How to buy and sell at the same time in Seattle.

buy/sell

Buying and Selling At The Same Time (without losing your mind)

I'm a mom, wife, podcast junkie & Realtor.  In this blog, we talk about key real estate topics and explore what it means to create a life we love living. 


Hi! I'm Kaylynn 

Hey there, friends! If you’re reading this, chances are you’re considering buying and selling a home at the same time. First of all—take a deep breath. While it can feel overwhelming, this process doesn’t have to be stressful with the right approach and support.

Whether you’re upgrading to fit a growing family, downsizing for a fresh start, or simply making a move to better suit your lifestyle, managing both transactions at once is completely doable with a solid game plan.

Understanding Your Options

When it comes to buying and selling simultaneously, there are two primary paths:

  1. Buy first, then sell.
  2. Sell first, then buy.

Each option has its own benefits and challenges, so choosing the right one depends on your unique situation.

Option 1: Buying First

Pros:

  • You can lock in your dream home without feeling rushed.
  • Enjoy flexibility in moving at your own pace.
  • Avoid the risk of being between homes if your current one sells quickly.

Cons:

  • Carrying two mortgages temporarily can stretch your finances.
  • If your current home takes longer to sell, the stress can build.
  • Sellers may prefer buyers without a home sale contingency, which can make negotiations trickier.

Option 2: Selling First

Pros:

  • No juggling two mortgages.
  • You’ll have a clear budget for your next purchase.
  • Offers made without contingencies are stronger and more competitive.

Cons:

  • There’s a chance you’ll need temporary housing if you sell before buying.
  • Negotiating move-out dates can be less flexible.
  • You may feel pressure to choose your next home quickly.

Determining the Right Path for You

So, how do you decide which route makes the most sense for your family? Here are some tips to help you navigate the decision:

Start with a Discovery Call: Every client I work with begins with a chat about their goals, timelines, and concerns. For buy/sell scenarios, this step is crucial to setting the right strategy.

Know Your Finances: Take a close look at your financial picture. Can you handle two mortgages for a short period, or would selling first provide peace of mind?

Understand the Market: In Seattle’s real estate market, timing is everything. If homes are selling quickly, it may make sense to sell first. If inventory is slow, buying first might be the better option.

Plan for the Unexpected: Temporary housing, storage solutions, and flexibility with timelines can all ease the transition if things don’t go exactly as planned.

Let’s Make It Happen

If buying and selling a home at the same time feels daunting, know that you don’t have to figure it all out alone. With the right plan (and someone who’s navigated this process many times before!), you can transition smoothly and confidently.

Want to explore your options and chat about the best approach for your move? Book a call with me here to get started.

Together, we’ll map out a plan that works for you—and you’ll be settling into your new home before you know it.

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