Do I need to sell before buying?

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Diana Banks - Baserva

Date Published: 2021-08-11

The Real Estate Agent will ask you questions at the time of your hiring, such as:

  • Do you want to buy another property with the money you get from this one?
  • In case you are currently inhabiting the property, how long after the sale do you need to vacate it?

It is important to be completely honest with the Real Estate Agent because the good outcome of the transaction depends on this. If you do not have the money from the sale to buy another property, ask your Real Estate Agent to help you add a contingency in the offer and make it clear in the contract that the acquisition of the property will depend on the sale of your current property.

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Brief and simplified explanation of the process of selling a property...Step 1 - The Offer When the buyer has decided to buy your property, delivery of the Offer will occur. This is the legal mechanism used for the buyer to inform the seller that he or she is interested in buying the property

Defining the sale price of the property is of vital importance to start the sale process and it is at this point when the help of a qualified REALTOR® is vital.

A Real Estate Agent, besides supporting you in the purchase or sale of a real estate property, can also help you and offer you a large number of benefits such as the following :

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