The first step in selling your mobile home fast is to determine whether your home is considered real estate or personal property. A mobile home that sits on land you do not own is considered personal property, whereas a mobile home that is properly secured on land you do own is considered real estate.
The differences are key to note as they determine how your home can be sold. A mobile home that is considered personal property is similar to selling a vehicle, while a mobile home that is considered real estate is similar to selling other single-family homes.
Selling Your Mobile Home as Personal Property
Those who own a mobile home but not the land are likely living in a mobile home park. When selling your home, the park owner will need to be involved as they have a major say in who you can sell your home too. In addition, the owner has the right to the first refusal, meaning they have the right to buy your home by matching the price a prospective buyer has offered. If they don’t exercise this right, you’ll need to ensure that your buyer is capable of meeting the rules and regulations of the mobile home park.
Selling Your Mobile Home as Real Estate
When the sale of your mobile home comes with land, you don’t have the added burden of ensuring the next owner meets the rules and regulations of a mobile home park. However, the process is more difficult than selling your home when it falls under personal property.
Price Your Mobile Home Correctly
It’s important to price your mobile home at an accurate value. Overvalued or undervalued homes are passed over by prospective buyers. Value is based on whether or not you own the land your mobile home is on, and the condition, type, and age of your mobile home. Read this
blog post to find out how much your mobile home is worth. (Link this sentence to the how much is my mobile home worth blog post I’ll write.)
Selling Your Mobile Home On Your Own
It’s possible to sell your mobile home on your own, but be prepared to take on all the work a realtor would normally be assigned. When it comes to paperwork and advertising your mobile home, that will be up to you. Depending on the market, your ability to advertise to the right
people at the right time, and other factors, the timeline for selling your mobile home could stretch further than you’d like.
Tip: If you rent in a mobile home park, speak with your park owner. They may have some ideas on how to advertise your home for sale.
Using a Realtor to Sell Your Mobile Home
A realtor has experience selling and buying homes and can guide you through the process. Selling anything can be a stressful and confusing process—especially when it happens to be the most expensive thing you own.
In addition to their experience, realtors have access to the multiple listing service (MLS) that non-realtors do not. Your realtor will list your mobile home on this website and buyers working with realtors will be able to see your listing on the MLS. Your realtor should advertise your
mobile home in other ways as well and use their contacts to find potential buyers.
Just like when selling your home on your own, there is no guarantee your home will sell in a certain amount of time. It could sell quickly or it could take many, many months.
Note: Realtors can only help you sell your mobile home if it on land you own. (I’m not 100% sure this is true. I couldn’t seem to find a definitive answer. If not correct I’d just remove this note altogether.)
Tip: When looking for a realtor, find someone with experience selling mobile homes. There are differences between the sale of mobile homes and frame homes, and a realtor experienced in mobile home sales will know these differences.
Sell Your Home to a Licensed Mobile Home Retailer
This is, by far, the fastest guaranteed way to sell your mobile home. Instead of relying on the market trying to find an individual buyer, look into selling your home to a mobile home retailer.
EZ Mobile Home Buyer will purchase your home in its current condition wherever you’re located. You’ll receive an all-cash offer with no financing contingency and EZ Mobile Home Buyer will close the sale within two to three days.
Worried about all the paperwork involved with selling a mobile home? Don’t be. EZ Mobile Home Buyer will handle all the paperwork on your behalf. And if you’re living in a mobile home park, EZ Mobile Home Buyer will communicate with your park owner to streamline the process and make things simpler for you.
If you want to sell your mobile home quickly and without headache, a mobile home retailer may be your best option.