One home to sell.
Another to find.
Selling your current home and buying the next one are two separate transactions. The challenge is making them work together without forcing either decision.
PLAN BOTH MOVES →
Sell first?
Buy first?
For many homeowners, selling is only half the story. You also need somewhere to go. Before launching your current property or making an offer on another, it helps to understand your finances, timing and how much flexibility you really have.
The difficult part is
what happens in between.
The best property to buy may appear before your current home sells. Your buyer may want a completion date that does not match your purchase. Or you may sell quickly and still not have found the right next home.
Knowing your budget
Until you understand what your current property is realistically likely to sell for, it can be difficult to define the budget for the next purchase.
Managing the timing
Offers, contracts, financing and completion dates do not always happen according to the same timetable.
Avoiding pressure
A rushed sale can affect your selling position. A rushed purchase can lead you to compromise on the home you actually want.
There isn't one correct order.
The right sequence depends on your financial position, the type of property you are selling and how specific your next search needs to be.
Sell first.
Selling first gives you clarity. You know what your property has achieved and therefore have a much firmer idea of the budget available for your next purchase.
Best suited to: owners who need the proceeds of their current property to fund the next purchase.
Buy first.
If your financial position allows it, securing the next property first can remove the pressure of having to find somewhere immediately after selling.
Best suited to: buyers who have sufficient flexibility to overlap the ownership of both properties.
Coordinate both.
Sometimes both transactions progress together. In those situations the objective is to understand the dependencies early and coordinate the different parties and dates as closely as possible.
Best suited to: homeowners who need to sell in order to buy but want to minimise the gap between both transactions.
What if the dates
don't match?
Trying to make two transactions complete on exactly the same day can create unnecessary pressure. It is worth understanding what alternatives may be available before you need them.
One plan for both sides.
Rather than treating the sale and purchase independently, we look at what needs to happen across the whole move.
Understand the position
Your current property's likely value, available equity, financing and the type of home you want next.
Plan the sale
Position, prepare and launch your current home with a clear strategy rather than selling simply because another property appears.
Search in parallel
Define the areas, property type and realistic purchase budget so the next search can progress alongside the sale.
Coordinate the move
When both transactions progress, keep the relevant dates, parties and practical arrangements visible from one overall plan.
Sell with a plan.
Before deciding what you can buy next, understand how your current home should enter the market, what it may realistically achieve and how the sale should be structured around your move.
EXPLORE OUR SELLING STRATEGY →Search with context.
Once we understand the move, we can help you define where and what to search for, including publicly advertised properties and relevant opportunities through our professional network.
EXPLORE BUYER SERVICE →Questions worth answering early.
Do I need to sell my home before I start looking?
Not necessarily. Understanding the next market early can help you define your search. Whether you can commit to a purchase before selling depends on your individual financial position.
What happens if I sell before I find somewhere?
This is worth planning for from the beginning. Temporary accommodation or greater flexibility around the move may allow you to continue searching without being forced into the wrong purchase.
What if I find the perfect property before mine has sold?
Before making a commitment, understand how the purchase would be financed and what would happen if your existing sale took longer than expected.
Can One.Homes handle both the sale and the search?
One.Homes provides seller representation as well as a dedicated buyer service, allowing the two sides of the move to be considered together.
Moving to
El Maresme?
If your next move is from Barcelona to El Maresme, our moving guide looks at the practical questions around commuting, schools, timing and organising the transition.
READ THE MOVING GUIDE →
Don't plan two transactions.
Plan one move.
Tell us what you own, what you are looking for and what needs to happen in between. We can start by working out the right order.
Chat with us!