Should You Buy or Sell First?
If you already own a home but are thinking about moving — whether upsizing, downsizing, or relocating — one of the first questions I always get is: Should I sell my current home first, or buy my next one first?
The truth is, there’s no one-size-fits-all answer. Over the years, I’ve helped clients succeed with both approaches — it really comes down to your goals, your timeline, and your financial comfort zone. Here’s a quick look at the pros and cons, along with some real stories from people I’ve worked with.
🔁 Selling First: A Safer Financial Move
Pros:
- You’ll know exactly how much equity you have to work with
- You won’t be juggling two mortgages at once
- You may be in a stronger position when buying (no home sale contingency)
Cons:
- You might need temporary housing
- The home search can feel a little more pressured
Client story:
Last year, I worked with a couple in Mt. Airy. They had outgrown their starter home but didn’t want to carry two mortgages. We listed their house and got it under contract in just over a week. Then, with a solid offer in hand, we found their next home in Elkins Park — and were able to move quickly with confidence. It was a bit of a juggle, but we timed the settlements perfectly.
🛒 Buying First: More Convenience, Less Pressure
Pros:
- You can take your time finding the right home
- You won’t need temporary housing or storage
- You get to move once and settle in smoothly
Cons:
- You’ll need the financial ability to hold two properties for a short time
- Offers may need to be contingent on selling your current home (unless we strategize around that)
Client story:
Another one of my clients found their dream home in Havertown sooner than expected — it checked every box, and the location was perfect. After a quick conversation, we put in a strong offer, and they got it. We then listed their home the following week, staged it thoughtfully, and had multiple offers in a few days. Their move was seamless, and they avoided the stress of temporary housing.
🤔 So… What’s Right for You?
If you're wondering which path is best, I’d love to help you think it through. I’ll look at your current home, discuss local market trends, and help you map out the best timing and strategy based on your goals. No pressure — just honest advice based on what’s worked for my clients and what’s happening in the market right now.