There are many reasons why someone might choose to live in a Sarasota resident-owned mobile home park. For one, the cost of living is often much lower in these types of communities than in traditional neighborhoods or developments. Additionally, residents often have a greater sense of control over their living environment and the rules that govern it when they live in a resident-owned mobile home park. Finally, these types of communities typically offer a tight-knit sense of community and support system that can be difficult to find elsewhere.
When it comes to buying a mobile home in the Sarasota area, buyers are looking for a few key things. First and foremost, they want a home that is in good condition and won’t require a lot of work or money to get it up to par. Secondly, buyers want a home that is affordable and won’t break the bank. And lastly, they want a home that is located in a desirable area – preferably near the beach or other attractions. With so many beautiful mobile homes on the market in Sarasota, finding one that meets all of these criteria can be a challenge. But when you do find that perfect home, it will be well worth the effort!
We have a question from one of our Facebook followers today, his name is Alan Davies, of Parrish, Florida.
Here’s what he wrote. “Hey, Mark. I appreciate all of the information you give us on a regular basis. Could you do a video on what Buyers are thinking when they are looking at a mobile home? I am considering having your team sell our home for us in the future, but want to get a good idea of what we should be expecting from the Buyers when we put the home on the market.”
Thanks, Alan, for your question, you bet I will be happy to help answer that for you!
I hope what I give you here helps bring clarity to those questions.
In our experience, Buyers of mobile homes on leased land throughout the Gulf Coast are looking for three things.
The mobile home is clean, safe, and affordable as a place to live.
By clean, I am referring to the fact that most Buyers, do not want to have to go in and clean out a home. If your property is being sold fully furnished, then that is fine, but they want to make sure that it just does not feel dirty when they walk in. With that said, we always suggest that all Sellers do the best they can to clean up the home. Do not feel like you have to get rid of everything, but at least make sure it is broom-swept clean, and presentable when you are putting the home on the market for sale.
The second point that the home is safe is one that is, kind of self-explanatory.
Buyers want to make sure that everything in the home works as it is supposed to, or as you say it is. Make sure that all the appliances are in good working order. Make sure the air conditioner turns on and cools the home accordingly. Make sure the toilet flushes, lights, and outlets turn on as they’re supposed to. If there are burnt-out light bulbs or bad outlets, do not worry about it. It is really not that big of a deal. But make sure you tell the buyer which ones they are. Also, Alan, make sure if you are not willing to replace an appliance or anything in the home that is broken, to let the Buyer know that on the front end so that they can make an offer accordingly. It is never good to surprise a Buyer at closing with this.
The last topic is the one that gets all of the interest, and that is Buyers are looking for a home that is affordable.
As we can all agree, the term affordable is relative. What may be affordable to you may not be to the next person and so on. With that understanding, we want to make sure that your home is priced where it is to be sold, not where it’s for sale. Most Sellers look at other homes in the area and see what they’re selling at and base their price on that. That’s just not the right way to do things. You see, what a home is selling for and what a home actually is sold for are two totally different numbers.
The reason is that nearly all homes that we have ever seen do not sell for the prices they are for sale at. More times than not, there’s a discount involved for which it can be a considerable price cut in order to actually get the home sold. Now, Alan, as mentioned in a previous video, it is not just the price the home sells at, but also the number of total carrying costs the Seller is paying during the time the home is for sale, along with their frustration and time.
Once all of these items are taken into consideration, then an actual sales price should be determined.
So, Alan, thanks again for the question and I hope that helped you out. If you need any further clarification, feel free to reach out to us or me directly and we will be happy to help answer your question in further detail.
Another reason why some mobile homes take months to sell is that the seller includes all the costs like upgrades and furniture making the mobile home price balloon.
Remember that upgrades don’t really add value to the cost of the mobile home because it’s the seller’s personal preference and not the buyer’s. A fully-furnished home can also sell fast compared to an empty one if both homes have a similar price but if the seller adds the costs of pre-owned furniture to the cost of the house, then this could be a dealbreaker.
Considering that many mobile home parks in the Sarasota Florida area have older residents, providing their basic needs in safety, cleanliness, and affordability is more than enough. A set of pre-owned furniture without increasing the price is a big cost and time-saving for the buyer.
The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, please contact us by clicking this link. You may also visit our Facebook Page and send us a message.
This is Mark Kaiser with The Mobile Home Dealer, and we help mobile home buyers and sellers get to a better place in life.