Now is The Time To Sell Your Mobile Home

If you’re considering selling your manufactured or mobile home, there’s no better time than now. With a white-hot housing market and historically low interest rates benefitting prospective homeowners, selling your home may be a prudent choice if you’re looking to relocate, upsize or downsize your home, or simply want to chase after your dream mobile home. 

No matter the motive behind selling your mobile home, the market is ripe for homeowners looking to sell their home on their own. Referred to as a “For Sale By Owner” sale, or “FSBO,” this type of home sale empowers the homeowner to take charge of the process and save money along the way. 

With the manufactured housing market seeing more activity than ever, keep the below considerations in mind when weighing whether to list your home for sale: 

Low Supply Means High Demand

In recent months, the supply of homes for sale on the market, including manufactured and mobile homes, have dwindled, meaning homes on the market tend to sell quickly as a result of decreased supply. Thus, if you decide to list your mobile home in the current market, know that with the right listing, market conditions will favor you as a seller when it comes to selling your home quickly. 

Make Sure You’re in the Know 

Before you decide to go the FSBO route, make sure you’ve researched every step in the process, from getting your home listed to ensuring you’ve got the financials in order. The Mobile Home Sellers Guide is a great resource to start with that covers every step of the mobile home selling process. 

This goes double if you’re selling a mobile home in a community or mobile home park. Make sure you study your community’s bylaws and guidelines to ensure you’re selling your home in a compliant manner. For example, a community may mandate that an individual home seller use a specific listing service, lender, or otherwise go through the selling process in a specific fashion. 

Get the Most Value For Your Home

Before you list your mobile home, look into ways you might be able to increase its market value before it sells. For instance, if you need to replace your mobile home’s roof or make other necessary repairs, doing so before you list can increase the home’s value. For big ticket repairs such as a roof, porch, or siding, it may even be worth plugging those upgrades into the description of your listing. 

Pro Tips for Listing Your Home 

For individual home sellers, there are a few key considerations to keep in mind when listing your home to ensure it sells as quickly as possible: 

Make Your Listing Shine 

You want to do everything you can to draw eyeballs to your home listings. Use descriptive language when describing your home to bring out its best features and make it more appealing to homeowners looking to view homes in their area. At the end of the day, you’re writing about your home to make a sale, so convince them why your home is worth buying at your asking price.

A great description of your home alone won’t cut it, however. You’ll want high-quality photos of the exterior and interior of your mobile home that show everything your home has to offer. More often than not, it’s worth hiring a photographer to stage and take pictures of your home before listing. 

Secure More Visibility for Your Listings

A great listing is nothing without homebuyers to see it online. That’s why MHVillage offers listing options that get your home for sale in front of as many people as possible. This creates the biggest possible advertising “net” for your listing and allows you to advertise with other selling tools, such as virtual open houses and printable flyers of your listing. 

Know Your Market

What do houses sell for in your area? What’s the market activity like? How does that impact, or how should it impact, your own listing? 

These are all questions that you should ask yourself when you’re preparing to sell your mobile home the FSBO way. Doing some in-depth research on the manufactured housing market in your city or state, including the average price of home sales and how many homes have sold in your market over the past year, can help inform how your own listing takes shape. For instance, while doing research you may learn that similar mobile homes in your area have sold for higher or lower than your initial asking price. 

The Don’ts of FSBO Listings

Just because the market is so ripe for manufactured home sales doesn’t mean there aren’t mistakes to be made along the way. Here are some of the most common mistakes and traps individual home sellers may come across: 

  • Incorrectly pricing their home. While it’s true that home prices have increased over the past few years, that doesn’t mean you should ask for more money than your mobile home is worth. In fact, asking for more than the appraised value of your home can greatly reduce your chances that you’ll receive an offer.  
  • A lackluster web listing or photos. Much like a strong listing can sell a home faster, a not-so-great listing, with vague descriptions and low-quality photos, can take away from the shine your home listing would otherwise have and increase the amount of time it takes to sell your home. If your home’s description or photos aren’t appealing, then your prospective home buyers won’t show interest in buying your home.
  • Falling short on the home inspection or appraisal. This also includes outright neglecting to complete a home inspection or appraisal when selling your home. A lack of transparency on the seller’s part when it comes to the home’s condition and true value can turn prospective buyers away and make it harder for you to sell your home. 

Alright, I’m Sold. I Want to Sell My Mobile Home. What’s Next? 

If we’ve convinced you that selling your manufactured or mobile home is the right move – congratulations! You’re just a few steps away from successfully listing your home during a time where mobile home sales have never been hotter.

MHVillage, the nation’s leading website for buying and selling manufactured and mobile homes, can get your mobile home listing in front of the thousands of people that visit MHVIllage daily. The website offers multiple tiers of pricing for different kinds of listings, with unlimited photos of your home included in the Premium tier. Simply fill out the online form to start your MHVillage listing today. 

What’s more is that MHVillage offers a “For Sale By Owner” kit with even more guides and tips for those who list their home on MHVillage. The best part? Over 25 million people visit MHVillage every year, making it the best marketplace for listing your mobile home when it comes to visibility and reach.