Finding a Real Estate Agent That Sells Mobile Home Parks
A real estate agent that lists mobile home parks will be able to place your mobile home on the MLS. Here are some of the benefits of using a realtor to sell your mobile home park:
- You don’t have to worry about the cost of inspections, as that gets passed onto the buyer.
- Depending upon where the park is located, the realtor will use their network of buyers to sell the property.
- A realtor might often be able to get you the selling price that you are looking for.
Some of the biggest drawbacks of using a realtor include a longer selling time and having to make upgrades to the property if there are any issues during the inspection. If the trailer park is in a rural area, you may have a hard time selling the property quickly.
Selling Your Mobile Home Park On Your Own
Selling a trailer park on your own is often an enticing way to sell the property if you have a few select buyers in mind. Typically, anywhere from 4% to 8% of the realtor’s commission price can be saved.
Selling a mobile home park on your own, however, can be challenging. If you don’t market the property correctly, you miss out on the competitive process that a broker brings. Without knowing how to market a property, you might not have a strong probability of selling the property at a desirable price point. Additionally, without background in selling, you run the risk of the buyer renegotiating to a price point that they want.