Trying To Sell and Buy at the Same Time? Avoid These Common Mistakes

by James Lynch

If you’re a homeowner planning a move, you’ve probably wondered: Should I start house-hunting right away, or focus on selling first?

The truth is, there’s no one-size-fits-all answer — it depends on your goals, your finances, and your timeline. That’s why working with a local agent is key. They know the market, the latest trends, and what strategies are working for sellers like you right now. With the right guidance, you can make a confident decision that fits your situation.

Here’s a quick preview: For many homeowners today, listing your current home first is the smarter move — and here’s why.

The Advantages of Selling First

1. Tap Into Your Equity First

Selling your home upfront gives you access to your equity — and in today’s market, that can be a major advantage. According to Cotality (formerly CoreLogic), the average U.S. homeowner has about $302,000 in equity. That’s money you can put toward your next down payment, closing costs, or even use to purchase your next home outright.

2. Avoid Carrying Two Mortgages

If you buy before you sell, you risk juggling two mortgage payments — even if it’s just temporary. That can get expensive fast, especially with surprises like repairs or closing delays. As Ramsey Solutions puts it:

“Selling your current home first helps you avoid the financial pressure and risks of paying for two properties at once.”

3. Make a Stronger Offer

In today’s competitive market, sellers prefer clean, non-contingent offers. When your home is already sold, your offer doesn’t depend on that sale — which can make a big difference. A strong agent will help you write a winning offer that stands out.

One Tradeoff To Keep in Mind:

If you sell before you buy, you may need temporary housing — whether it’s a short-term rental, staying with family, or negotiating a post-closing occupancy (renting back your home after closing). The good news? A skilled agent can help you line up timelines and negotiate the terms to reduce stress and make your move seamless.

Once your house sells, you may need a short-term rental or to stay with family until you can move into your next home. Your agent can help you negotiate things like a post-closing occupancy (renting the home from the buyer for a set period) or flexible closing dates to help smooth out that transition as much as possible.

Every move is different — and a trusted local agent can help you decide what works best for yours.

Bottom Line

In many situations, selling first doesn’t just bring clarity — it opens doors. It gives you more financial flexibility, greater confidence as a buyer, and reduces the pressure that often comes with juggling two big decisions at once. With your equity unlocked and your timeline in your control, you’ll be in a stronger position to move forward on your terms.

If you’re thinking about making a move but aren’t sure where to start, connecting with a local real estate expert is the smartest next step. They’ll help you understand how much equity you have, what’s happening in your neighborhood, and how to time everything so it works for your goals.

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James Lynch

James Lynch

Agent | License ID: 9510114

+1(781) 244-2863

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