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):

This timeline remains applicable regardless of whether the property is relisted by the same listing agent/brokerage, or by different ones. The CDOM is based on the number of days a property has been on the market. Changes in the listing agent/brokerage do not affect the CDOM.

MATRIX™ provides an overview of the system and can be used as a reference for anyone wanting to learn more. Users can register for upcoming courses on a date that suits them. 

If you have additional practice questions or require support, contact the Member Practice team at crebmp@creb.ca, call 403-781-1336, or text 587-848-3241.