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IT is not common to see BOM being used in real estate financing, it is a commonly used abbreviation for "Back On Market." This could be because the financing fell through, causing the seller to put it back on the market.

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12y ago

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What does bom mean in real estate?

The term "Back On Market" (BOM) is used in the real estate sector. It indicates that a property that was once under contract is now available once more, frequently as a result of financing problems, buyer withdrawals, or unsuccessful inspections. Before making an offer, buyers should inquire as to why the sale did not go through, but they should also move swiftly.


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