In today's complex real estate market, selling your home and buying a new one can be a difficult juggling act. However, with strategic planning, you can position yourself as a competitive buyer while ensuring your current home sells smoothly. We often find ourselves on both sides of the coin - helping seller’s maximize their profit and also helping buyers write offers with a competitive edge over all other interested parties.
So, what can you do to ‘win’ as a seller who’s also a buyer?
- Consider Selling First: We know - this feels like a big deal, however, if you are able to procure short-term lodging white you search for the right property, this can significantly improve your chances of getting your offer accepted. A contingent offer in today’s marker is pushed to the side, but one with shortened contingency timelines and equity that is already liquid? You’re in business.
- Get Pre-Approved for a Mortgage: Whether you’re selling first or not, you may likely need additional financing. Securing a pre-approval with a skilled lender who can move quickly will show sellers that you are a serious and qualified buyer. Bonus: you will have a very clear picture of your budget and how much wiggle room you have to negotiate.
- Make Sure Your Home is Looking its Best for a Quick Sale: To ensure you can move swiftly when you find a new home, aim to sell your current property quickly. Invest in minor improvements to make your home more attractive to buyers. Move-in ready homes that have a modern aesthetic and priced correctly are going FAST. Declutter, depersonalize, and enhance curb appeal to create a space that buyers can connect with. Our professional stagers do the final touches and you are magazine ready.
- Work with a Skilled Real Estate Agent: Navigating the dual processes of selling and buying simultaneously requires expertise and experience. Partner with a seasoned real estate agent who understands your needs and the local market. Heritage Coast can manage home improvements, help price your home correctly, market it effectively, and negotiate the best terms for both selling and buying. We’ve coordinated countless transactions where buyers were sellers, and sellers were buyers.
We love making the home selling and buying process smooth and dare we say, even pleasant, for our clients. It’s why we do what we do, and we’d love the opportunity to do that for you.
If you’re considering selling in 2024 and need to find a new home, in CA or out, reach out to us today and we can help get your started.