with the seller’s instructions only), but change it directly to Cancelled/Expired to relist with 0 days, changing it to Active then Cancelled will cause it not to reset.
Megan has been working in the real estate industry for over a decade. She specializes in helping new agents begin their journey. In her free time she enjoys reading, writing, dogs, and traveling.