This past year, I've been working with several clients looking to buy and sell their home at the same time. On June 13th & 14th, I successfully timed selling and buying my own home and was "homeless" for one day.
While gymnastics was never 'my thing', this is the closest thing in real estate to "doing the splits!"
There are several strategies to buying and selling a home at the same time:
Buying a home first and selling second
Selling & renting back before buying
Selling first and buying second
Buying & selling simultaneously
Having a plan takes into consideration your financial stability, tolerance for risk and disruption, and the local market you are looking to buy & sell in (which varies neighborhood by neighborhood in NYC). Additionally important is developing a relationship with:
Your mortgage broker (if you plan on financing)
Your New York real estate attorney
And remember...life is like gymnastics...its better if you're flexible!
I work with buyers, sellers and landlords in Manhattan, Brooklyn & Queens, so please don't hesitate reaching out to me!