Are You Sure you Want To List Your Park With A Broker? The Traditional way may
Unfortunately, selling a trailer park is not easy or cheap.
Finding an experienced and skilled realtor or broker is the first challenge. Once this professional has been hired (at the cost of 6-10% of the final park sale price), the park must be shown to potential buyers.
Showings tend to make tenants anxious or annoyed; they ask questions and make complaints that you must manage.
Potential buyers possess eagle eyes that spot all issues, major and minor. With your realtor/broker, you will be involved in many negotiating decisions.
Inspections are part-and-parcel of the selling process. Structural inspections, termite inspections, roof inspections—these are just a few that potential buyers may require. Structures or systems that fail inspections must be repaired or upgraded before a sale can go through.
At the end of the process, when damages have been repaired and inspections passed, there is still potential for deals to fall through if appraisals don’t come in at the right figures or if buyers’ financing falls through.
It can take almost as much intestinal fortitude to endure the selling process as it does to manage and run the park itself.
Understand that most Brokers/Agents want to list your property for months just to figure out IF they can find a buyer. And if they do, like mentioned previously, you will still pay substantial commissions out of your profits and you’ve lost a substantial amount of time, sometimes it takes a year or longer to sell…This can be a very stressful, costly and time wasting experience.
We are professional mobile home park buyers and can provide you a quick, no obligation offer to purchase your property as-is and close quickly.
There’s Another (Easier) Way to Sell a Trailer Park