Spring is a popular time to list homes for sale, as most families find it easier to move in the summer when school is not in session. The day – not just the season – you decide to list your home also matters. Yahoo! Finance says the best day to list a home for sale is Friday. We disagree only slightly. We recommend listing your home later in the day on Thursday.
A late Thursday listing is better than a Friday listing because when you list on Thursday, your home shows up in the MLS on Friday morning. It’s also emailed to Denver-area real estate agents overnight. When agents are notified about your listing on Friday morning, they can plan to come see it on Friday, Saturday or Sunday- the most popular days for buyers to look at homes. A late Thursday listing is the most beneficial for getting Friday and weekend home buyer traffic to your home.
Why day of the week matters
Homes listed for sale right before the weekend garnered 99.1% of the seller’s original asking price, according to research by U.S. real estate firm Redfin. Glenn Kelman, president and CEO of Redfin, says:
You get four times the traffic on the day of debut than any other time of the week, and you only get one chance. Soon, you’re yesterday’s news.
Listing a home late in the day on Thursday attracts the attention of buyers, who tend to do most home shopping on the weekends. Listing a home for sale on Thursday gets sellers the most bang for the buck, compared to any other day of the week.
Let Sunday be a day of rest
If late Thursday is the best day to list a home, what is the worst day? Homes listed on Sundays fared the worst in terms of home prices, selling for only 98.4% of asking price. Buyers probably won’t look at homes listed for Sunday for a few days, which makes a new listing seem stale very quickly.
Tuesday is also a good choice
If listing your home late on Thursday or early on Friday isn’t feasible, Tuesday is also a good choice of day to list a home. Buyers who like to plan ahead will see a Tuesday listing and add it to their to-do list. Tuesday listings attract the most home tours of any day, but not the highest asking price.
Contact us today for help in listing your home any day of the week! We will make sure your home sells for top dollar in Denver by using our expert knowledge of the real estate market.