I would not get too hung up on whether your property is 1 or 3 days on the market at the time of a first Open House. Days on the market has a drag effect in a declining market as it builds, but that is not an issue in the first few weeks.
What I think is more relevent is your readiness - let me be more clear. When I load a listing into the MLS, I am ready, with details AND photos. Loading the skeleton of a listing in is a blunder in my view because you miss the opportunity to have a big impact with folks set up on auto email services. New listings will feed out to them automatically in the night, and so they will see the skeleton listing rather than the robust listing with photos....opportunity missed.
Another consideration is to get your listing in early in a day so that it hits the MLS "hot sheets" during the agents work day - agents tend to look at the beginning of their day and periodically throughout.
So be ready, load in a robust listing WITH photos - quality and quantity count - and try to get your listing in as early in the day as possible.
Unwavering Commitment to Service
I would actually want to expand a little on my answer to your comment.
1. Your count is a little off - I have asked 7 questions so far not 14.
2. Is there a limit on Trulia on how many questions you can ask? (That would be my 8th)
3. My questions are not directed stricty to agents.
4. Most questions I ask are to confirm my understanding of the process. I am not new to
real estate. I bought twice without realtors and am also an investor.
5. Answering my questions is completely optional
6. I do understand the value of having an agent. However, I would consider working with the agent
on helping me with investment properties in the future.
7. I think home owners should be asking lots of questions regardless of the decision to go FSBO or hire an agent.
Everybody should simply understand the process. If you don't understand the process - then you will
a. not know if you need a help of a realtor
b. not know how to compare realtors
c. not know if you are on the right track in the process
8. As far as my question about MLS I do have my own opinion and will list when I am ready.
However, I was interested to hear other opinions in the Trulia community.
Thanks to all who have participated in the discussions I started.
Monday is the beginning of the week when people sit down to read any new properites via email.
Also it gives realtors a full week to notify buyers of the open house and to circulate on the internet.
You've asked 14 questions regarding selling your home - since you are already promoting/selling your home as a FSBO....isn't it nice to see that agents are so willing to help?
Since you are now questioning timing the listing on the MLS, have you decided to list it, or are you still just curious as to how 'we" (as agents) would handle a listing?
The day your home is on the market is the best day to post the listing. The highest number of views occurs on most websites are Friday-Monday. Also, every situation is different. Who are you trying to reach? I use google.com and several other search engines, each demographic profile uses the internet at different times of the day. You can tailor an ad to do this. Do you have an agent or are you going it alone? If you are going it alone, I don't necessarily agree with you on this decision, but will help you in the best way I can.
As you can see there are many strategies. All have merit. Best thing is to get it on as soon as it is ready to show. You never know when THE buyer will be ready to view your property. Just make sure you are ready to show. Happy selling!
Hope that helps,
Wolfson Cutler Real Estate