Should You Sell First or Buy First? How to Time Your Move Perfectly

by Cardon Benjamin VanOrman

Should You Sell First or Buy First? How to Time Your Move Perfectly

If you’re planning to move, should you sell your current home before buying the next one — or buy first?
It’s one of the trickiest decisions homeowners face, especially in a market like Northern Utah where homes can sell quickly but finding your next one can take time.

The right strategy depends on your finances, risk tolerance, and market conditions. Here’s how to decide which move works best for you.

Option 1: Sell First (Most Common Approach)

Selling first gives you clarity and control:

You’ll know exactly how much equity you have to work with.
You avoid carrying two mortgages at once.
You can negotiate your sale confidently without financial pressure.

Drawback: You may need temporary housing if your next home isn’t ready yet.
Tip: Negotiate a rent-back or extended closing so you can stay in your home for a few extra weeks while you buy.

Option 2: Buy First (For Fast Movers or Strong Buyers)

If you’re financially secure and can qualify for two mortgages temporarily, buying first offers comfort and convenience.
You can move into your new home before listing your old one — perfect if you want time to stage, paint, or make updates.

Drawback: If your current home takes longer to sell, you could face double payments for a period.
Tip: Work with your REALTOR® to price and market your existing home aggressively once you’ve secured your next one.

Option 3: List & Shop Simultaneously

For many sellers in Northern Utah, the best approach is a coordinated strategy — preparing your home for market while also touring new listings.
Your REALTOR® can help sync timelines so your sale and purchase align smoothly.

What’s Happening in Northern Utah’s Market

Inventory remains tight, which means well-priced homes often sell quickly. If you list strategically, you can often secure an offer before you even find your next property — giving you flexibility and confidence when you’re ready to buy.

Final Takeaway

There’s no one-size-fits-all answer. The best move depends on your financial comfort, your timeline, and the current market.
With professional guidance and good planning, you can transition smoothly — without the stress of being caught between two homes.