To better address the needs of the market and more accurately capture the time a listing is actively marketed in Bright, we are making the following changes in the way DOM/CDOM is calculated in Bright.

Here are those changes, which we expect to go live this week:

  • DOM will start at 1 when a new listing is published to Active in Bright.  This worked a little differently depending where you worked in Bright. Now it will be consistent throughout.
  • DOM/CDOM will pause in the Active Under Contract status
  • DOM/CDOM will reset, when a listing is in the Withdrawn status for 61 or more days, and a new listing is entered, as long as no other listings for the same property have been created.

The marketing team produced a video, as well as images, talking points and additional resources to help explain the changes. Access all of the available information here.