Everything you need to know about resetting the CDOM
By CREB®
If you’ve ever wondered how long a property must be off the market before the Cumulative Days on Market (CDOM) resets, here’s what you need to know.
To reset the CDOM, a property must remain off the market for at least 15 calendar days. On the 16th day, if the property is re-listed, the CDOM resets to zero.
The Days on Market (DOM) and CDOM counter begins on the day the listing is activated. Below is a timeline on how the DOM and CDOM are reset when a property is terminated or expired, and relisted under a new Exclusive Seller's Representation Agreement (ESRA):