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The simultaneous buy-sell

What happens if I can't sell my current home fast enough?

Answered byChris DeutschLicensed MN Realtor (MN #20382264)
Direct Summary (TL;DR)

This is the fear that keeps every buy-sell client up at night. And it's a reasonable fear — if you don't have a backup plan.

**Here's your three-step safety net:**

**Plan A: Price it right from the start.** The #1 reason homes don't sell? They're priced too high. I price to create competition, which usually means pricing slightly below what the seller 'wants.' A home that's priced right sells in 2-3 weeks. One that's priced high sits for 2-3 months.

**Plan B: Reduce price quickly if needed.** If we haven't had showings in 10 days, we adjust. No ego. No 'let's wait and see.' The market told us something, and we listen.

**Plan C: Temporary housing bridge.** If your new home closes before your old one sells, you have options: - Short-term rental (extended stay hotel) - Storage unit for belongings - Negotiate a delayed possession on the new home - Bridge loan to carry both payments temporarily

**The mistake I see most often:** Sellers list too high because they 'need' a certain number to make the buy work. The market doesn't care what you need. Price it right, sell it fast, move on with your life.

In 25 years, I've never had a client who priced correctly fail to sell. The ones who struggled all had one thing in common: they priced based on what they wanted, not what the market said.

I wrote this answer, and I stand behind it. I'm Chris Deutsch, a Minneapolis Realtor (MN #20382264). Twenty-five years of walking these neighborhoods, checking basements, and sitting across kitchen tables from people making exactly this call. I re-check every answer and date it — this one was last verified .

If your situation is more specific than the market, that's the one worth talking through. Email me at chris@lakesarearealty.com.

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