Study Finds Best Listing Day

By
Real Estate Agent with Darren James Real Estate Experts, LLC

The Best Day for Listing Your Louisiana Home is…

Mansion” is the Wall Street Journal’s entry into the high-end real estate magazine world. Well, not quite a magazine -- it’s an extra section they run on Fridays. It’s a nice diversion for those who want to read about really rich people selling their properties. More than that, it could actually be an important source of information if you decide to buy a vineyard in the middle of Los Angeles (Bel-Air, actually -- that one was featured last week). 

It was another article that caught my eye on Friday, though; one that dealt with a topic we agents have long debated. The article was headlined “THE BEST DAY TO LIST A HOME IS…”.  It summarized an elaborately executed study by a national brokerage revealing hard statistics on which day of the week is best for launching your Louisiana listing. The author, Sanette Tanaka, brought up several ways to look at the question. While her focus was, of course, national, the unspoken allure was to zero in on which day will maximize our Louisiana listing results.

 I bet you want to know the answer, so here it is: …(drum roll, please) --

Friday. Houses listed on Friday spent the fewest days on market (2 fewer than Thursday, 7 fewer than the most ho-hum day for listing, Sunday).

But, reading further, there is a problem. Listing on Tuesday brought in the most requests for house tours -- by 8 thousandths of one percent over Thursday. For drawing house tours, Friday faded into the pack…

All of which points to something experienced Louisiana agents already know: statistics are helpful, but not to the point where they detract from getting the job done.  The best day to publish a Louiaiana listing is as soon as it’s ready – the instant it’s ready! Buyers are constantly combing the listings, and the ideal prospect may be long gone if we hold off for any reason. 

If you are ready to sell your home, let's get your Louisiana listing ready to go now!

 

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Topic:
Home Selling
Location:
Louisiana
Tags:
louisiana listing

Comments 41 New Comment

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Rainmaker
293,397
Nina Hollander
Your Charlotte/Waxhaw/Fort Mill Area Realtor
RE/MAX Executive Realty/Charlotte, NC

There's an exception for every rule! Recently I listed a property at 3:30pm on a Saturday and had it in contract by 1pm on Monday! I prefer to list Wednesdays or Thursdays to get the listing to "percolate" for the weekend, but in the end, it's hard to say that a specific day always does the trick.

February 12, 2013 01:31 PM
Rainmaker
261,060
Paddy Deighan JD PhD
Paddy Deighan J.D. Ph.D

very interesting...Friday was my guess!!!  I see that many commentators suggested that this is not as valuable as others but hey, it is hard to argue with results!!

February 12, 2013 09:22 PM
Ambassador
1,518,686
Christine Donovan
Broker/Attorney 800-610-7253 DRE01267479 - Costa M
Donovan Blatt Realty

Darren - As soon as it's ready makes sense to me as a good time to list the home.

February 12, 2013 10:23 PM
Rainmaker
751,379
Marte Cliff
your real estate writer
Marte Cliff Copywriting

I'm not an agent any more - but in reading this I was thinking how fun it would have been to work in a market where selling 2 days sooner was worth thinking about. 2 months sooner - now that would have been exciting! (Yes, I let my license go just before the boom hit.)

February 13, 2013 12:10 AM
Rainmaker
75,920
Tom Esposito
Alpharetta Home Solutions

I've heard that Friday is the best day to list but never tried it.  Usually the day the listing is taken is the day I list it.  But I'm going to try it out.  next Friday I'm listing a short sale.  Seller needs a few days to clean out the clutter.  But next Friday I'll put it in the MLS and see what happens.  Hope it works like you say it does. 

February 14, 2013 12:35 PM
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Darren James

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