on their affiliation with the REIC, because the National Association of Realtors (NAR) economists were caught giving incorrect predictions about the state of the housing market despite what was actually happening in many U.S cities. Manipulating DOMP To prop up rapidly falling sales, real estate agents across the country began to rely on the process of manipulating the amount of time that homes had been on the market more than ever to attract buyers and maintain sales prices. There were great disparities concerning the practice in the various regional MLS's across the country. Some MLS's charged real estate agents to alter the statistics, and referred to the practice as "refreshing a listing." In general however, the old guard of the real estate industry considered the practice as deceptive at best, and fraudulent at worst. Rumors of possible lawsuits circulated in the industry because homes that had been on the market for long periods of time were considered to be overpriced and thus not worth their advertised sales prices. The practice also stood in dark contrast to the National Association of Realtor's Code of Ethics that prohibits doing anything that is deceptive to buyers. Sometimes a property might be 83 days with one Realtor, and then 10 days with another. That would show up as: DOMP/DOMM= 93/10. Some realtors will try to fudge this data to make a listing look brand new. Current use This business practice is still being carried out by the REIC and is a point of contention with bloggers calling it "deceptive". Others maintain it is a way to acquire the attention of new customers, akin to a store moving its inventory from one location to another. MLS information like days on the market, the selling price and who were the buying agents or buyers is not available in Canada to any-one but REALTORSr. References Real estate terminology