What’s the best way to buy and sell a home at the same time?

Most sellers prefer to first find the perfect next home before putting their current home on the market. Once they find that dream home, though, they’ll make an offer for it only to watch the deal fall apart because the purchase is contingent on their current home sale. In our competitive market, there are plenty of buyers not making contingent offers, which bumps you out of the primary spot if yours is contingent on the sale of your home. 

“If you put your current home under contract before writing an offer on your new home, your offer will be more competitive with other buyers.”

That’s why our advice to you is to put your home on the market before going house hunting. This way you won’t have to worry about being temporarily homeless and won’t feel pressured into buying a home you don’t like. If you put your current home under contract before writing an offer on your new home, your offer will be more competitive with other buyers since your purchase is now contingent on the closing of your current home—not the sale of it. This means less risk for you, and it allows you to find and secure the home of your dreams within your preferred time frame. 

If you have questions about this or any real estate topic, don’t hesitate to reach out to us. We’d love to help you.