Looking For Mobile Home Buyers In New Braunfels?
We Analyze The 3 Ways To Sell Your Mobile Home In New Braunfels, Tx
If you own a mobile home and are thinking about selling to mobile home buyers in New Braunfels , you have a number of selling options available to you. In this blog post, we’ll look at those 3 ways and break them down to help you determine which way is best for you.
For most people, owning a mobile home is the largest purchase of their lives. So it’s not surprising that the process of buying a mobile home or selling a mobile home can be extremely complex. More so if the home is located on private property. Less complicated if it is in a mobile home park because then it is titles as personal property. Either way if you have never done it before there will be a bit of a learning curve, but don’t worry, we can help walk you through it. 😎
Over the years, three mobile home-selling options have developed to allow mobile homeowners like you to sell to mobile home buyers in New Braunfels. As you think about selling your mobile home, you need to decide which way to sell is best for you, given your goals and timeline to sell.
Mobile Home-Selling Method #1: Sell Through A Real Estate Agent
This is the traditional way to sell your mobile home, so it’s also the most common. But, it really only applies if your mobile home is on private land. Realtors do not typically sell mobile homes in parks, because they are titled as personal property as opposed to real property, or real estate. In this mobile home-selling method, the mobile homeowner chooses a real estate agent who will list the house. Normally on the MLS, just like any single family home in a regular neighborhood.
The agent acts as a “middleman,” showing prospective home buyers in New Braunfels through your house until one of those buyers decides to buy. They’ll make an offer, the agent will negotiate on your behalf, and then you’ll close.
The timeline on this selling method can take months (the average is 3-6 months). Sellers who choose this method prefer to gamble on the timeline to do less work (the agent does the work) and with the hopes of selling at the market price. However, sellers who use this method will often need to spend money up-front to repair their house first, and then spend money after the sale on agent fees and commissions. There are also holding costs as you have to continue paying the mortgage and or lot rent, insurance, utilities etc while you wait. So just keep that in mind and be prepared.
Mobile Home-Selling Method #2: Sell On Your Own
This method of selling has grown up in response to a desire to save money on agent commissions. The process is very similar to the above method of selling but it’s done by the mobile homeowner themselves, and not by an agent. This is more common for mobile home in mobile home parks or manufactured home communities. Here at Journey Mobile Homes our first choice is to always purchase a mobile home outright for cash. However, sometimes we do offer a brokering service if a mobile home needs to be moved off of private land or if the home does not meet our buying criteria at that time. It’s a simple process and there is no commission. We simply agree to a cash price, sign a purchase and sale agreement with the seller, then we handle the marketing, showing, closing paperwork etc. The seller then receives a Cashiers Check for the agreed amount at closing. We normally get this done in under 30 days.
If doing it on your own, the mobile homeowner lists their house, shows it to prospective buyers, negotiates with the buyer, and closes the deal.
There are a lot of similarities – the timeline is usually the same and the mobile homeowner will still have to pay up-front for repairs on their mobile home to make it sellable. Sellers who choose this method don’t mind the extra work involved in showing their house; they usually choose this method to save money on commissions.
Mobile Home-Selling Method #3: Sell Direct To Mobile Home Buyer In New Braunfels
This method of selling is gaining popularity as mobile homeowners look for a third way to sell. This process is very different – it’s also faster, easier, and doesn’t cost the mobile homeowner anything (so it’s not surprising that this method is gaining popularity).
Rather than listing and showing the house or negotiating, the mobile homeowner simply sells their house direct to a professional mobile home buyer in New Braunfels with cash and who is ready to buy the mobile home as-is right now. 🤯
It’s faster – the buyer has money and is ready to buy; it’s easier on the seller – there is no expense or effort to repair the mobile home before it’s sold; and it doesn’t cost the mobile homeowner anything – professional mobile home buyers (like what we do here at JourneyMobileHomes) usually pay closing costs and fees. If this interests you reach out anytime at the number below and ask for Eric or Paul.