For homeowners ready to upsize, downsize, or relocate, one big question often arises: Should I buy my new home before selling my current one? Traditionally, many opt to sell first to free up equity and avoid carrying two mortgages. But according to California Realty Management Group, with competitive markets and innovative financing solutions, buying before selling is becoming a smarter, more strategic option—especially when backed by programs like HomeLight’s Buy Before You Sell.
The Perks of Buying First
One major advantage is avoiding a rushed or compromised home search. When you’ve already sold your home, you might feel pressured to settle quickly. Buying first gives you the time to find the right fit. It also prevents the hassle of temporary housing or double moves, which can be expensive and stressful.
From a financial standpoint, making a strong, non-contingent offer can give you an edge. Sellers are more likely to choose buyers who don’t need to wait for another home to sell. According to HomeLight’s 2025 Lender Insights & Predictions, 71% of loan officers noted that buyers are increasingly willing to take bold steps to secure homes—including embracing creative financing solutions. Buying before selling fits that bold-but-smart mindset.
How Buy Before You Sell Helps You
Buy Before You Sell Program simplifies what can otherwise be a complex process. Here’s how it works (as outlined by HomeLight):
- Access Your Equity Early: HomeLight evaluates your property and lets you unlock available equity to use toward your next purchase through their affiliated lender, HomeLight Home Loans, Inc.
- Buy Without a Contingency: With that equity, you can make a strong offer on your dream home—no need to tie it to the sale of your current one.
- Sell on Your Terms: Once you’ve moved out, your agent can list and market your previous home without the chaos of daily living. A clean, staged, vacant home attracts better offers.
A Strategy That Works
This approach is not only about convenience but also about maximizing outcomes. According to the NAR’s 2024 Profile of Home Buyers and Sellers, 79% of buyers consider homeownership a good investment. It is no surprise that more people are adopting smarter methods to navigate the buying and selling process.
If you’re confident in your financials and have the support of an experienced real estate agent, buying before selling can offer flexibility, control, and peace of mind. It allows you to take your time finding the perfect home without the pressure of an impending sale. Additionally, it can prevent the inconvenience of temporary housing or rushed decisions in a competitive market.
