We need to sell first, but let's go look!

By
Real Estate Agent with Atlanta Communities 303302

There are many times that home sellers need to be looking for the next home. If there home sells before they find the next one they could end up homeless and/or in an expensive hotel until they can find and move in to the next home. This dance of trying to have back to back closings is always a bit stressful for everyone.

But what if the potential sellers are not even thinking of selling their home for 6 months and want to start looking for the next one? Well, if they are amenable to putting their home up for sale quickly once the next home is found, and the market will support a quick sale , then fine. But what if these conditions don't exist?

I am afraid these folks might be wasting everyones time. What if you do find that perfect next home? Do you really believe it will still be there waiting for you in 6 months? Probably not. I would suggest waiting until you are a bit closer to the date you wish to list your home before hitting the streets looking for the next home. This will save you, and everyone else the heartache of watching that perfect next home go to another buyer who is ready to pull the trigger.

Posted by

Peter den Boer, Associate Broker, Realtor

Atlanta Communities Real estate Brokerage

 

Ph. 770.713.1545

www.denboerhomes.com

 

I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.

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Rainer
10,374
RE Virtual Solutions
RE Virtual Solutions - Saint Charles, MO
Virtually helping real estate professionals.

Peter you could not be more right.   We anticpate moving in 6 months and while it is fun to look at homes online, we do so knowing that they won't be there in 6 months and if they are, then that's a home we would not want.  It would be silly to waste an agents time viewing a home we could not act on.

Jun 03, 2019 05:58 AM #1
Rainmaker
741,221
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

That is a sticky situation and one that I have seen far to many times.  I always encourage people to start house hunting early but I remind them that contingencies are sometimes hard to deal with and people don't want to wait on another house being bought or sold before they can close their deal.

Jun 03, 2019 05:58 AM #2
Rainmaker
1,182,032
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

It's difficult to find a seller who is willing to accept an offer contingent on the sale of the buyer's current home.  Better to wait until the buyer's home is listed and then request a temporary leaseback from the new owners, if necessary.

Jun 03, 2019 06:19 AM #3
Rainmaker
1,520,424
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
Your real estate writer

Once upon a time in our community, those contingent sales would have been fine. After all, homes were on the market for months or even years before a buyer came along.

In a seller's market, a seller would be foolish to go along with that. \

Avoid disappointment - at least get your house on the market before you go shopping!

Jun 03, 2019 09:59 AM #4
Rainmaker
3,266,483
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Peter - so much is gained when a true two-way conversation takes place so that there is an understanding and an effective game plan for seller/buyer and agent/broker.  

Jun 07, 2019 09:15 AM #5
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Rainmaker
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Peter den Boer

MBA,GRI, Associate Broker, Realtor
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