Can I Sell My House While Buying a New One with Expert Help from Brandon Scribner
- Brandon Scribner
- Sep 18
- 3 min read
Navigating the real estate market can feel overwhelming. If you are trying to sell your home while searching for a new one, you might be asking yourself, “Can I manage both at the same time?” The answer is absolutely yes, but it requires thoughtful planning and expert guidance. That’s where I come in—Brandon Scribner, your trusted realtor in McKinney, TX.
Selling and buying a home at the same time is a balancing act. You want to get the best price for your current home while finding the right place to meet your needs. With my experience as an Accredited Buyer Representative and a Seller Representative Specialist, I can help simplify this complex process.
Understanding the Market
Before you jump into selling and buying, understanding the current real estate market is essential. Knowing whether it is a buyer's market or a seller's market can shape your strategy. For example, in a seller's market, where the demand outpaces supply, homes can sell in as little as 15 days and often go for 10% above the asking price. Conversely, a buyer's market may feature homes sitting for an average of 60 days or more, offering more negotiating power to you.
As a Pricing Strategy Advisor, I offer a detailed market analysis. This analysis helps you price your home in a way that attracts buyers quickly, while also helping you identify new homes that fit your budget, so you don’t miss out on great options.
Timing is Everything
Timing is a significant challenge when selling and buying simultaneously. You want to sell your home quickly but also need to find a new one before closing the sale. I’m here to help with that. My role as a Real Estate Negotiation Expert allows me to secure terms that promote a smooth transition. For instance, a rent-back agreement can help you stay in your home for a short period after selling. This gives you extra time to finalize the purchase of your new home without feeling rushed.
Financing Options
Managing two transactions can bring financial concerns. Many homeowners worry about how to handle these transactions simultaneously. I guide you through various financing options available, including bridge loans, which can help you access the equity in your current home for your next purchase while waiting for it to sell. According to recent surveys, nearly 36% of homeowners used bridge loans to facilitate their transitions. Knowing your options can help ease the financial strain.
New Home Construction
If you are considering building a new home, my New Home Construction Certification enables me to help you navigate this path with ease. From selecting a reputable builder to understanding the construction timeline, I provide insights that allow you to make informed decisions aligned with your goals. For instance, a new construction project typically takes around six months to complete, and I’ll be with you through every step of the process to make sure it fits your timeline.
Your Path Forward
Selling your home while buying a new one is entirely feasible with the right support. As your dedicated realtor in McKinney, TX, I, Brandon Scribner, am committed to providing the expertise you need for a smooth experience. With my designations as an Accredited Buyer Representative, Seller Representative Specialist, Real Estate Negotiation Expert, Pricing Strategy Advisor, and New Home Construction Certification, I can help you achieve your real estate goals effectively.
If you're ready to take the next step, please feel free to reach out. Together, we can turn your dream home into a reality!
