Buying and Selling a Home Simultaneously in Westminster – What You Need to Know
Thinking about buying a new home before selling your current one? It’s a common question among homeowners in Westminster real estate transactions. Just recently, I worked with a client who asked me if they could make an offer on a home before selling theirs. My answer? Absolutely! With the right strategy, we can structure a contingent offer that works in today’s competitive market.
As an experienced Westminster realtor, I specialize in crafting offers tailored to buyers who need to sell their current home first. In fact, one of my clients had their contingent offer accepted over two non-contingent, all-cash offers. How? By preparing strategically and presenting a strong, well-structured offer.
If you're considering buying and selling at the same time, here are some expert tips to navigate the process seamlessly.
Buying First? Here’s How to Protect Your Sale
1. Request an Extended Closing Timeline
It’s exciting to move into your new home, but it’s essential to time the process right. To ensure a smooth transition, I often negotiate a 60-day closing period, giving you enough time to:
✅ Prepare your current home for sale
✅ List it on the market
✅ Secure a buyer and close the sale
One of my recent clients had their home listed with an offer in hand (plus a backup offer) before we even started house-hunting—ensuring a stress-free transition.
2. Make Your Offer Contingent on Selling Your Home
The last thing you want is to carry two mortgages at once! While it’s a seller’s market, making an offer contingent on selling your home is still reasonable. Many sellers in Westminster real estate are open to these terms, especially when structured properly.
3. Get Your Home Ready to Sell ASAP
From deep cleaning to staging, preparing your Westminster home for sale takes time. As soon as you’re serious about moving, start a checklist or reach out to a Seller Representative Specialist for a custom home-selling strategy tailored to the Westminster housing market.
Selling First? Set Yourself Up for Success
1. Secure Temporary Housing
If you sell before buying, you’ll need a place to stay during the transition. Consider:
🏡 Staying with family or friends
🏨 Booking a short-term rental or hotel
📍 Negotiating post-occupancy accommodations, allowing you to stay in your home for up to 60 days after closing while searching for your next property.
2. Be Ready to Buy When the Time Comes
Homes in Westminster and the Denver Front Range move fast! To stay ahead, have your financials in order:
💰 Mortgage pre-approval secured
📆 Defined budget and timeline
📝 A clear must-have list for your next home
Search homes for sale in Westminster here.
3. Know Exactly What You Want
The faster you identify your dream home, the smoother your transition will be. Work with a local Westminster buyer representative real estate expert (that’s me!) to streamline your search and find the perfect home quickly.
Let’s Make Your Move Stress-Free!
Buying and selling at the same time can be overwhelming, but with the right Westminster real estate agent by your side, you can maximize your sale and secure your dream home without unnecessary stress.
I’m Jennifer Stuckey, your trusted Westminster Realtor. With my expertise, I’ll help you navigate every step of the process, ensuring a seamless home transition.
📞 Call me today, and let’s create a strategy that works for YOU!