Selling Your Current Home & Buying Your Next One: What You Need to Know Before You Start

by Jessica J Baldovinos

Selling Your Current Home & Buying Your Next One: What You Need to Know Before You Start:
 

Selling a home while buying another is one of the most common—but often most misunderstood—real estate transitions. It feels like a balancing act, and without the right plan, homeowners end up stressed, rushed, or losing money they didn’t have to lose.

The truth? When you follow the correct sequence and have an experienced agent guiding the strategy, the process becomes smooth, predictable, and financially smart.

Below is a clear breakdown of how the sell-and-buy process works, why listing your current home first AND securing pre-approval is non-negotiable, and how the right agent protects your timeline, money, and sanity.


Step 1: Understand Your Numbers Before You Shop

Most homeowners want to look at homes first — but here’s the reality:

👉 You cannot make strong offers without knowing what your current home will sell for AND what you qualify to buy.

Your entire move depends on:

  • Your home’s market value

  • Your estimated profit after selling

  • Your mortgage pre-approval amount

  • Your loan program and contingencies

  • Your comfort level with monthly payments

This is why the first step is ALWAYS:

  1. A pre-listing consultation with me

  2. A pre-approval with a trusted lender

  3. A net proceeds estimate so you know exactly what you’ll walk away with

This gives you clarity. It prevents surprises. And it sets the foundation for every step that follows.


Step 2: List Your Current Home FIRST

This part surprises most people:

❌ “I’ll shop first, then list when I find something I like.”
✔️ In reality, this puts you at a huge disadvantage.

Here’s why:

If your home is not listed, your offer is considered weak.

Sellers don’t want to accept an offer that depends on a home that isn’t even on the market yet — it feels risky and uncertain.

When your home is listed:

  • You look serious and credible

  • Sellers trust your timeline

  • Your offer becomes stronger

  • You gain negotiating leverage

  • You can secure rent-back options or flexible closings

Listing first is what gives you power, options, and control.


Step 3: Get Pre-Approved Before Seeing Homes

Pre-approval isn’t just paperwork — it determines the entire search strategy.

A strong pre-approval:

  • Confirms your price range

  • Shows sellers you are financially qualified

  • Allows you to write offers immediately when the right home hits the market

  • Helps you avoid wasting time on homes outside your budget

  • Gives me the ability to negotiate hard on your behalf

Some loan types even require your current home to be under contract before final approval — another reason listing early is essential.


Step 4: Prepare Your Home for Listing

Before going live:

  • I analyze your local market

  • Provide a detailed pricing strategy

  • Recommend high-ROI improvements

  • Help you declutter and stage

  • Schedule professional photography and marketing

  • Build your custom launch plan

Your home becomes a marketable asset — and we position it to attract the strongest buyers fast.


Step 5: Sell Your Home Strategically

Once your home hits the market:

  • Buyer showings begin

  • Offers are reviewed

  • We negotiate price, inspection terms, timing, concessions, and occupancy

The goal is to secure an offer that aligns perfectly with your future purchase, giving you the flexibility to transition smoothly into your next home.


Step 6: Shop for Your Next Home — With Confidence

Once your home is listed (or under contract) and you’re pre-approved, you can shop for homes without stress.

You now have:

  • Clear buying power

  • A realistic price range

  • Leverage when writing offers

  • A negotiable timeline

  • The ability to move quickly without financial risk

This is when the process becomes exciting — not overwhelming.


Step 7: Coordinate Both Closings Seamlessly

I work closely with your lender, attorney, and the other agent to coordinate:

  • Closing dates

  • Loan timelines

  • Payoffs & net proceeds

  • Inspections & appraisals

  • Possession details and possible rent-backs

Most of my clients close on both homes the same day or within the same week — without double moves or temporary housing.


Why You Need the Right Agent for This Process

Selling and buying at the same time involves:

  • Two contracts

  • Multiple deadlines

  • Two negotiations

  • Loan requirements

  • Contingencies

  • Timelines that must line up perfectly

This is one of the most advanced transactions in real estate.

The right agent makes sure:

  • You don’t overpay on the buy

  • You don’t undersell on the sell

  • Neither side’s timeline puts you at risk

  • You never end up homeless or rushed

  • You remain protected legally and financially

This is strategic, high-level representation — and it matters.


Ready to Start? Let’s Build Your Move-Plan Together.

📲 Call or text: (336) 567-5843
Brokered by Real Broker, LLC — NCREL #312309
Jessica J. Baldovinos | @JessicaJBRealtor

Book your 15-minute introduction call:
👉 https://calendly.com/jessicajbrealtor

 

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