Should I buy or sell first?

In this instalment of Real Real Estate Advice, Sales Executive Kiki Bermudez gives her advice on the question; Should I buy first, or should I sell first?

Kiki’s key information from the video can be summarised in the below dot points:

• The main driving factor is whether or not there are an abundance of properties on the market that match what you are looking for and within your budget.
• If yes, generally the recommendation would be to sell first as you can be confident that you will find a property to buy soon after.
• If no, generally the recommendation would be to buy first, but prepare your property for sale while you look.
• There are other factors to consider when making a decision like this, so please consult real estate and finance professionals

If you have any questions regarding your property situation, please contact us and we will be delighted to help.

Below is the full transcript of Kiki talking about buying or selling first.

Kiki:

“Hi, im Kiki Bermudez from Mint360property and welcome to another instalment of Real Real Estate Advice. Today we are going to be talking about a question that I often get from my clients, should I buy first, or should I sell first?

Great question. The driving factor behind it all is what properties are available for my client to buy at that time? If there is a continuous flow of properties that suit their needs that they can afford, after studying the market, my advice will be to sell first because the odds are that we are confident they are going to be able to secure the right property sooner rather than later.

On the other hand, if my client tells me what they’re looking for is not appearing very frequently, I’m going to be telling them to buy first. But whilst they’re looking, I’m going to be encouraging them to prepare their property so when the time comes when they purchase their home, we can advertise it for sale very quickly and they won’t be out of the market for very long at all.

Remember, there are also other factors in making an important decision like this. So, should you like to have a chat where we come up with the right solution and strategy for you, feel free to give me a call. Thank you so much for watching, bye for now.”