Buy Or Sell First

Dated: 10/07/2019

Views: 14

Buy or Sell First?


The classic dilemma for many homeowners is whether to buy or sell first. There is no “right” answer. It depends on your specific circumstances as well as current market conditions.


"It depends on your specific circumstances as well as current market conditions."


Most homeowners believe that it's more prudent and less stressful if you sell your existing home before you buy a new one. You can often get top dollar for your home if you are not under pressure to sell. And you're in a better position to negotiate when buying a home. If you have to make an offer contingent on the sale of your home, you often lose negotiating leverage.


The risk of selling first is that you'll be under pressure to buy a new home before closing. In a competitive real estate market, the period between going under contract and closing may not be a realistic timeframe for you to find your dream home.


If you currently own a home, we should talk as soon as possible on what will be best for you in today’s marketplace. Give me a call today.

Blog author image

Denny Lee

Denny Lee is the owner of The Yellow Door Team. His absolute dedication to customer satisfaction has propelled his team to #1 in a brokerage with over 400 active agents for the past several years runn....

Latest Blog Posts

The Importance Of Your Credit Report

The importance of your credit reportWhen you apply for a loan, your lender will look at several details of your personal finances, including your credit report. The better your credit, the better

Read More

Buy Or Sell First

Buy or Sell First?The classic dilemma for many homeowners is whether to buy or sell first. There is no “right” answer. It depends on your specific circumstances as well as current market

Read More

Floor Cleaning Tips And Tricks

Floor Cleaning Tips & Tricks Regardless of how tidy you are, your floors, rugs, and carpets get dirty. Between the dirt you track in on your shoes, accidental spills, and the inevitable

Read More

Only 1 In 4 Renters Think They Are Likely To Own A Home

Only 1 in 4 Renters Think They’re Likely to Own a HomeFreddie Mac survey: 4 out of 5 renters (82%) think it’s cheaper than owning, but 44% also say they’ve moved in the past two years because

Read More