Mastering the Real Estate Balancing Act: How to Buy and Sell at the Same Time

If you’re a homeowner ready for a change, you might find yourself asking a big question: Can you buy a new home and sell your current one at the same time?
The short answer: Yes—but it takes careful planning, smart strategies, and a little bit of patience.

Here’s what you need to know to navigate buying and selling simultaneously without losing your mind (or your deal).

Step 1: Get Your Current Home Ready to Sell

Before you start browsing for your dream home, focus on getting your current property market-ready.

• Declutter and deep clean.

• Complete minor repairs and updates.

• Work with an experienced real estate agent who can help you price it competitively for today’s market.

Having your home listed—or at least ready to hit the market—gives you a major advantage when you start shopping for your next place.

Step 2: Know Your Finances

Talk to a lender early to understand your financial options.
You’ll need to know:

• How much equity you have in your current home.

• Whether you qualify for a new mortgage while still owning your current home.

• If a bridge loan or home equity line of credit (HELOC) could help cover the gap between buying and selling.

Clear financial preparation can give you more flexibility and negotiating power.

Step 3: Decide Which Comes First: Buying or Selling

There’s no one-size-fits-all answer. Your choice depends on your situation, market conditions, and risk tolerance.

• Selling first guarantees you won’t carry two mortgages, but you might need temporary housing if you don’t find a new home quickly.

• Buying first ensures you secure your next home but could mean more financial pressure if your current home takes longer to sell.

An experienced agent can help you time things to minimize stress and overlap.

Step 4: Use Contingencies Wisely

Real estate contingencies are clauses in your contract that protect you during the process. Two key types are:

• Home Sale Contingency: You agree to buy your next home only if your current home sells.

• Home Purchase Contingency: You agree to sell your current home only if you secure a new property.

In a competitive market, some sellers are hesitant about contingencies, so your agent’s negotiation skills are crucial here.

Step 5: Stay Flexible

Even with the best planning, some hiccups are inevitable. Flexibility—whether it’s renting back your sold home for a few weeks, negotiating move-in dates, or finding short-term housing—can keep your move smooth and stress-free.

Final Thoughts

Buying and selling a home at the same time can feel overwhelming, but with the right guidance, it’s absolutely doable—and often the best way to move forward into your next chapter.

At Embry Group Real Estate, we specialize in helping clients navigate complex moves with confidence. From market preparation to strategic negotiations, we’re here to make your transition seamless.
Ready to start planning your next move? Reach out today—we’d love to help.