Which comes first the listing or the buy?
You are feeling cramped in the home that once was perfect, whether having another baby, or an older child moving back home, or maybe even a parent or other family member joining the ranks. Or maybe the JUST living space is fine but with our new normal you are both working from home and the kids need space to do their online classes and homework.
Hi! I’m Sherri Echols, Broker Associate with RE/MAX Bryan College Station. I’ve worked in College Station, TX 77845 and Bryan, Texas 77802 for over eleven years. Setting up work in the dining room or family room is just a hassle and often these spaces have too many distractions. Over The last year, it has become apparent that you just need more space, a bigger house with a dedicated office, maybe even another flex room for learning and earning space. The catch is, you are not alone! Lots of people are in the same situation looking for the same things and inventory is low. That is a great thing when it comes to selling your house!
But what about finding a new one that meets your needs better? Navigating a busy seller’s market with low inventory can be a real challenge. How do you coordinate selling and buying at the same time? Should you list first or find a new house first? I’ve been helping people sell and buy in the Bryan – College Station area for over eleven years and have helped many clients navigate successful transactions just like this. In a seller’s market, sellers probably won’t accept any contingencies. Especially if your current home isn’t even listed yet. There are some great options for you as a seller though, one is a seller leaseback. This means you stay in the house after closing for a negotiated amount of time so you can find and close on your new home. Another option is to extend the escrow period, meaning close in 60 days instead of 30 to give you a little more time on your buying side. These ideas can also be helpful when strategizing the offer you make on the new house.
If you’re thinking of buying and selling in (College Station, Texas 77845 or Bryan, Texas 77802 my team and I would love to assist you. Always reach out for any advice or feedback as we’re here to help. I’m your Community Market Leader Sherri Echols, a helping hand for a happy home.