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days on market: Days On Market: Stale Fish or Red Herring? - 01/08/07 11:55 AM
One of the ways I can tell how educated a buyer is about home buying is by the questions they ask. One I get a lot at open houses is ” How many days has this been on market?”
Is it a valid measure of anything? Carol Lloyd, in the Chronicle’s “Surreal Estate” column, has a lot to say this week about it, noting that many agents re-list properties under new listing numbers, which changes the days on market to zero. She compares it re-selling "stale fish" and to re-setting the odometer on a car to enhance value. Big disagreement there: … (4 comments)

 

Bob Ravasio

Corte Madera, CA

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Frank Howard Allen

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