How Long After the Holidays to Re-List? With the holidays now past, many would-be home sellers whose properties have been off the market since Thanksgiving (or thereabouts) are asking their Realtors whether it’s time to go back on. The case for doing it this week: it’s easier to stand out from the crowd during an otherwise slow...Read More
Sellers who want their homes off the market over the holidays can elect to switch their status to “TNAS,” for “Temporarily Not Available for Showing.” Normally, that serves to put the kibosh on showing requests. However, in the case of my listing overlooking Lake Calhoun, it seems to have had the opposite effect: in the...Read More
Parsing MLS Lingo One of the more confusing concepts on MLS is “Days on Market” vs. “CDOM” (Cumulative Days on Market) vs. “History.” Initially, it’s pretty straightforward: after 30 days on the market, a given listing’s “Days on Market” is . . . surprise! . . . 30; CDOM is 30; and “History” shows one...Read More
“Temporarily Not Available For Buying” (TNAB)* “The right house at the wrong time . . . is the wrong house.” –Ross Kaplan One of the things that can happen working with Buyers is that . . . life intervenes. A work crisis pops up out of nowhere, an unexpected health issue temporarily lays someone up, etc. When...Read More
No Showings = 0% Chance of Selling Home Sellers who don’t want to accommodate showings over the holidays — or any other time that’s inconvenient — can elect to switch their home’s status to “TNAS,” or “Temporarily Not Available for Showing.” While the “For Sale” sign in front will typically stay put, the home no...Read More
Is Six Months “Temporary”? I tripped across this Minnetonka home in the course of doing a CMA (“Comparative Market Analysis”) for an upcoming listing. Originally listed on June 28 last Summer, it was switched to “TNAS” (“Temporarily Not Available for Showing”) five days later — and has remained there ever since. Maybe that should now...Read More
