Last year my husband and I decided to sell our home and find something more suitable for our growing family. Dakota was three years old and we wanted to start trying for our second child. Knowing the challenges of having a newborn, we wanted to be in our new home before going through it again.
The home we were in was the first home either of us had owned and it was emotional to think of leaving. It was as if we were leaving a part of ourselves behind. We weren’t focused on having kids when we bought it, so resale value and having a backyard weren’t priorities. Like most newlyweds, we focused on what we could afford and whether we could walk to cafes and bars. Our lives had changed so much and now we needed a different type of home altogether.
The first thing you feel like doing when you decide to upsize your home is starting the search for your new house. If you’re anything like us, the first thing you actually have to do is find an agent to sell your current home. We couldn’t afford to buy our new home until we knew how much our current house would sell for. We had no idea what we would be able to spend. It was critical we get the right price so we could buy the type of home our family could live in until the kids were grown. It seemed like everything was out of our control. There were so many unknowns. We felt fearful and uncertain of how to move forward. What would we do if our home sold before we had found something we wanted to buy? We were hoping not to have to find a “gap” home, or rental, between selling and buying, but it was likely we would have to. The other issue for us was time. We were in a hurry to get settled in our new home so we could continue with our plans for a second child. Our lives felt like they were on hold until we sold our house. You also don’t know going into the process how long it will take to sell your home, so holiday and social plans are put on hold for the foreseeable future.
Nevertheless, we forged ahead knowing the time was right. Once we chose an agent and arrived at a comfortable listing price, I had to think about how to stage the house for inspections. You would think this would be the easy part, but with a toddler who loves to pull all her toys out at once, it can be a full time job.
At the end of the day, we did end up having to rent a house after our first home sold. There were certain aspects of the process that we had to accept took a lot longer than we’d hoped. Throughout the entire experience I kept feeling like there must be an easier way to do this. I’m happy to share that I recently found out about a company that agrees with me. They’re called Brickfloor and they streamline the entire process of selling your home. They actually give you a guaranteed price for your home so you can lock in the value from the very beginning! Do you have any idea how much freedom that gives you to feel confident in buying your new home? What’s even better is if your house ends up selling for more at auction, you take the higher price and keep the upside! You cannot lose regardless of how things turn out. You can also use their price guarantee as leverage to drive the price up at auction.
The simple fact is if we would’ve worked with Brickfloor on selling our first home, we could’ve bought our ideal larger home. Having a guaranteed sale price changes the upsizing game entirely. It enables you to have confidence in how much you can afford to spend on your new home so you aren’t operating in the dark.
My hope in writing this article is to spare people the challenges we went through. I’m grateful at least to know that when our kids are grown and we’re ready to downsize, Brickfloor will be there to make the selling experience simple.