The traditional method of selling a home before buying has worked for decades, and has allowed millions of people to move forward with their plans and their lives.

So, why change?

The old way is not without a certain amount of stress and compromise.

In spite of the fact that it has been functional for so many years, there are some issues with the process.

I'll explain here by giving some actual situations that I have encountered while representing clients as a "traditional agent".

Which of these examples is similar to your situation?

"I want to move to a different home, but..."

  • Example 1)   I’m afraid that if I put my home up for sale and it gets sold, I won’t find another home in time and I might have to rent for a while.

The elapsed time between putting your home up for sale and actually receiving the proceeds so you can buy can sometimes be up to three months. During those 3 months your dream home can very well be sold to someone else.

"Buy Before You Sell" gives you time to find the home on your schedule without the pressure.

  • Example 2)   I can’t buy a different house until my current home closes escrow.

"Buy Before You Sell" provides the funds to make a guaranteed non-contingent offer on your next home before you have actually sold your current home.

  • Example 3)   I have an elderly parent (or someone with a disability) living with me, or kids and/or pets, and we can’t readily clean up and leave for every showing.

You will not need to put up with any of the "showing inconveniences" with "Buy Before You Sell".  You will have already moved out of your old home and into your new home on your timeline.  Once you have moved out we will start preparing your old home for sale so that any showings will take place in a clean unoccupied home, and the prospective buyers can better visualize furniture placement in a clean vacant home.

  • Example 4)   Each house that I want to buy gets sold before I can get my current home sold.

See example (1) above

  • Example 5)   I can’t see how I can keep my current home clean and “showing-ready” while it’s for sale.  I need to live my life, OR..

  • Example 6)   I work from home and can’t stop working to accommodate showings. My dining room table is my office. I would need to put all my papers and files away somewhere and leave the house while some potential buyer is looking through all my stuff and probably won’t buy anyway because the house is a mess.

You will not need to put up with any of the "showing inconveniences" with "Buy Before You Sell".  You will have already moved out of your old home and into your new home on your timeline.  Once you have moved out we will start preparing your old home for sale so that any showings will take place in a clean unoccupied home, and the prospective buyers can better visualize furniture placement in a clean vacant home.

  • Example 7)   My home needs some fixing-up before I can put it on the market, and I just don’t have the time or energy to do it.

"Buy Before You Sell" gives you the opportunity to make any necessary repairs or upgrades AFTER you have moved out of your old home.  Additionally, we have partnerships with contractors who can take on the work so that you don't need to do it on your own.  Some of the proceeds from the equity advance can be set aside for repairs, upgrades, or other preparations.

  • Example 8)   I’ve tried selling it before, but the seller of the house that I want will not accept an offer that is contingent on the sale of this home, so I just gave up and stopped trying."

The "Buy Before You Sell" equity advance is not just a bridge loan to get to your next home. It is just one part of the overall package which also includes a guaranteed buyout of your current home.  Both aspects combined allow you to make a non-contingent off for your next home, meaning that the purchase of your next home is not contingent on the sale of your current home.  This strengthens the offer in the Seller's eyes because the offer cannot be rescinded if the current home does not sell.

Let's Compare The Typical Step-by-Step Process For Each Method:

Traditional Sell Before You Buy

(14 major steps)

  • Rent storage unit for excess furniture and other "clutter" items
  • Work with Realtor to prepare previous home for sale including cleaning, repairs, paint, flooring
  • List home for sale keeping it clean and "showing ready" at all times
  • Leave home for every showing
  • Receive offers for current home
  • Accept offer and go under contract to sell current home
  • Start looking for next home with your Realtor
  • Find possible next home and make contingent offer for it
  • *** note that sellers do not like contingent offers and will probably demand that a) either contingency be removed, or b) backup offer from other buyer could be moved into primary position ***
  • **** also note that sellers will have the advantage in any negotiation if offer has contingent sale clause. This would include Inspection Objection, Title Objection, and contract dates ****
  • Assuming that offer accepted for next home, work through Inspections and contract dates.
  • Close escrow on current home.
  • Move out of current home. Might need to arrange for storage until next home closes escrow. You might be homeless for a while if Closing dates do not align, so be sure to have temporary housing arrangements in place.
  • Close escrow on next home and move in.

Our Buy Before Sell System

(13 major steps but you are in your next home up to 3 months sooner)

  • Submit an application to qualify your current home, and receive a guaranteed offer certificate
  • Get pre-approved for the financing of your next home
  • Work with us as your Realtor to find your next home on your schedule
  • Submit a non-contingent offer to purchase your ideal next home
  • Offer accepted by seller
  • Close on your new home and move in up to 3 MONTHS SOONER than doing it the traditional way
  • First happy dance (optional)
  • Work with my team to prepare your old home for sale including cleaning, repairs, paint, flooring.
  • We will list your old home for sale as vacant and "move-in ready"
  • You will not need to re-arrange your schedule for showings because you have already moved into your new home
  • Receive purchase offers on your old home and choose the best offer
  • Close escrow on your old home and receive the full proceeds on the sale
  • Pay back the equity advance lender for the funds advanced to purchase your new home. No interest.
  • Smile, you did it.
  • What is the value to you to be able to move in to your next home 3 months sooner than doing it the old way?
  • What is the value to you for using a system that is practically stress-free?

 

Schedule a no-obligation meeting, either in-person or by phone to discuss how this can help your situation.

Schedule a Brief 15 Minute Phone Consultation