Darren Dowling
If you’re a homeowner in Sarasota, Lakewood Ranch, Manatee County, or Charlotte County, and you’re planning a move, you may be asking yourself:
“Should I buy my next home first—or sell the one I’m living in?”
The answer? It depends on your unique situation, but local expertise matters more than ever. Working with a trusted Sarasota-area real estate agent can provide the clarity and strategy you need.
Here’s what you should know when it comes to selling and buying a home at the same time in Southwest Florida.
1. Tap Into Your Sarasota Home Equity
Thanks to consistent appreciation across Sarasota, Lakewood Ranch, and Manatee County, homeowners are sitting on significant equity. According to recent data from Cotality, the average homeowner has around $302,000 in equity—and many in this region may see even more.
Selling first allows you to unlock that equity and use it as a down payment on your next home—or potentially buy the next property outright in cash.
2. Avoid Carrying Two Mortgages
Trying to buy a new home in Charlotte County or Sarasota before selling your current one can lead to a tricky (and expensive) overlap. You might end up paying for two homes at once—something that adds financial stress and limits flexibility.
Selling first helps eliminate that risk and keeps your finances focused on your next move.
3. Stronger Offers in a Competitive Gulf Coast Market
Buyers in Lakewood Ranch and Sarasota are entering a competitive market. When you’ve already sold your home, your offer carries more weight—especially if it's non-contingent on a pending sale. Sellers are more likely to favor a clean, straightforward offer with no strings attached.
Your real estate agent can position your offer to be as strong as possible—crucial in a seller's market.
Here’s a simple visual that can help you think through your options (see below):
Selling before buying means you may face a brief period between homes. You might need:
A short-term rental in Sarasota or Bradenton
Temporary stay with friends or family
Negotiating a post-closing occupancy (where you stay in your sold home for a set time)
Flexible closing dates on both transactions
An experienced local agent can help smooth this transition and ensure you’re not left scrambling.
Want access to your equity now? → Sell first
Need a smooth transition without temporary housing? → Buy first (with agent strategy)
Need to sell quickly in Sarasota, Manatee, or Charlotte County? → Consult your agent
Selling before buying may not be right for everyone—but for many homeowners in Sarasota, Lakewood Ranch, and nearby areas, it’s the most strategic option.
It gives you financial freedom, stronger buying power, and less pressure as you search for your next dream home on Florida’s beautiful Gulf Coast.
Not sure where to start? Let’s connect. We’ll evaluate your current equity, local market conditions in Sarasota, Manatee, and Charlotte Counties, and your timeline to help you make the move with confidence.
A local guide for homeowners in Sarasota, Lakewood Ranch, Manatee, and Charlotte County navigating the dual move process.
Thinking About Buying a Home in Sarasota or Lakewood Ranch? Now May Be the Time To Act
You’ve got questions and we can’t wait to answer them.