Should I Market My Cheshunt Home Before Hunting for a New One?

One of the most common questions we hear from homeowners in Cheshunt is:

“Do I need to sell my home before I make an offer on another?”

The short answer? No, you don’t.
But should you? That’s a different story — and the answer is often yes.

Let’s break it down so you can make the move that’s right for you.

Selling First: Why It Can Give You the Upper Hand

Selling a property — even in a fast-moving market like Cheshunt — takes time. And while we’ll do everything possible to streamline the process, the truth is that many people don’t want to wait. They want to sell and buy with minimal fuss.

So when it comes to making an offer on your next home, how ‘proceedable’ you are could make all the difference.

What does “proceedable” mean?
It refers to how ready, willing and able you are to go through with a purchase. In other words, are you in a position to move forward quickly?

Here’s how sellers often view buyers, ranked by proceedability:

1. Top-tier buyers – Those who’ve already sold their home or are chain-free (like first-time buyers or cash buyers). These buyers are most attractive to sellers.

2. Middle-tier buyers – Those with a property on the market but not yet sold.

3. Lower-tier buyers – Those who haven’t yet listed their home.

A proceedable buyer often gets chosen over a higher offer that comes with delays or uncertainty.

The Advantages of Selling Before Buying

• More negotiating power – You’re in a stronger position to negotiate on your next property.

• Increased credibility – Sellers take you seriously. Your offer feels solid.

• Clearer financial picture – You know exactly what budget you're working with based on your actual sale, not guesswork.

• Faster progression – With no chain behind you, deals are more likely to complete quickly and smoothly.

The Pitfalls of Not Selling First

While you can still make an offer without selling, it’s important to be aware of the risks:

• You may miss out on your dream home – The seller may not be able to wait while you get your property sold.

• Uncertain finances – If your property sells for less than expected, it might throw your onward plans into disarray.

• Extra pressure – Trying to sell quickly under pressure can lead to compromises you’d rather avoid.

Can I Make an Offer Without Selling First?

Yes – but it’s important to manage expectations. Other buyers may be more appealing to a seller.

So if you're not on the market yet, here's what we recommend:

• Get your property valued now – A market appraisal will give you clarity.

• Speak to a mortgage adviser – Know what you can borrow and what you can offer.

• Be prepared to act fast – The sooner your home is on the market, the sooner you can compete.

Our Advice? Get Market-Ready First

If you’re even thinking about moving, speak to us sooner rather than later.

We’ll give you a free, no-obligation valuation and help you understand your position — so when that perfect property hits Rightmove or Zoopla, you’re ready to pounce.

At Woodhouse Property Consultants, we know Cheshunt inside out — from studio flats to executive homes. We’re here to guide you every step of the way.

Want to know what your Cheshunt home is worth?
Book your free market appraisal today or call 01992 637777.