We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is a House Swap?

By Serena Norr
Updated May 17, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

There are a variety of choices for homeowners when they are seeking to sell their home. A house swap is one creative way to sell a home and acquire a new one, where homeowners can simply trade what they have for what they want.

Many people feel house swapping is the only answer as they have done everything they could to sell their home, including dropping the price and keeping their home on the market for a longer time. The actual house swap is contingent upon both parties making a sale at the same time. Since it is almost impossible to have two homes that attain the same property value, the sale will need to be evened out through an exchange of money from the party with the less expensive home. Both parties have to agree on this amount.

During this process those involved in the house swap may want to consult with a real estate attorney to ensure the price is fair and also contingent with the value on the market. Lawyers can also help set up contracts, so one party doesn’t back out of the deal. Though an advisable step, it is also an additional fee when swapping homes that isn’t normally associated with a traditional sale. Additionally, when closing a deal, house swappers should follow the same steps as if they were closing a deal in a traditional sale by adhering to inspections and letting the other party know of any damage and repairs needed to the property.

An actual house swap transaction can be a tough and lengthy process of back-and-forth communication with potential swappers. Even then, homeowners do not know exactly who they are dealing with, since they are essentially communicating with strangers and have to be wary of scams. There is also no legal recourse associated with a house swap if a deal falls through. Since a licensed realtor was not involved in the purchase, if there are problems with the house when a new owner moves in, there is little recourse.

Additionally, homeowners still have specific needs, in terms of what type of home they want and neighborhoods they want to live in, making it tricky to actually make a house swap. Many realtors suggest that homeowners shouldn’t solely rely on swapping to trade their homes. It should serve as an option, but one that is still considered too trendy to be accepted in the mainstream in lieu of traditional sales.

House swapping is a new and trendy alternative to exchange one’s home for another. A house swap isn’t for everyone though since it requires a time commitment, additional fees for lawyers, and the possibility of being susceptible to scams.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.

Discussion Comments

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.