Buying a new home after selling your existing one can feel daunting—especially in Sydney’s competitive property market. As a trusted buyer’s agent in Sydney, I recently helped a lovely couple navigate this tricky process after they sold their Mosman property at the top of the market.
They were feeling anxious about not having a new home lined up before Christmas. My advice? Rent a temporary place to reduce stress while we searched for the perfect new home. Despite media reports of the market cooling, the Lower North Shore remained hot and competitive.
The Challenge: Finding the Right Home After Selling
- The couple’s brief was clear:
- A low-maintenance home on the Lower North Shore
- Relaxed feel, close to shops and transport
- Budget around $3 million
Many people struggle with buying after selling, as they often feel pressure to make quick decisions. I always remind my clients that taking a little extra time can make a big difference in finding the right property.
How a Buyer’s Agent Makes a Difference
My approach is to leverage market knowledge and strong industry connections to find the best options—both on and off the market. In this price range, even with talk of a market cool-down, properties were still highly sought after.
Working with couples means making sure both parties feel heard and that the final choice suits them both. Communication and collaboration are key to a successful outcome.
Finding the Ideal Property
I found out about a property that wasn’t yet listed—a rare find in their current suburb that ticked all their boxes. I arranged a viewing, and once John and Lynne saw it, they were on board.
Next came the challenge of securing it before auction. This required not only making a competitive offer but also arranging a simultaneous settlement. This way, the sale of their old home and purchase of the new one would complete on the same day—avoiding the need for costly bridging finance.
The Negotiation Process
Having strong relationships in the industry gave us an edge. The selling agent and I had a good rapport—I had sold her mother’s house years ago. This helped when pushing for a pre-auction bid.
When negotiating in a hot market, I always:
- Clarify the agent’s approach: Do they disclose offers? Is there a set deadline?
- Stay flexible: Be ready to adjust based on new information.
In this case, the agent set a bidding deadline. I submitted our offer just above the competition’s and secured the property—along with the crucial simultaneous settlement.
A Happy Ending: Smooth Transition and a New Home
John and Lynne were thrilled with the outcome. Here’s what they said:
“You gained our trust from the first meeting with your open style and deep knowledge of the property process. Your commitment, availability, and insights made our buying journey stress-free. We couldn’t be happier with our new home. Thank you!”
Buying after selling can feel overwhelming, but with the right buyer’s agent on your side, you can navigate the process confidently and smoothly.
Ready to Buy After Selling? Let’s Make It Happen
If you’re planning to buy a new home after selling, let us guide you through the process. Call us at 0420 671 961 to get expert advice and support for your next move.