3 Things You Never Knew About Selling Your Mobile Home

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“There are things I don’t know about selling my mobile home?” Yes! Get ready, because today your preconceptions about selling a mobile home are about to be shattered. We hope that after this you’ll be better equipped to take on the challenge of selling your home. Increasing your knowledge base adds tools to your mobile home selling toolbox.

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#1 Mobile homes can be personal property or real property.

A frequently asked question among mobile home owners is whether their mobile home is personal property or real property. And what’s the difference between the two?

Basically, personal property is anything that can be moved, like a refrigerator, a piano, or (you guessed it) a mobile home. Let’s say you rent a lot in a mobile home park. You want to sell your old mobile home, have it removed, and get a new one. Both of those mobile homes are considered “personal property” because they can be moved and are subject to ownership.

But what if you own the piece of property your mobile home sits on, and you want to sell the home and the property together? When this is the case, you may well be dealing with a mobile home that’s classified as real estate. Although we don’t have time today to go into all the details, be aware that it is harder to sell real estate than it is to sell personal property. There are many differences between the two, so do your research!

#2 You don’t need a realtor to sell your mobile home fast.

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It’s true: you don’t need a realtor to sell your home fast. Did you know that selling your home to a mobile home buying company is usually the fastest way to get it off your hands? Buying companies are always looking for good deals, and their objective is to buy and sell mobile homes as fast as possible. The faster the transaction, the more money they make.

So if you’re looking to sell your mobile home fast, you don’t need to go to the trouble of finding a realtor and paying their fee. Instead, reach out to a company that buys and sells mobile homes today and start negotiating a deal!

However, if you’re not interested in working with mobile home buying company, or if you’re selling a mobile home that includes land, we recommend hiring that real estate agent. There are many perks to having a real estate agent on your side. Real estate agencies have a lot of resources, and they do all the advertising. Plus, they may already have a client or two who are looking for a property like yours!

#3 It’s possible to make up for depreciation by adding value.

Deprecation is a huge concern when selling a mobile home. Deprecation happens when a mobile home loses its resale value. And mobile homes depreciate fast. Much faster than normal real estate. This can be caused by your inability to give the home proper upkeep, but more often it’s due to normal wear and tear, market fluctuations, and location.

Probably the biggest factor in the depreciation of mobile homes is location. What if your mobile home park has become increasingly run-down since you moved in, or if crime rates have gone up in the area? Or maybe your home is just not in one of the hot real estate areas of town. That’s not your fault, and it’s hard to do anything about those situations. But these complications do bring down the resale value of your mobile home. And that means it’s even more important that you find ways to add value to your mobile home. 

Adding value to your mobile home

Here are a few great ways to can make up for depreciation in your mobile home:

Potted flower plants

  • Invest in energy efficiency. Mobile homes aren’t the most energy-efficient buildings on the planet! And that’s no secret. Installing new windows, insulating the inside of your home, or installing high-quality insulated skirting can up your chances of making a good impression on buyers.
  • Move your mobile home to a beautiful piece of property and watch the offers pour in! A location change with the prospect of buying both a beautiful mobile home and a gorgeous piece of land can garner a lot of interest.
  • Replace old siding, paint your front door, repair the roof, and bring in some landscaping. A trendy paint color and some fresh green shrubs will improve your curb appeal and attract buyers.

Know more, sell better

Your arsenal of mobile home knowledge now contains three things you never knew about selling your mobile home. Remember, knowledge is power. We encourage you to browse our blog for tips on everything from getting top dollar for your mobile home to hiring a lawyer to help you complete the sale. We at EZ Homes firmly believe that knowing the ins and outs of the mobile home niche can help you make great decisions when selling your used mobile home. That’s why we’ve created resources to help you along the way. Happy selling!

About EZ Homes Design Team

The team behind the scenes at EZ Homes. Bringing you fresh ideas about mobile home lifestyle and design.

Written by EZ Homes Design Team

The team behind the scenes at EZ Homes. Bringing you fresh ideas about mobile home lifestyle and design.

April 2, 2021