Kevin Kinney

For most relocations it comes down to two practical questions. First: how fast can you realistically sell your current home? That's not luck aEUR" it's condition and price. A home that's in ready-to-sell shape and priced to the real comps tends to move; one priced to a hopeful number sits, even when the market favors sellers. Second: can you make a contingent offer on the new place aEUR" buying it conditional on your sale closing? When your home is likely to sell quickly, more sellers will accept that contingency, which lets you line up the next home without carrying two mortgages. That's the combination that solves the two-property worry: a home that's list-ready and priced to the real comps, paired with a contingent offer on the other end. We've got a client working through exactly this right now aEUR" and the first thing we nailed down was getting the home ready and the pricing right, because everything else follows from it. Happy to talk through how it would sequence for your situation, especially if either side of the move is here in Northern Nevada.

The first thing that drives every other decision is how much time is left on the lease aEUR" because in most cases the lease transfers with the property. Whoever buys it takes the tenant and the existing terms along with it. A long remaining term narrows your buyers to investors, who price the property as an income stream rather than a home, and are shopping for a deal. A short or nearly-finished lease lets you deliver the home vacant, make the updates that matter, and sell to the full buyer pool aEUR" owner-occupants included aEUR" which is usually where the stronger price comes from. So when there's real time left on the lease, the move we'd often recommend is to negotiate with the tenant first aEUR" offer them a reasonable sum to move out early aEUR" then make the necessary updates and bring it to market vacant. It has to be by agreement, not a forced exit, so the conversation and the numbers matter. Along the way, plan for proper showing notice and for the deposit and lease to transfer to the buyer at closing. Happy to map out the sequence for your situation if the property is here in Northern Nevada.