Frequently Asked Questions
Perhaps you’re curious and may have a few questions. That’s completely normal – many people do. Below, you’ll find a small amount of commonly asked questions by people like you, along with our responses. If you still have a question, please feel free to reach out to us at any time. We’re here to assist you with pleasure.
Q: Are you planning to list my mobile home park on the MLS, or are you interested in purchasing it directly?
A: Excellent inquiry. We’re not real estate agents, and our focus isn’t on listing mobile home parks. At Sell Mobile Home Park, we operate as professional property buyers. We acquire mobile home parks in that align with our specific criteria for purchase. Our process doesn’t rely on bank financing, ensuring our capability to close deals promptly. Post-acquisition, we might conduct repairs and either resell the property to a new owner or retain it as a rental.
Q: How are you different from any normal traditional real estate agent?
A: Real estate agents compile property listings, aiming for potential buyers. Upon identifying interested parties, the agent presents the properties. In several markets, the average property sale duration spans 4 to 6 months. The agent earns a percentage, typically between 3 to 6%, from the sale price once a buyer is secured. For instance, on a $100,000 mobile home park sale, the commission paid to the agent would range from $3,000 to $6,000.
Agents provide a valuable service to those willing to wait 4+ months to sell and are open to allocating a portion of the sale price for commissions. However, our approach differs significantly. We’re not agents; we’re home buyers. Our company directly purchases mobile home parks from you. Since we acquired the mobile home park from you, we can swiftly make a decision to buy your property within a few days, sometimes even on the same day. Our livelihood revolves around taking the risk, investing our own capital to buy the mobile home park, making necessary repairs, and independently marketing it to find a buyer. We have more information on our How It Works.
Q: Do your property acquisitions involve offering fair prices?
A: Many of the properties we acquire are priced below the market’s typical rates. We do this in order to facilitate profitable resale to another homeowner. Our aim is to secure a reasonable discount on a property. From our experience, many sellers aren’t necessarily anticipating a significant windfall from the property sale. Instead, they value the advantages of our quick transactions, swift closings without the need for financing, and the absence of the time, effort, or expenses associated with property repairs or agent fees. If you’re seeking these benefits and recognize the value of a fast property sale, let’s explore the potential for a mutually beneficial pricing agreement. It’s important to note that our no-obligation pricing commitment means you’re under no obligation to accept our offer, but it’s beneficial to understand what we can provide!
DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor versus the pros, cons, and costs of the other two alternatives – listing with an agent or selling it yourself.
Q: How do you determine the price to offer on my house?
A: Great question, and we’re an open book. Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and the value of comparable houses sold in the area recently. Taking the many pieces of information into consideration, we come up with a fair price that works for us and works for you, too.
Q: Are there any fees or commissions to work with you?
A: This is what makes us stand out from the traditional method of selling your house: there are NO fees or commissions when you sell your house directly to us compared to listing fees, where up to 6% comes out of your pocket. We’ll make you an offer and, if it’s a fit, then we’ll buy your house with no hassles and no fees. We’ll often pay for the closing costs, too! We make our money after we pay for repairs on the house and sell it for a profit. We’re taking the risks here on whether we can sell it for a profit or not. Once we buy the house from you, the responsibility is ours and you walk away without the burden of the property and its payments, as well as cash in your hand.
Q: Is there any obligation when I submit my information?
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us. We’ll let you decide what’s right for you.
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