Planning to sell your mobile home? It may be tempting to quickly hand over your house keys for a big chunk of money.
But, be extra careful.
The mobile house is one of the most expensive investments you will ever sell. Doing everything in a haste can lead to mistakes that may cost you big in future.
Read this blog to know common mobile-house selling mistakes people make.
1. Poor marketing
Many potential customers often roam around the market to look for the best and modern manufactured home for buying.
However, poor marketing keeps your property out of sight of buyers.
Make sure to advertise your mobile house well to attract a pool of customers.
Some marketing tips to maximize the potential eyes for your property are:
- Publish your property ad in the newspaper
- Promote on all social media platforms like Facebook, Instagram, etc.
- Approach your friends and relatives
- List your home on online marketplaces
- Display sign boards saying “House For Sale” in your doors and neighborhood
- Advertise on popular real estate websites
2. Selling at an unreasonable price
People often sell their mobile house at whatever price they receive.
However, this is a big mistake.
Overpricing can disappoint possible buyers and most probably they can break the deal.
In fact, as per the 70% of real estate agents overpricing is the top mistake sellers make.
It’s recommended to price your manufactured home correctly while considering the current market rates.
3. Listing a damaged property
Who would be interested in buying a property that has clogged pipes or a damaged roof?
Buyers may not want to purchase fixer-uppers.
Before your list your property for sale, follow a few tips:
- Repair leaking taps or roof
- Paint the walls
- Fix the broken windows or doors
- Fix faulty wires
- Replace damaged flooring
- Mend plumbing issues
Apart from the above, repair anything that’s broken or worn out.
Even a minor repair can boost the value of your mobile house and increase the odds of a quick sale
4. Skipping home inspection
People often avoid home inspection before selling a mobile house just to save a few bucks.
However, this can double the risk of losing a good deal.
From checking closets to turning on every tap, switching on electrical appliances, and flushing toilets, buyers would want to know every tiny detail.
So, make sure your mobile house not just looks great when advertised, but is also in a condition worth buying.
Getting a pre-listing home inspection can benefit you in a number of ways:
- Sell home faster at a good price range
- Fix repairs ahead of time
- Knowing that your property is in good condition will offer you peace of mind
- Lower the scope of negotiations
5. Rejecting offers
Last but not the least, another mistake most sellers make is constantly rejecting offers.
It’s logical to expect a good sale price for your property. But that doesn’t mean you keep on ignoring the deals.
Eventually, this will disappoint and frustrate you when your property remains unsold even after listing for a couple of months.
If you’ve received a house deal that is not as per your expectations, try to negotiate.
In the end…
The saying “Haste Makes Waste” goes well here.
Avoid making house-selling mistakes else you may have to bear major financial losses.