Navigating the Buy-Sell Juggle in Real Estate

Issue #030

In this Knoxville Insider Issue…

🌤️ Real Estate Edition - Navigating the Buy-Sell Juggle in Real Estate

Real Estate Newsletter – Now Monthly!

Starting this month, I’ll be answering your real estate questions in a monthly format. Catch me on the first Saturday of each month right here in the newsletter with answers to your most common (and not-so-common) real estate concerns!


Navigating the Buy-Sell Juggle in Real Estate

If I need to sell my house before I buy, what happens if I find a new home I love before I’ve sold mine?

Great question—and one that comes up a lot! The short answer: Yes, it’s absolutely possible, but it requires some planning and the right strategy.

🔹 Step 1: Prep Your Current Home
Even before you start actively searching, make sure your current home is ready to go on the market. Declutter, deep clean, take care of any maintenance issues, and stage it to show its best. That way, when you're ready to list, you're not starting from scratch.

🔹 Step 2: Choose Your REALTOR(s)
Find an amazing REALTOR who can help you both find a new home and sell your current one. Some people prefer to use one agent for both transactions, while others choose separate agents for buying and selling. Either way, communication and coordination are key.

🔹 Step 3: Talk to a Lender
Get pre-qualified so you know your budget and whether your purchase will need to be contingent on the sale of your current home. If so, don’t worry—contingent offers are not uncommon, especially as the market has cooled slightly.

🔹 Step 4: Craft a Contingent Offer
If you find a home you love, your REALTOR will include a home sale contingency in your offer. This lets the seller know your offer is dependent on your current home going under contract. Be sure to include a firm timeline—such as the date your home will be listed and how quickly you expect it to go under contract. This gives the seller confidence and helps manage expectations.

With the right preparation and guidance, you can successfully navigate selling and buying at the same time!

Ask a Realtor/Broker😀 

Got questions about buying or selling? Feel free to reach out! Whether you’re curious about how to get started or want advice on maximizing your home’s value, I’m here to help with all your real estate needs.

The Real Estate Edition Issue brought to you by Barbara Newton. She can be reached at [email protected]

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