You want to sell your mobile home and you’re looking forward to putting some money in your pocket. But did you realize that selling your mobile home may mean you have to PAY money? In this blog post, we break down what are the different fees paid to agents vs paid to investors…
It’s true… selling your mobile home can sometimes mean that you have to pay. (This isn’t always the case but it often is.) We want you to know about the different fees you have to pay because this information may help you decide whether to work with an agent or to sell your mobile home directly to an investor.
What Are The Different Fees Paid To Agents Vs Paid To Investors? — Agent Fees
An agent is a salesperson and they will try to find a buyer to buy your mobile home. In order to do this, they will list your mobile home in a listing service and use various marketing efforts to try and find a buyer.
So you’ll end up having to pay some fees to the agent. Those fees usually include a commission if they can sell the mobile home (this is the highest amount of money you’ll have to pay and it’s often about 6% of the sale price of the mobile home or about $6,000 for a $100,000). There may be other fees you have to pay as well, and these might include different advertising fees or other costs associated with selling your mobile home. There might be a fee to list your mobile home, or there might be a fee to the agent’s brokerage or there might be a fee to get a sign in front of your mobile home or there might be a fee for the title company… the list goes on and on. You can ask the agent about these and they should tell you.
What Are The Different Fees Paid To Agents Vs Paid To Investors? — Investor Fees
This is the part that surprises most mobile home-sellers: for most investors, there are rarely any fees to cover. Investors will usually take care of all fees associated with selling. Plus there’s no commission to pay because they’re not agents so they’re not listing your mobile home. You might be responsible for closing costs but this depends on the investor so make sure you ask the investor who pays for those costs.
The One “Fee” You May Not Be Thinking Of
There’s one more cost (“fee”) that you might not be thinking of: when you work with an agent, they’ll get you to fix up your mobile home, and then you’ll have to pay bills and taxes for as long as it takes the agent to find a buyer. So although this isn’t a fee to the agent, it’s a cost you’ll have to pay because of the agent… yet when you sell the mobile home to an investor, they buy quickly and as-is so you end up saving the cost to fix up your mobile home as well.
So what’s right for you? It depends on how much you’re willing to pay and how quickly you need to sell your mobile home.
If you want to go over this in more detail or confirm that we won’t charge you any fees if you sell your mobile home to us then please get in touch and we’ll be happy to walk you through it.
We’re happy to give you more information about our buying process and to share with you exactly how it all works. Click here and enter your information or pick up the phone and call us at 337-508-0795.
- Are you worried about the repossession?
- Does the property need more repairs than you can make?
- Did you inherit a mobile home you don’t want?
- Are you tired of expensive lot fees?
- Are there bad tenants you can’t get rid of?
- Do you own a mobile home that is sitting vacant?
- Do you have liens on the property?
- Do you need to sell your mobile home fast?
If your mobile home needs a lot of repair before selling and you want to do DIY repairs to your mobile home to save money, we recommend this Book. Also, here are the Best Mobile Home Parts and Supplies we recommend, and the Best Tools for Making Mobile Home Repairs.
No matter why you need to sell your mobile or manufactured home in Lafayette, LA we can help you! Get a cash offer today.
Or if your mobile home needs to be moved. Get a free quote now.
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Our Values…
Return phone calls and close on time.
INTEGRITY: We do what we say we will do. No surprises at closing!
SPEED AND CONVENIENCE: If you need to sell quickly and are willing to take a reduced price for speed and convenience…WE CAN HELP YOU! If you want the total retail value of your home and can wait to sell it…a better option is to get a realtor. Our specialty is speed and a hassle-free buying process!
We get things done! Our team is proactive, anticipating and solving problems.
Place a high premium on transparency and accountability.
RELATIONSHIPS: We value long-term and mutually beneficial relationships with mobile homeowners looking to sell, ancillary service providers, park owners, contractors, and REALTORS®.
COMMUNICATION: We speak respectfully, openly, honestly, and promptly.
PROFESSIONALISM: Our team is focused on our responsibilities to serve homeowners looking to sell professionally.