6 Steps to Buying and Selling Your Home at the Same Time

by Tina Veltri

Navigating the simultaneous sale of your current home and the purchase of your new home requires precision, strategic planning, and a bit of finesse in multitasking and negotiation. While you can't control every aspect of the real estate process, proper preparation with the Veltri Group of Brevard can significantly increase your chances for a seamless and successful transition — possibly even achieving a same-day closing!

Step 1: Partner with the Veltri Group of Brevard

The complexity of managing two major transactions at once means you’ll benefit immensely from our skilled team. At the Veltri Group of Brevard, we have a robust track record in your market and specialize in concurrent buying and selling. We will guide you from initial planning all the way to the closing day, ensuring every detail is handled with our trademark expertise.

Step 2: Early Planning and Timeline Coordination

Don’t wait until the last minute to start planning your dual transaction. Engage with us early to help coordinate the timelines for buying and selling. Our early preparation helps mitigate risks, ensures you’re ready to act when opportunities arise, and sets a strategic timeline that aligns with market dynamics and your personal goals.

Step 3: Understand Current Market Dynamics

Begin with a thorough discussion with us about the latest trends in the real estate market to estimate how much your current home might sell for and what you could expect to pay for a new one. The market is always shifting, so our up-to-date understanding is crucial for effective planning and decision-making.

Step 4: Prepare Your Home for Sale

Successfully listing your home involves more than just planting a "For Sale" sign in your yard. Work with us to understand buying and selling trends and conduct a comparative market analysis to set the right price. It’s also time to tackle repairs, declutter, and stage your home for showings and professional photography, all tailored to attract potential buyers effectively.

Step 5: Get Ready to Purchase Your New Home

It's advisable to start the loan application process and begin saving for your down payment well in advance. Secure a pre-qualification letter from your lender—this is essential before making an offer on a new home. We can set up an automated home property search that alerts you immediately when homes matching your criteria hit the market, ensuring you never miss out on potential opportunities.

Step 6: Strategic Negotiation and Timing

While your objective is to maximize returns on your sale and secure the best deal on your purchase, consider the broader picture of timing and negotiation strategies. Since the goal is often to close on both homes on the same day, focus on our creative solutions and maintain flexibility to adapt as needed during negotiations.

Bottom Line

Though challenging, buying and selling a home simultaneously is achievable with the right support. Working with the experienced Veltri Group of Brevard ensures you have expert guidance and constant communication throughout the process. This dual focus can help you maintain your sanity and achieve success in both transactions.

Ready to Sell Your Home? Let’s Maximize Your Sale!

At Veltri Group of Brevard, we’re here to help you avoid these mistakes and sell your home for top dollar. Contact us for a FREE home-selling consultation, and let’s create a custom strategy that works for you.

Let’s get your home sold—faster and for more money! 💼✨