How to Buy and Sell Homes at the Same Time

“What are your options if you sell your home before you find a new one?” Today I am going to be discussing this common question and concern many clients have. Low inventory means that things are moving fast, which is great for getting top dollar. But this leaves buyers running into the issue of how to get into their next home, if they have even found one. Contingent offers are a very popular solution to this issue. A contingent offer allows people who are buying and selling simultaneously to make their home purchase contingent on the sale of their current property. When our clients pursue this option, we first help them list their property (which can take anywhere from a week to a month), and then work to help them find a new home. When submitting a contingent offer, it's important to show that you've employed a strong selling strategy for your current home. This will help support any offers you make by giving the seller peace of mind. As a qualified real estate group, our job is to make sure the timing works out the best it can for you. If there is a gap in time between when you sell your current home and when you'll be able to move into your next, our team can help you arrange a rent-back situation. And if financial issues arise as a result of handling simultaneous transactions, there are options we can guide you through. Overall, there are many ways our team can assist you in buying and selling a home at the same time. We have been in the real estate industry working with transactions like for two generations. It is super important that you work with a group like us who can walk you through the different scenarios. If you have any further questions about this or how we can help, I would love to speak with you. You can reach out by phone or through our website.