When is the best time to put a house up for sale?

[Dimaeiya333]

For any real estate agent, time is money and money is time. So every move they make must be perfectly timed to achieve an optimal result.

It is vital for real estate agents to know the best day and time to list a home for sale. Over the past three to four decades, the world as we know it has changed dramatically. And this applies to all industries, including real estate. According to a report by the National Association of Realtors (NAR), 44% of home buyers first search for properties online . If we go back a few decades, people were searching for properties in newspapers!

But even then, real estate agents needed to know when and where buyers were looking in order to find the best time to list a home. According to several sources, including NAR , CNBC , and Redfin , the best day to list a home is Thursday, and the best time to do so is around 5 p.m.

But to take advantage of this data, real estate agents need to know who the potential buyer is and why they are searching at certain times.

Why is Thursday the best day to list a house?
Sources suggest that the best time to list a house is at 5pm as that is the time that most home buyers get home from work and Thursdays because that's when they start planning their weekend.
What is the best time to list a house? Thursday at 5:00 p.m. is the best time to list a house.
Over 90% of real estate agencies worldwide have a website, and the most prominent feature on all of these websites is property listings. According to NAR, the typical homebuyer uses a mobile device to research properties online as the first step in the homebuying process. Let’s dig a little deeper into the homebuyer profile before we understand when and why they search for homes at specific times.

Nearly 50% of home buyers are between the ages of 29 and 53. And of this group of buyers, 98% searched for a home through a website as the first step in their buying process. With a basic understanding or profile of our home buyer, let's now look at some behavioral patterns to understand why Thursdays at 5pm may be the best time to list a home. The theory is that most people visit properties during the weekend.

And many people start planning their weekend on a Thursday. A recent Redfin study shows that a home gets five times more showings on the first day it's listed than on subsequent days.

Why is 5pm the best time to list a house?
Estate agents can take advantage of this to get the most views fo chief vp compliance email database r their properties by listing them on a Thursday. But why is 5pm the best time to put a house on the market?

People don't start planning their weekends while they're at work, so wait until they get home to post your ad. The more recent your ad is when buyers start looking for a home, the more views it will get.

‍

People start planning their weekend usually on Thursdays after they get home from work. So, Thursdays at 5pm would be the best time to get ready a house.
What is the best time to put a house on the market? Thursday is the best day to put a house on the market
In fact, the best time has changed dramatically over the past few decades. Before the Internet, real estate agents advertised most new listings in Sunday papers. But that pattern has been reversed in the modern era, and Sunday has become the worst day of the week to list a home. Why? Because on Sundays, people are wrapping up their weekend plans and getting ready for the week ahead. So they won't be looking at more listings until later in the following week.

Wednesdays are a toss-up when it comes to the best day to list a home. Redfin shows that to sell for more money, you should list your home on a Wednesday. Since Thursday is the best day to list a home, competition is much lower on Wednesdays. Redfin's report also suggests that homes listed on Wednesdays had a $2,023 sales price advantage over those listed on Sundays.