More Fun With Days on Market
Yesterday evening I received a call from the offices of the Arizona Regional Multiple Listing Service about the listing I have for this property in Arizona Pinecrest. It seems that when I entered the listing about a month or so ago, the cumulative days on market did not carry over from previous listings.
When I entered the listing, I took the time to make sure everything had been entered correctly - the address, the street abbreviation, the tax parcel number. All were as they were supposed to be. Yet the Days on Market did not property reflect.
This isn’t an isolated occurrence by any stretch of the imagination. I’ve seen this on other properties, both that I have entered and that other agents have entered. I’ve seen some use of “copying” old listings, which makes it harder (but not impossible) to track the history of a listing through the archive report.
Why do I bring this up? Because for all of the discussion of the importance of Days on Market in a buyers’ decision-making process, for all the discussion of real estate agents intentionally circumventing the Days on Market filters, the local MLS software has a bug somewhere that doesn’t always correctly calculate the figure.
It’s only my two cents, but rather than focusing so much intention of the handful of agents who are attempting to game the system, shouldn’t we be trying to figure out why the system doesn’t always work?
Technorati tags: days on market, mls, phoenix real estate
Popularity: 14% [?]
[…] unknown wrote an interesting post today onHere’s a quick excerptBecause for all of the discussion of the importance of Days on Market in a buyers’ decision-making process, for all the discussion of real estate agents intentionally circumventing the Days on Market filters, the local MLS software has … […]