buy then sell, or sell then buy?
When moving from one home to another, what's the general order of events? Do you find the new house, then list your current home, or vice versa?
We were told by a broker that we need to list our home and obtain a buyer before finding our next home and putting an offer on it. The broker said that if we put an offer on a home with a contingency to sell ours, that we'd lose all bargaining power.
We're content in our current home, and had only started looking to see if that next perfect house is out there. We're afraid if we list our home first, then the clock would be ticking to find another home, and we may end up being forced to settle for second best.
thoughts, opinions, and experiences?