How to Buy and Sell a Home at the Same Time (and with a smile!)

Looking for the secrets to buying and selling your home simultaneously? Here are some tips and tricks so you can glide through the home-buying process in style.

Buying a new home is an exciting adventure, but what happens when you need to sell your current home at the same time? This might sound like an impossible juggling act, but don’t panic! With some forward planning and a little bit of patience, you can turn the chaos of home-buying into a positive experience.

Looking for the secrets to buying and selling your home simultaneously? Here are some tips and tricks so you can glide through the home-buying process in style.

Get the timing right

When it comes to buying and selling a home, timing is everything. Start by diving into the housing market in your area and determining the best time to list your home – but let’s be honest, this shouldn’t be a problem! Usually, you should aim to have your current home on the market before you make an offer for a new one. However, if your buying timeline doesn’t go exactly as planned, try and give yourself the wiggle room of a backup plan.

Get a valuation for your current home

Your house-hunting can’t really begin until you work out how much you can fetch for your current home. While you might be able to get a free property valuation online, the best way to go about it is to get a professional property valuation.

With a proper property valuation, you can get an accurate estimate of how much you should be selling your home for. When your property agent or valuer arrives, be transparent about what fixes and repairs you’ve made to your property, as well as any recent improvements. For the best results, get a few different pairs of eyes on it so you can arrive at the most accurate estimate figure.

Get support from the professionals

Buying a home is a lot to take on alone, so you’ll want to get as much help as possible to make the dream happen. Do your research and find a good real estate agent who knows the housing market like the back of their hand. As well as giving you a helping hand through the process, you’ll pick up handy tips to find the best property for your specific needs. With the pros on your side, buying and selling couldn’t be easier!

Make sure you’ve crunched the numbers

Nothing makes buying and selling more difficult than a lack of financial planning. After working out how much you can get for your current home, you’ll also need to put together a realistic budget for your next home. Ideally, you’ll want to be able to finalize the deal with the buyer of your home just before you put down a deposit on your new one.

Get your current home ready for sale

Want to make sure your home sells quickly and at a great price? Make sure you give your property some much-needed love and attention. Declutter, depersonalize, and stage your home to showcase its full potential. Remember, first impressions are key, so keep the surfaces sparkly clean, and invest in any necessary repairs. A well-presented home will attract more buyers and increase your chances of making a swift sale.

Stay flexible and patient

In an ideal world, buying and selling a home would be as simple as trading cards in a school playground. But in reality, handling both tasks is a tough balancing act that requires you to stay flexible and patient throughout the process. Be prepared for compromises, unexpected delays, and last-minute changes. Remember, things might not always go as planned, but with a positive attitude and a dash of flexibility, you’ll be better equipped to handle any curveballs that come your way.

Get ready for moving day

Once you’ve mastered the act of buying and selling, it’s time to look forward to the day of your move. This moving date can sneak up on you, so make sure you’ve made all of the necessary arrangements. Hire a removal service if you need to transfer a ton of furniture or enlist the help of a friend or family member with spare time on their side. And unless you want to have a very awkward first week, make sure to switch over your electricity, gas, water and internet services!

If you want to enjoy a smooth and affordable home-buying process, look no further than BE WEST. With a sublime selection of Shared Ownership apartments located in West London, you can find a home you love at a price you can afford.