The National Association of Realtors says that the best day to put your house on the market is a Thursday. (We’ve already made a video about that, so check it out here.) We’ll take a week or so to get your home staged, take professional photos, then usually put it on the market on a Thursday to net you the most money.
Don’t worry if you didn’t get an offer after your first day on the market or even that first weekend. Don’t stress about it because there’s a slew of competition out there. What often happens is a buyer will make an offer, and the seller’s agent says they’ll make a decision on Sunday, for example. They collect multiple offers, everyone waits, and when they decide, there are a lot of buyers who didn’t win that home. They’re unhappy and have now spent precious time waiting to hear about a home they didn’t get.
“Sometimes being the second choice makes you a little more money.”
Whenever we have a buyer in that position, we look into the house they liked second best and call them about it on what we like to call “Bridesmaid Monday.” If your home didn’t sell over the weekend, maybe it was someone’s second choice, but that’s fine because we just want to sell your house for the most amount of money. Sometimes being the second choice makes you a little more money because buyers are so upset they missed out on another house that they’ll go all-in for the next one and are frequently much easier to work with.
We’ve noticed a major increase in listings that go under contract on Mondays. Quite a few of our recent offers have been accepted on that day.
If you have questions about this strategy or real estate in general, call or email us. We would love to help you.