When looking to sell your Sarasota Florida mobile home, many Sellers will look to improving their home prior to putting it on the market in an attempt to try and sell their home at the highest price possible.
While we, here at The Mobile Home Dealer, can certainly respect the thought of doing this we want to issue a warning to everyone who is looking to update their property.
Too much improvement of your mobile home in and around the greater Sarasota Florida area can lead to a property not selling.
Let us explain!
Mobile home Buyers who are looking to purchase a mobile home on leased land throughout the greater Sarasota Florida area are mainly looking for the same three attributes within their new home.
These Buyers want the home to be safe, clean and affordable.
In referring to the home being safe, most Buyers have a reasonable expectation that the home will have all of its major structural components in good working order, free of major issues. These components will be the roof, AC, electrical and plumbing system. If any major attention is needing to be taken to these areas of the home the Buyers will expect the price to heavily reflect the work needing to be done.
Buyers want a clean home, one free from smoke, pet or mold odors and that welcomes them in to the property. If one of these types of odors exists then it should be clearly stated and, again, the price should reflect the work that needs to be done.
Affordability is a relative term, what is affordable to one mobile home Buyer may not be affordable to the next Buyer.
This not only goes with mobile home sales but anything in life.
Where many Sellers excel is making their home safe and clean but, many times they strike out with making the home affordable.
This is in large part to cosmetic upgrades that have been done to the home that they were interested in that do not have anything to do with the structural components of the home but rather the paint, carpet, appliances, fixtures or kitchen upgrades.
These upgrades often increase the price fast because they can be expensive items.
The issue with over improving a mobile home is that many times these cosmetic upgrades will not provide any real value when the home is ready to be sold. The Sellers do not realize this and expect to see a dollar for dollar return on their financial investments with the upgrades and price the home accordingly.
When this is done the home sits on market and does not sell quickly which leads to the Seller paying more money in lot rent and utilities.
If you are looking at improving your mobile home, great, but make sure you look at using your upgrade budget on more structural upgrades making the home safe and clean and less on cosmetic upgrades so that your mobile home is in a good position to sell fast!
This is Mark Kaiser with The Mobile Home Dealer, and we help mobile home Buyers and Sellers get to a better place in life.