Harry's Selling Solutions
Buy Your Next Home Before You Sell
Unlock your current home's equity to secure your next home. Move once, skip the temporary housing, and sell your empty home for top dollar on your timeline.
Who This Option May Help.
The Trade-In program is designed for homeowners who have built equity but need to leverage it to purchase their next home. It removes the friction of timing the market perfectly.
Growing Households
Need more space but can't keep your house perfectly clean for showings with kids and pets running around.
Move-Up Buyers
Found your dream home in a competitive DC Metro Area neighborhood and need to make a strong, non-contingent offer.
Equity Rich
Have substantial equity tied up in your current home that you need to access for your down payment.
How the Process Works.
A straightforward path from your current home to your next home.
- 01
Get Approved & Unlock Equity
We evaluate your current home to determine its value and unlock a portion of your equity upfront. You also receive a firm backup offer for your current home, giving you peace of mind.
- 02
Buy Your New Home
With your equity unlocked, you can make a strong, non-contingent offer on your next home. You buy and move into your new house on your schedule.
- 03
Prepare & List Your Old Home
Once you've moved out, we prep, stage, and list your empty home on the open market to attract maximum buyer interest and secure the highest possible price.
- 04
Sell & Settle
When your old home sells, the initial equity advance and any program fees are settled from the proceeds. You keep the remaining profit.
The Benefits and the Considerations.
The Benefits
-
Move Once
Avoid the hassle and expense of temporary housing or moving twice.
-
Stronger Offers
Make non-contingent offers on your next home, giving you an edge in competitive markets.
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Skip the Showings
Sell your old home after you've moved out, keeping your daily life disruption-free.
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Firm Backup Offer
Enjoy the certainty of a firm, contracted backup offer if your home doesn't sell on the open market.
The Considerations
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Program Fees
There is a convenience fee associated with the Trade-In service, typically structured as a percentage of the sale.
-
Qualification
Your current home must meet certain criteria and equity thresholds to qualify for the program.
-
Market Risk
While you have a firm backup offer, selling on the open market still carries typical market dynamics regarding final price.
How Does It Compare?
| Feature | Trade-In | Traditional Listing | 14-Day Sale |
|---|---|---|---|
| Buy Before You Sell | Yes | No | No |
| Showings While Living There | None | Many | Condensed |
| Contingent Offers Needed | No | Often Yes | Often Yes |
| Firm Backup Offer Included | Yes | No | No |
| Final Sale Price | Market Value | Market Value | Maximum |
Every home and every seller is different. We will walk through your numbers together so you can decide whether the Trade-In is the right path for your situation.
Harry's Perspective
A Strategic Path Forward
“One of the biggest hurdles for sellers in the DC Metro Area is the fear of being homeless between selling their current house and finding their next one. The Trade-In option removes that fear entirely.”
“By unlocking your equity first, you become a powerful, non-contingent buyer. You get to secure your new home, move out on your schedule, and let us sell your old home vacant, which often results in a better presentation and a higher final sale price.”
“It's not the right fit for everyone, but for those who value certainty and convenience, it truly transforms the equation.”
32 Years Experience | A.I. Certified Agent | Local Expert
Frequently Asked Questions.
How does the Trade-In program work?
The Trade-In program allows you to leverage the equity in your current home to purchase your next home before you sell. We unlock a portion of your equity upfront, you buy and move into your new house, and then we prepare and sell your old home on the open market.
Do I need to carry two mortgages?
No. The program is specifically designed to prevent you from paying two mortgages at once. You unlock your equity upfront to secure your new home, and the financials are settled once your original home sells.
What happens if my current home doesn't sell?
As part of the program, you receive a contracted firm backup offer for your current home. If it doesn't sell on the market within a specified timeframe, it can be purchased at the agreed-upon backup price, so you're never stuck with two homes.
Who is eligible for the Trade-In option?
Eligibility is based on the location and condition of your current home, as well as the amount of equity you have. We can quickly determine if your property qualifies during a brief, no-pressure consultation.
Is this option available in the DC Metro Area?
Yes, the Trade-In program is available for qualifying properties throughout the DC Metro Area.
Ready to Make Your Move?
Let's find out if the Trade-In program is the right strategy for your situation. Schedule a free, no-pressure call to map out your best path forward.
Call or text Harry at 301-960-7194
eXp Realty LLC, brokerage line 833-335-7433
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