If you’re looking to sell your mobile home or investment property in Summerville without using a real estate agent, we can help.
Although we do cooperate with brokers, sometimes it’s best to avoid paying someone to be in the middle.
After all, paying 5-6% of the sale of a property in a commission is a lot of money. In certain situations, South Carolina brokers and real estate agents can be very useful and earn their commission. Not always.
How Do I Sell My Mobile Home Without An Agent in Summerville?
There are a few ways to avoid paying high commissions in your South Carolina sale.
First, there’s a tricky custom that you’ve gotta know about.
In most sales in Summerville, roughly half of the commission you pay as the seller goes to pay for the buyer’s broker.
Doesn’t make much sense, right?
Why should you pay for the agent on the other side of the table?
Truthfully, it defies logic – it’s just what’s typically done.
You can use that to your advantage in a few ways.
First, factor in the commissions paid when you’re looking at the comparable sales. If the properties similar to yours sold for prices that included commissions, take that into account.
Don’t underprice your property – be aware that a savvy buyer may expect to take a discount too. If you’re doing the work of one agent, you can expect to save that money.
Sometimes in Summerville, buyers who aren’t represented by an agent won’t remember to negotiate the buyer’s side commission out of the price for themselves, so don’t remind them if you don’t want to pay them. Just don’t be surprised if it comes up during the negotiation.
You may want to consider offering 2.5% to buyer’s agents who will bring their clients to show your property. Sure, it’s a lot of money. If you’re pricing your property including that commission, you can always negotiate a better deal for a purchaser who comes without an agent.
On the other hand, if you don’t leave room for the buyer’s agent’s commission, you’ll be excluding most of the buyers in the market in Summerville.
Over 90% of transactions happen through the MLS – that’s the Multiple Listing Service. It’s the main database that all the brokers in Summerville use to access information for their clients on the mobile homes , condos, land and investment properties for sale, along with data on the sold prices.
Once upon a time, you had to pay a full commission to get your property on the MLS. Now in Summerville, there are a few brokers who will charge you a fee just to list your property on the MLS. Often, you spend a few hundred bucks and you only pay a commission if the sale closes.
Compared to the cost of a newspaper ad, the MLS is a cheap way to market your property to a very wide audience.
All the major real estate search sites like Realtor.com, Zillow, Yahoo Homes, etc. get data from the MLS. Chances are good that when you submit your listing in Summerville to the MLS, information on your property will end up on most of the major sites within a few days.
Each of those sites sells ads. They’ve got packages that let you pay to enhance your listing, feature it at the top of the search, and a lot of other bells and whistles that might or might not get an interested buyer to buy your property.
Advertising is a gamble. Sometimes open mobile homes in Summerville South Carolina can be a great way to sell a property, and sometimes they’re a waste of time. Same with newspaper ads, craigslist postings, fancy signs – sometimes they work, and sometimes they don’t.
To effectively sell your property on your own, you have to market it well.
Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information about your mobile home for sale. However, simply putting up flyers and hosting an open house isn’t always enough, especially if your mobile home doesn’t stand out compared to others on the market. Many potential buyers are looking for something specific, and if your home doesn’t catch their eye right away, you may struggle to make the sale. It’s important to think beyond traditional marketing tactics and consider what could make your mobile home more appealing, such as staging the interior, making repairs, or offering unique incentives to entice buyers.
In theory, real estate agents charge big commissions because they handle much of the advertising for your property upfront, including professional listings and multiple showings. By advertising many properties at once, agents aim to generate more phone calls and, ultimately, more sales. However, this approach often means your property is competing with many others in the same area. Real estate agents are looking to make quick sales, but this could lead to less individual focus on your mobile home, especially if it doesn’t fit the typical criteria most buyers are looking for. You may end up waiting longer than expected to sell and paying a hefty commission for the privilege.
Certain properties, including mobile homes, may require significant investments in advertising expenses before the right buyer sees the ad and contacts you. For instance, if you opt for paid online ads or need to invest in professional marketing materials, the upfront costs can quickly add up. While this may increase your visibility in the market, there’s no guarantee that you’ll receive a return on your investment. This uncertainty makes it important to weigh the costs and benefits carefully, as the money you spend on advertising might not always result in a faster or higher sale price. Alternative selling options, like working with a professional buyer, could eliminate advertising costs and allow you to sell your property more quickly.
If you want to avoid paying any commissions, you can also sell your mobile home to investors like us for CASH
We fair prices for properties – and we can close fast (in as little as 3-5 days if you need to).
Sometimes we’ll purchase Summerville mobile homes, fix them up, then rent them out… sometimes we’ll fix them up and sell them to other people looking for great homes in the area, and a lot of other reasons, too – but we love to hear from people like you who are thinking of selling anywhere in South Carolina.
We’re investors who care a lot about Summerville.
We close fast and pay cash in as little as just 3-5 days. Give us a call now at (843) 410-3050 or fill out the short form over here.