Buying & Selling a Home at the Same Time?

  • 4 months ago
  • 0

Here’s How to Make It Work

  1. Hire the Right REALTOR®
    Not all real estate agents have experience handling simultaneous transactions, so make sure you work with a REALTOR® who specializes in buying and selling at the same time. The right agent will:
    ✔ Have access to ALL listings, including off-market properties.
    ✔ Be experienced in coordinating both sales to ensure a smooth transition.
    ✔ Offer strong negotiation skills to align both deals.
    At Lamacchia Realty, we help clients navigate this process every day! Check out testimonials from buyers and sellers who have successfully moved with our help.
  2. Get Preapproved & Understand Your Budget
    Before you start house hunting, get preapproved for a mortgage. If your purchase depends on the sale of your current home, ask your lender to run different sale price scenarios:

This ensures you fully understand your buying power—no surprises! Your REALTOR® can also estimate your net proceeds to help you make informed decisions.

  1. Get Real-Time MLS Access
    Many buyers rely on Zillow, Trulia, or Realtor.com—but did you know these sites often show outdated or inaccurate listings?

🔎 10% of active listings never appear on these sites
🔎 25% of homes shown are already under contract

To get the most up-to-date listings, work with a REALTOR® who provides direct MLS access, ensuring you see new homes as soon as they hit the market.

  1. Be Proactive & Take Action
    Many homeowners hesitate because they’re unsure whether to buy first or sell first. There’s no universal answer—it depends on your timeline, financials, and market conditions. However, waiting too long can cause you to miss opportunities. Trust your REALTOR® to guide you on the best approach for your situation.

How to Protect Yourself as a Seller
If your home sells quickly but you haven’t found a new one yet, don’t panic! Here are three ways to stay in control:

📌 “Subject to Seller Finding Suitable Housing” Clause – This ensures you don’t finalize your sale until you’ve secured a new home.

📌 Delayed Closing – Negotiate a longer closing timeline (3-4 months) to give yourself more time to buy.

📌 Rent-Back Agreement – Sell your home, but stay in it temporarily while searching for your next one. This allows you to receive sale proceeds while still having a place to live.

💬 Thinking about making a move? Let’s chat about your options!

Join The Discussion

Compare listings

Compare

Get Home Evaluation Now!

Reach out to us today and get a complimentary business review and consultation.