Industry Updates January 9, 2023

The Best Day to List Your Home

“The Best Day to List Your Home for a Quick and Successful Sale: A Comprehensive Guide”

The Best Day to List Your Home for a Quick and Successful Sale: A Comprehensive Guide

The Best Day to List Your Home: Thursday

Do you want to sell your house fast and for the best price? If so, you might be wondering which day is best for you. A study analyzed 100,000 homes sold in 2017 and found that Thursday’s the best day to list your home if you want to sell fast. On the other hand, there are better days to attract buyers than Sundays.

Wednesday’s Higher Sale Price

The study looked at homes listed on different weekdays. Houses listed on Wednesday sold for $2,023 more than houses listed on Sunday. For a $500,000 house, that’s $2,650 more. Besides a higher sale price, homes listed on Thursday had buyers five days faster than the baseline and sold within 90 and 180 days more than the baseline.

Wednesday’s sale price needs to be clarified why, but buyers’ schedules may coincide with the advantages of listing on Wednesday and Thursday. If you list Wednesdays, there’s a sweet spot for generating the most urgency and competition among buyers in a fast-paced, low-inventory market. Agents who list on Wednesdays are better at pricing their homes for the best price.

The Importance of Being a Fresh Listing

If you want to take advantage of this, you should list your house Wednesday or Thursday, so it’s one of the first listings buyers see over the weekend, says Redfin Denver agent Karla Kirkpatrick-Adams. In competitive markets like Denver, many houses are listed on Wednesday and Thursday, with the expectation that buyers will view them over the weekend, submit offers by Monday afternoon, and the house will be under contract by Tuesday.

Don’t Forget Regional Customs

The broker’s open house is usually held on weekdays. An agent’s open house is an open house for agents. Agents may go to a series of brokers’ open houses on Tuesday to show buyers all the new houses in town. You should talk to your agent about the best listing day for your situation and local market norms. Regional customs can also play a big role.

The Importance of Timing for a Strong Online Debut

When it comes to making a positive online debut, timing is key. When you put your house on the market, you get five times more traffic than if you put it on the market a week later. You should price it at market value or below to attract buyers immediately. Well-priced homes get a lot of offers and get bid up. Overvalued homes sit on the market for a long time.

Professional Photography Can Help Sell Your Home for More Money

On average, sellers who used a high-quality camera for their listing photos sold their homes for $3,400 more than those who didn’t.

In order to sell your home fast and for a good price, you should list it on Thursday. Make a positive online debut by pricing it at market value or below. Using professional photography will make your home sell faster and for more money.

Conclusion: Get Expert Guidance on the Best Day to List Your Home

You can ask a trusted realtor the best day to put your home on the market if you’re ready to list it. With their expertise and insight, you’ll know that you’re making the best decision to sell your home fast and for the best price.

  1. “Why Professional Photography is Worth the Investment for Home Sellers” – 
  2. “10 Tips for Pricing Your Home to Sell” – 
  3. “The Importance of a Strong Online Presence for Your Home Sale” – 

 

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