You could be selling your manufactured house for any number of reasons, but once you decide you want to sell, of course, you want to sell your manufactured house fast in Dallas. Here are some things you should do to sell your manufactured house fast in Dallas.
Appropriate Mobile Home Asking Price
The number one thing that will sell your manufactured house fast is to offer it for sale at an appropriate asking price. Spend some time and research on the recent comparable mobile home sales in the close area to the trailer. Make sure to analyze all aspects of the trailer: whether or not it has a pool or access to a body of water or canal, the year the trailer was built, the proximity to shopping plazas, grocery stores, or other points of interest in the neighborhood. Determine the appropriate asking price by using the most recent sales possible, preferably in the past 6 months. If there are no recent comps in the offer, consider using other properties in the area and subtracting or adding value based on features that your trailer does or does not have. If your asking price is too high, you may not receive as many offers because that lends a buyer to believe you do not really want to sell your trailer. If you offer the trailer for sale too far below market, then buyers might believe there is something wrong with the trailer.
Making affordable and necessary upgrades and improvements to the trailer will definitely help sell your manufactured house fast. If a buyer can walk into the manufactured house and imagine themselves and their family living in the manufactured house, this will definitely help sell the trailer faster. Offering a unique feature in the trailer such as a custom bar on the back porch might help a buyer fall in love with the trailer and make an offer quickly and be willing to pay a higher price.
Host Open Houses
Hosting an open house will help sell it fast. This will encourage the local real estate professionals to visit the manufactured house in hopes that it will meet the criteria of one of their clients. If a real estate professional is out searching for client manufactured houses, this means that their clients are pre-approved and ready for a quick sale. The real estate professional may even like the trailer for themselves! Other potential buyers will also attend; however, some of them may not be pre-qualified or even able to obtain a loan.
If you are an investor who flips properties, you most likely know other real estate professionals, or professionals of related fields, such as pool cleaners, trailer inspectors, or contractors. These connections have access to a large word of mouth database made of the customers they do business with and can mention your trailer to them, especially if they mention that they are in the market for a new mobile home. Even if you are not a real estate investor, make sure to tell all of your friends and family your manufactured house is on the market. This is a great way to spread the word.
Prepare a Proforma
For multi-family trailer or even single-family residences, preparing a proforma for the trailer will be another tool to sell your manufactured house fast. This will be especially attractive if your trailer is multi-family because this is the most important part of an investment: the return on investment! Doing your research on the rental market in the area will definitely be worth it because it is the backup of your estimated rental amount. Investors will be able to compare this with the initial investment they are making and determine if it meets their investment goals.