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Paul S. Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker! (Fathom Realty Washington LLC)

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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

It depends upon when we go under Contract. In this crazy market, we can't push Closing beyond 30 days if we want to win bidding wars. So, if we go under Contract on the 15th, buyers are going for the business date closest to the 15th of the following month.

I do avoid the last day of the month though - prefer any other day that week!

May 23, 2018 05:34 AM
Rainer
140,560
Richard L. McKinney P.A.
Atlantic Shores Realty Expertise - Port St Lucie, FL
For Results that MOVE you on the Treasure Coast!

Any day is a great day for closing.

May 23, 2018 04:11 AM
Rainer
370,200
Jay McHugh
SendOutCards-Appreciation Marketing Expert - Acton, MA
YOUR SendOutCard Mentor

I don't favor closings at the end of the month since most banks and attorneys are overwhelmed and sloppy.....secondly, the notion that they pay a little more is wrong and has always been poor communication in our industry.  They own the home at that time therefore they are not paying more .... they OWN the home at that time....I explain fully the benefits of not rushing and having better vendor choices which does save them money:  For example moving companies are less expensive in the middle of the month than at the end of the month due to supply and demand ... the ability to run a smooth closing process is key since you cannot count on 3rd parties to provide the same level of service that we do.....

May 23, 2018 03:17 AM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I suggest a closing on when the lender can get it done.

May 23, 2018 04:57 AM
Rainmaker
4,572,117
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I personally don't have a favorite or favored time --- clients may or may not have an opinion/reason.  Each case is addressed in advance.

May 23, 2018 04:17 AM
Rainmaker
1,390,113
Wayne Zuhl
Remax First Realty II - Cranford, NJ
The Last Name You'll Ever Need in Real Estate

My clients dictacte when they want the closing.

May 23, 2018 03:47 AM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

It is up to my clients to make that decision. 

May 23, 2018 07:42 AM
Rainmaker
1,543,634
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

I favor A.S.A.P.

May 23, 2018 07:37 AM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  As soon as the lender is ready.

  Cash deals, avoid the crowds, don't schedule last few days of the month. 

May 23, 2018 07:06 AM
Rainmaker
7,836,129
Roy Kelley
Retired - Gaithersburg, MD

Schedule the closing to meet the best interests of your client.

May 23, 2018 05:32 AM
Rainer
461,083
Clay R. Seay
Florida Homes Realty & Mortgage - Saint Augustine, FL

for the cash buyers, the closing date usually makes no difference. For a mortgage buyer, the pre-paying of interest, insurance & other pre-paids can raise their closing costs. For the first time buyer or FHA buyer, these costs can be substantial for some.

May 23, 2018 04:50 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

It does depend on my clients' needs and schedule, but if there is nothing special, I always try to close in the last week of a month, but not on the last day of the month when it's loony tunes!

May 23, 2018 04:18 AM
Rainmaker
2,182,502
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Mid month for me !

May 23, 2018 03:52 AM
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Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I favor closings as soon as everything is good to go. Let's get that baby finished!

May 23, 2018 03:41 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I agree with Richard L. McKinney P.A. 

May 23, 2018 12:17 PM
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Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Whatever is mutually agreeable to buyers and sellers. 

May 23, 2018 08:55 AM
Rainmaker
519,324
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

I prefer closing at the earliest date that suits my client or the customer.  If we negotiate a transaction in the middle of the month, I'll check with the lender and unless the buyer or seller need something different, try to get it done in 30 to 35 days, unless it can be done sooner. 

May 23, 2018 08:55 AM
Rainmaker
2,781,163
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

close (or closing) is the end game...Beat feet!

May 23, 2018 07:10 AM
Rainmaker
259,317
Lesley Wilson-VanGoethem
Innovative Realty Solutions Group - Winter Springs, FL
Residential Real Estate Broker Associate

Customer decides closing date in accordance with their lender of choice..I inform them of the dangers of a Friday afternoon, if wiring funds occur late...

May 23, 2018 05:46 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Generally asap, though some now prefer a little extra time to find something new.

May 23, 2018 05:45 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I let them know the costs of closing the 1st, 15th and 30th and they decide. Most often they say close it as soon as you can

May 23, 2018 05:03 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Pretty much up to the clients and their needs.

May 23, 2018 05:03 AM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I always stay away from June 30th as that is the busiest moving day of the year and moving comanies gouge their pricing... We choose the closing day on what best suits both parties, and varies sometimes the middle of the moth, sometimes the first week, sometimes the last.  Whatever works for both

May 23, 2018 04:45 AM
Rainmaker
544,014
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

always close as soon as possible unless the client has a specific need to delay 

May 23, 2018 04:03 AM
Rainmaker
3,626,530
James Dray
Fathom Realty - Bentonville, AR

It really doesn't make me any difference, I leave it up to my buyers or sellers. 

May 23, 2018 02:55 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It depends on when we go pending so often sellers want 30 days. I hate the last day of the month and like to avoid if it possible.

May 23, 2018 08:50 AM
Rainer
289,607
Byron K . Jones
Coatesville, PA
List Today - Sold Tomorrow!

Before Middle of month if possible, only so title company not backlogged with end of month closing, PA. uses title company not Attorney for closings

May 23, 2018 08:44 AM
Ambassador
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

It depends on the overall timeline. I wouldn't advocate waiting to the end of the month if there is no good reason for it.

May 23, 2018 08:17 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I give the client the options and then let them decide what works best for them.

May 23, 2018 07:53 AM
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427,257
J.R. Schloemer
Kentucky Select Properties - Louisville, KY

As Roy Kelley would say, refer to the terms of the contract.

Any Day! Any Time! 

The way I view it is, they have the house and everyone is on their merry ways. Start amortizing that note as quick as possible so they can pay it off sooner.

May 23, 2018 07:49 AM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

My practice is to close when the transaction is ready to be closed. Time of month is irrelevant. Buyer wants their new home. Seller wants their proceeds. Let’s get it done!

May 23, 2018 07:31 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

most are the very end of the month.... 

May 23, 2018 07:21 AM
Ambassador
2,061,756
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

We close when the buyers/sellers want to close, and when the lender is able. 

Why would you say they might pay a little more if they don't close at the end of the month?

May 23, 2018 06:31 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Avoiding the last day of the month is a wise practice

May 23, 2018 06:29 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Depends.

May 23, 2018 06:04 AM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It is up to the buyer. Some prefer paying some interest and then having over a month of relief!

May 23, 2018 05:05 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

The last Friday of the month is probably the worst day to close.

Jun 21, 2018 07:24 PM
Rainmaker
4,936,605
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

I perfer the middle of the month but clients perfer end of month.

 

May 28, 2018 04:18 PM
Rainmaker
5,868,482
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Paul, we see most closings on a Friday with possession after closing.  That way the buyer has the weekend to move in.  No longer are the vast majority of closings at the end of the month anymore.

May 26, 2018 08:41 AM
Rainmaker
191,939
Erika Rae Albert, Austin Real Estate Expert
E-Rae Realty - Austin, TX
Exceeding Expectations in Every Transaction

I actualy prefer anytime besides the end of the month.  Closing date is based on when the buyer, lender and seller can close.  I always advice not to close on the last day of the week or the month because a slight delay can then cause further issues with timely modifications of settlement statements.  

May 24, 2018 08:30 AM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

totally client dependent.  First time entry level buyers sometimes must close at the end of the month sometimes to afford closing.  Most people just want to close as soon as they can.

May 24, 2018 06:46 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Paul S. Henderson, REALTOR®,CRS, - a week before the end of the month.

May 23, 2018 11:00 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

If money is a big issue then close at the end pf themonth, otherwise in the 3rd week so it is not so pushed.

May 23, 2018 07:44 PM
Rainmaker
763,883
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

ASAP

May 23, 2018 07:07 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Many of my closings happen mid month. I have been able to tell me buyers they need to do it as soon as possible.

May 23, 2018 07:02 PM
Rainmaker
1,374,323
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Homes

Scheduled for the best needs of my clients.  

May 23, 2018 05:55 PM
Rainmaker
758,035
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

The attorney & bank schedules it; I just show up. 

May 23, 2018 04:41 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Close ASAP because stuff can always come up.

May 23, 2018 01:15 PM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

30 days from accepted offer day, whatever day it is, often we push it to Friday.

May 23, 2018 12:56 PM
Rainmaker
666,539
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

Paul ~ Unless the buyers are competing for the property, and we are closing when the seller wants to, they generally gravitate towards the end of the month to lessen the out of pocket amount required to close.  However, I am very superstitious about closing the last 2 business days of the month because lenders/title companies are slammed... I try to explain why that may not be in their best interest to close at the very end of the month.

May 23, 2018 12:46 PM
Rainer
92,713
Ruth Grainger-Starr
Gold District Realty - Cripple Creek, CO
providing AWESOME real estate adventures

I leave that up to my clients. I have lots of deals that close in the middle of the month. 

May 23, 2018 11:30 AM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

In our market, it is as soon as possible.  21 days with financing is expected ... with no contingencies.  Crazy!

May 23, 2018 08:02 AM