Deciding to buy a house is an exciting step that requires careful consideration and planning to ensure you get the best deal possible. One of those considerations you should discuss with your real estate agent is what time of day is the best to put in an offer on a home.
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You’re going to get a bunch of different answers depending on who you ask. However, conventional wisdom tells us that more people look at homes on Saturdays and Sundays. That means offers tend to come in by Sunday night when many people have enjoyed their weekend and are now focusing on the week ahead.
Quick Take: The Best Time of Day To Put In Your Offer
By Monday, most, if not all, of those offers have been presented to the sellers, which means Tuesday morning could be the best time to put in your offer. This may put yours at top of mind for the sellers to consider, but keep in mind this is a guideline, not a rule.
Does this mean you shouldn’t make an offer on a home on other days of the week? Of course not. In fact, if you find a home that checks every box you’re looking for, you should make an offer at that moment and not wait for an “ideal” time.
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The Worst Time To Make an Offer on a House
While it’s important to consider the best day and time to make an offer on a house, you should also consider the worst time.
Because most people look at homes on the weekend, avoid putting in an offer any time on a Friday. If your offer is below the asking price, the seller will likely give you a counteroffer and see what comes in over the weekend.
Is There a Good Month of the Year To Make an Offer?
You may also wonder if there are better months of the year to make an offer on a house. January and February tend to be slower for real estate, especially in the Northern half of the United States, where the weather is colder and snowy. This means supply and demand work a bit more in favor of the buyers.
Because most people try to avoid moving during the winter, the sellers might have a reason why they need to sell. This could make them more motivated to negotiate the price.
Final Take To GO
The bottom line is that if you’re looking for the best time of the week to put an offer on a house, Tuesday morning is a popular choice. However, if you find the home of your dreams, you shouldn’t feel like you need to wait to present your offer, especially if it’s in a real estate hot spot in which other bidders are eager to invest.
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This article originally appeared on GOBankingRates.com: The Best Time of Day To Put In an Offer on a House
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