Buying in ColoradoSelling Your Home May 21, 2025

Should You Buy or Sell First in Colorado?

🏠 Should You Buy or Sell First in Colorado?

If you’re planning to move — whether you’re upgrading to a larger home or downsizing into something easier to manage — there’s one big question most Colorado homeowners ask:

Should I buy first or sell first?

In a fast-moving market like Colorado’s, timing both can feel overwhelming. But with a clear strategy and a good understanding of your options, you can make it work — without losing sleep (or money). Let’s walk through the pros and cons of each approach and the key factors to help you decide.


Option 1: Sell First, Then Buy

This is the more traditional route — and for many people, it’s also the safer option financially. Here’s why:

✅ Pros:

  • You know exactly how much equity you’ll have to put toward your next home.

  • You won’t be paying two mortgages at the same time.

  • If needed, you can rent temporarily or stay with family/friends while you shop for your next home with no pressure to rush.

❌ Cons:

  • You may feel rushed to find your next home, especially in a low-inventory market.

  • Renting in between moves can mean extra expenses, short-term leases, and moving twice.

  • It can be emotionally stressful to be “in between” homes — especially with kids, pets, or large families.


Option 2: Buy First, Then Sell

Some people prefer to lock in their next home before putting their current one on the market. This strategy can work — but it requires careful planning and solid financials.

✅ Pros:

  • You can take your time finding the right home without rushing or settling.

  • There’s no need for temporary housing or storage, making for a smoother move.

  • You can stage and show your current home without living in it, which may help it sell faster and for more money.

❌ Cons:

  • You’ll likely need to carry two mortgages (at least temporarily) unless you use a bridge loan or home equity line.

  • If your current home takes time to sell, it could strain your finances.

  • Not every buyer qualifies to purchase before selling — especially with tighter lending guidelines.


Option 3: List with a Contingency or Use a Rent-Back

In today’s Colorado market, buyers and sellers are getting creative. There are a couple of middle-ground strategies that might work for you:

🔁 Use a contingent offer:

This means you make an offer to buy a new home only if your current home sells. In slower markets, this is more commonly accepted. In hotter markets, sellers may prefer non-contingent offers — so it depends on timing.

🏡 Ask for a post-closing occupancy agreement (rent-back):

You sell your home, but stay in it for a few weeks after closing while you shop and move into your next one. This is a great option if the buyer is flexible and you’re close to finding your next home.

What’s Happening in Colorado Right Now?

The Colorado real estate market is shifting — and it’s not the same everywhere. In some parts of Colorado Springs, we’re seeing early signs of a buyer’s market, while other neighborhoods remain competitive and seller-friendly.

That’s why every move should be customized. Some buyers may have room to negotiate, ask for concessions, or take more time to shop. Others, especially in high-demand areas, still need to move quickly and submit strong offers.

The key is understanding what’s happening in your specific area — and adjusting your strategy accordingly. That’s where having a local agent (hi, it’s me 👋) who understands the nuances of each neighborhood really matters.


So, What’s the Right Move for You?

Here are a few questions to consider:

  • Do you need the equity from your current home to buy your next one?

  • Can you qualify for a new mortgage while still owning your current home?

  • Are you comfortable moving twice if needed?

  • Is the market in your area moving quickly or slowing down?

  • Are there homes available in the area you’re hoping to buy in?

If you’re not sure where to start, that’s what I’m here for. I help clients evaluate their financial position, market conditions, and personal goals to create a plan that works — whether that means buying first, selling first, or using a creative combination of both.


Final Thoughts

There’s no one-size-fits-all answer when it comes to buying and selling at the same time. What matters most is your comfort level, timeline, and local market trends. With a little planning and guidance, you can make a smooth move — and I’d be honored to help you through it.

Whether you’re moving up, downsizing, or relocating across town, let’s make a plan that works for you.