Selling a mobile home directly to a buyer offers several advantages over advertising on the traditional market. Learn more about the best ways to sell your Montreal mobile home by reading our most recent article!
As a mobile home owner, it’s in your best interest to compare your options while you’re looking to sell. Does it pay to hire an agent? Do you really have the time to sell yourself? It’s essential that you ask yourself these questions before deciding which sales method to use. In most cases, selling a mobile home directly to a Montreal buyer is the most advantageous solution, financially speaking.
Determine the value of the property
Around 50% of mobile home owners also own the land on which they stand. The other 50% owns only the building itself. When a prefabricated building comes with a lot of land, it’s legally considered personal-use property. This will obviously make a big difference when it comes time to value your property. If your mobile home sits on leased land, the estate manager will have a say in who can buy it. Also, don’t forget that a mobile home loses value over the years, while the land on which it stands will gain significantly in value.
To successfully determine the value of a home in Montreal or the surrounding area, there are a few factors to consider. How old is your property? What condition is it in? Is demand strong in your neighborhood? Since mobile home prices can vary enormously, many owners decide to have their property professionally appraised.
The advantages of NOT going through the traditional market
Selling your mobile home on the traditional market with a Montreal real estate agent could seriously damage your profits. That’s why many owners decide to advertise their property for sale themselves or sell it directly to a professional mobile home buyer. Advertising a house for sale with an agent involves a long waiting period (usually several months), which isn’t ideal for everyone. What’s more, if you decide not to go through an agent to sell your prefabricated home and instead sell to a local investor, you won’t have to worry about work to be done, commissions to be paid, or other fees or marketing costs to be paid.
In any case, many agents avoid taking part in mobile home sales, since the commissions they could reap from selling them would be lower than with a family property. Some mobile home owners ask their park manager to help them sell. Before you do this, make sure that the person you choose has an excellent knowledge of the real estate market.
Selling to an investor
By avoiding the traditional market and sales process, you can save time and money, and avoid a lot of stressful agents. Here are just a few of the benefits of selling a property directly with Vendre Maison Vite. However, remember that all buyers are different, and this information is not applicable to everyone.
- No advertising: You won’t need to hire an agent to advertise your property on the market. Nor will you have to worry about commissions, agency fees or administrative charges.
- No promotion: No need to photograph, think about advertising or pay for your ads to be published. And you won’t have to worry about promoting your mobile home or touring the property.
- No housework: When you advertise a property for sale on the market, you need to keep it in immaculate condition at all times to make a good impression on potential buyers. By selling directly, you won’t have to worry about the constant cleaning and redoing that’s normally required in a traditional sale.
- No wasted time: When you advertise a property for sale, there are never any guarantees. Your property could sell in a matter of days… or it could take months. By selling your mobile home directly to the Vendre Maison Vite team, you’re guaranteed to receive a precise amount by a precise date. So you can plan with a secure income in mind.
Sell yourself
Selling a mobile home yourself requires a lot of work, but it avoids the cost of hiring an agent. To start with, you’ll need to carry out some work on the property and clean the place from top to bottom. If you advertise your home À Vendre Par un Particulier, or AVPP, you’ll be responsible for sorting everything out from A to Z. That’s a lot to do, especially if you don’t have a lot of experience with this process and what it entails. You’ll need to spend money out of your own pocket to promote your mobile home with online or print ads, as well as printed materials like pamphlets and signs. Next, you’ll need to respond to potential buyers when they call, answer their questions and show them around the property. Finally, once you’ve found your buyer, you’ll need to draw up contracts and go through the process of creating an escrow account. If you’re really motivated, you could save thousands of dollars by selling yourself.
However, there are disadvantages to selling yourself. Just as when you deal with an agent, you have no guarantee of selling, and if you’re lucky enough to sell, you don’t know when it will actually happen. This could take a few days, a few weeks or even several months. If you have time to wait, this may be a good solution for you. However, if you want to sell your mobile home quickly, teaming up with a professional investor like those at Vendre Maison Vite is most likely your best option for selling.
To find out more about the advantages of selling a mobile home directly, send us a message or call our team now. 514-320-1000
Selling a mobile home directly to a buyer offers several advantages over advertising on the traditional market. Learn more about the best ways to sell your Montreal mobile home by reading our most recent article!
As a mobile home owner, it’s in your best interest to compare your options while you’re looking to sell. Does it pay to hire an agent? Do you really have the time to sell yourself? It’s essential that you ask yourself these questions before deciding which sales method to use. In most cases, selling a mobile home directly to a Montreal buyer is the most advantageous solution, financially speaking.
Determine the value of the property
Around 50% of mobile home owners also own the land on which they stand. The other 50% owns only the building itself. When a prefabricated building comes with a lot of land, it’s legally considered personal-use property. This will obviously make a big difference when it comes time to value your property. If your mobile home sits on leased land, the estate manager will have a say in who can buy it. Also, don’t forget that a mobile home loses value over the years, while the land on which it stands will gain in value significantly.
To successfully determine the value of a home in Montreal or the surrounding area, there are a few factors to consider. How old is your property? What condition is it in? Is demand strong in your neighborhood? Since mobile home prices can vary enormously, many owners decide to have their property professionally appraised.
The advantages of NOT going through the traditional market
Selling your mobile home on the traditional market with a Montreal real estate agent could seriously damage your profits. That’s why many owners decide to advertise their property for sale themselves or sell it directly to a professional mobile home buyer. Advertising a house for sale with an agent involves a long waiting period (usually several months), which isn’t ideal for everyone. What’s more, if you decide not to go through an agent to sell your prefabricated home and instead sell to a local investor, you won’t have to worry about work to be done, commissions to be paid, or other fees or marketing costs to be paid.
In any case, many agents avoid taking part in mobile home sales, since the commissions they could reap from selling them would be lower than with a family property. Some mobile home owners ask their park manager to help them sell. Before you do this, make sure that the person you choose has an excellent knowledge of the real estate market.
Selling to an investor
By avoiding the traditional market and sales process, you can save time and money, and avoid a lot of stressful agents. Here are just a few of the benefits of selling a property directly with Vendre Maison Vite. However, remember that all buyers are different, and this information is not applicable to everyone.
- No advertising: You won’t need to hire an agent to advertise your property on the market. Nor will you have to worry about commissions, agency fees or administrative charges.
- No promotion: No need to photograph, advertise or pay for your ads to be published. And you won’t have to worry about promoting your mobile home or touring the property.
- No housework: When you advertise a property for sale on the market, you need to keep it in impeccable condition at all times to make a good impression on potential buyers. By selling directly, you won’t have to worry about the constant cleaning and redoing that’s normally required in a traditional sale.
- No wasted time: When you advertise a property for sale, there are never any guarantees. Your property could sell in a matter of days… or it could take months. By selling your mobile home directly to the Vendre Maison Vite team, you’re guaranteed to receive a precise amount by a precise date. So you can plan with a secure income in mind.
Sell yourself
Selling a mobile home yourself is a lot of work, but it avoids the cost of hiring an agent. To begin with, you’ll need to carry out some work on the property and clean the place from top to bottom. If you advertise your home À Vendre Par un Particulier, or AVPP, you’ll be responsible for sorting everything out from A to Z. That’s a lot to do, especially if you don’t have a lot of experience with this process and what it entails. You’ll need to spend money out of your own pocket to promote your mobile home with online or print ads, as well as printed materials like pamphlets and signs. Next, you’ll need to respond to potential buyers when they call, answer their questions and show them around the property. Finally, once you’ve found your buyer, you’ll need to draw up contracts and go through the process of creating an escrow account. If you’re really motivated, you could save thousands of dollars by selling yourself.
However, there are disadvantages to selling yourself. Just as when you deal with an agent, you have no guarantee of selling, and if you’re lucky enough to sell, you don’t know when it will actually happen. This could take a few days, a few weeks or even several months. If you have time to wait, this may be a good solution for you. However, if you want to sell your mobile home quickly, teaming up with a professional investor like those at Vendre Maison Vite is most likely your best option for selling.
