what is being manipulated is the Days on Market statistics. Now if Realtors DO NOT use the DOM as an assessment of market health, then this would be a non-issue. However, the great majority of them do. You see it in almost every newspaper article: “DOM remains stable,” “there’s only a slight increase in DOM from 42 to 45 days.” it isn’t as if these Realtors quoting these numbers don’t know how common the practice of relisting is.
one example of a realtor that toss out the DOM as a market indicator is Jim the Realtor from Carlsbad.
But that’s only one realtor out of many! So as long as the majority of the realtors out there still use DOM as an indicator that everything is ok, any re-listing is market manipulation.
