It is totally possible to ask sellers to accept your offer to buy their home subject to you successfully selling your existing home.
You don't have to wait to sell your home before entering a contract to buy a new home. However, you do need to do one very important thing if you want the seller to accept your offer. Your home must be listed for sale in MLS. Otherwise, sellers will believe you are not a committed buyer, and they will tell you to come back when you are serious.
This is a strategy that hasn't been used much in recent years because of the Sellers' Market but now that we have returned to a more balanced market we are starting to see it again.
You can find great local Toronto, Ontario real estate information on Localism.com Frank Bott is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
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