EP. 1384 BUY FIRST OR SELL FIRST? THE RISK-AVERSE WAY TO MOVE HOMES SMOOTHLY!
Manage episode 472979167 series 3445143
Selling your home and buying another simultaneously ranks among life's most stressful transitions. This emotional tightrope has most property owners asking the same question: "Do I sell first or buy first?" Drawing from decades of real estate experience and personal moving journeys, we unpack this common dilemma with practical, actionable advice.
The secret isn't in choosing one path over another, but in what we call the "two horses nose-to-nose" approach. Rather than viewing buying and selling as separate mountains to climb, successful movers make incremental progress on both fronts simultaneously. We break down how to time these transactions so they ultimately meet in perfect synchronicity, allowing you to exchange contracts on both properties on the same day.
With 8% of Australians planning a move this year (up from just 3% last year), this conversation couldn't be more relevant. We explore the psychology of getting into "sell mode" early, the practical steps for preparing your home months before listing, and why making genuine offers on potential purchases starts bringing both transactions together naturally. Did you know one in four property purchases last year were cash buys? For the rest of us requiring financing, we share tips on engaging brokers early and understanding your true financial position.
Whether you're upsizing, downsizing, or simply changing locations, our stepping-stone approach removes the paralysis that keeps many homeowners stuck. The most important takeaway? Small steps in the right direction beat perfect planning every time. Start your property journey with confidence by implementing these proven strategies from those who've successfully navigated this dance countless times.
Chapters
1. The Big Question: Sell or Buy First? (00:00:00)
2. Market Insights: Australians on the Move (00:01:02)
3. The Two-Horse Strategy (00:03:05)
4. Stepping Stone Approach (00:06:06)
5. Top Hurdles in Buying and Selling (00:07:00)
6. Getting into Sell Mode Early (00:08:25)
7. Taking Small Steps in the Right Direction (00:10:30)
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