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Should you sell your home before you purchase a new one?

By
Real Estate Sales Representative with Keller Williams Realty Inc.

This is a question I am often asked by my clients in real estate. Buying or selling first, how do you choose? This decision will truly depend on your personal situation, but the housing market at the time will be a big indication of how to proceed. In today's episode of our weekly series, I will tell you how I steer my clients to make the right choice for them during this process. Perhaps you are in the same situation? Comment below for advice! 

George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Jean Richer I agree with your conclusion.  In the past I would have advise to sell first, but in this CRAZY Sellers Market my opinion is the safer choice is to purchase first.

May 25, 2022 03:36 PM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Jean Richer very timely question and excellent answer. Buyers and sellers should definitely consult with you before they make a decision. We don't know yet the exact impact of the rising interest rates so there may be a shift in the market. That shift would impact the timing of the buy/sell.

May 26, 2022 05:32 AM
Jan Green - Scottsdale, AZ
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Very good blog.  And a good point.  If a buyer can buy first before selling, it's a huge bonus in negotiating power.  

May 26, 2022 08:15 PM
M.C. Dwyer
Melody Russell Team at eXp Realty of California, Inc. - Felton, CA
MC Dwyer-Santa Cruz Mountains Property Specialist

Nice quick video explanation of the buy / sell timing dilemma.     I like that you offer your clients Plan A, Plan B, etc. 

May 27, 2022 01:49 PM