Realtor advice

We’ve been working with our realtor since March and we’re just now getting painters our next week to get everything ready, which I completely understand the delay as all painters & contractors are crazy busy right now.

We are at the point where we don’t know how we want to do this. Our realtor wants us to list and look at the same time, however we are pretty confident our place will go really quick. We live in a very desirable area in Chicago and the townhomes in our row are gone within a week during a “normal” market. That said, we absolutely do not want to be in a situation where we have to find something in a hurry. Our realtor did say that they have worked with clients who have put in a sale clause that they will “rent” from the buyer for X months in order to give them more time to look for the place they want to buy. Even that makes me nervous because what if you can’t find something that’s right (and for the record, we’re not looking for PERFECT, but we also don’t want to settle and be disappointed) then what?

I don’t want to make our realtor mad, but I’m at the point that I want to tell her that we would prefer to look and hone in on a place first and get that contingent, then list our place. I know that puts us in a weird place where ‘what if our place doesn’t sell quick and we’re stuck with two mortgages’ but we’d figure it out. The other thing I want to tell her, and might make her mad, we are OK with waiting this out. If we don’t find something that’s right for us during the spring/summer/fall, then we’ll wait it out until the season ramps back up again next spring. We really don’t want to do that, but with how insane things are now, the interest rates, etc, things just seem to be getting even worse than when the market started opening up again in February.

Tldr We’re having a call with our realtor this week to talk over listing/buying strategy and I feel bad that we may disappoint them and slow the process down.

submitted by /u/saintginger
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We’ve been working with our realtor since March and we’re just now getting painters our next week to get everything ready, which I completely understand the delay as all painters & contractors are crazy busy right now. We are at the point where we don’t know how we want to do this. Our realtor wants us to list and look at the same time, however we are pretty confident our place will go really quick. We live in a very desirable area in Chicago and the townhomes in our row are gone within a week during a “normal” market. That said, we absolutely do not want to be in a situation where we have to find something in a hurry. Our realtor did say that they have worked with clients who have put in a sale clause that they will “rent” from the buyer for X months in order to give them more time to look for the place they want to buy. Even that makes me nervous because what if you can’t find something that’s right (and for the record, we’re not looking for PERFECT, but we also don’t want to settle and be disappointed) then what? I don’t want to make our realtor mad, but I’m at the point that I want to tell her that we would prefer to look and hone in on a place first and get that contingent, then list our place. I know that puts us in a weird place where ‘what if our place doesn’t sell quick and we’re stuck with two mortgages’ but we’d figure it out. The other thing I want to tell her, and might make her mad, we are OK with waiting this out. If we don’t find something that’s right for us during the spring/summer/fall, then we’ll wait it out until the season ramps back up again next spring. We really don’t want to do that, but with how insane things are now, the interest rates, etc, things just seem to be getting even worse than when the market started opening up again in February. Tldr We’re having a call with our realtor this week to talk over listing/buying strategy and I feel bad that we may disappoint them and slow the process down. submitted by /u/saintginger [link] [comments]

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