Days on market is a public metric that directly shapes buyer psychology. As it accumulates, perceived value decays and leverage shifts entirely to the buyer. Buyers interpret high days on market as confirmation that something is wrong - either the price is disconnected or the property has hidden issues. This inevitably forces price reductions that push the final sale below actual fair market value.
⚠️ UNVERIFIED: No T1/T2 source located as of 2026-08-01.
From the seller playbook: Pricing Anchors and Perception Framing
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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