Do a DIY CMA
A CMA, or a comparative market analysis, is something that real estate professionals can do to gauge how much a home is likely to sell for on the market. Here’s the thing: working with real estate agents has its own array of pros and cons, and we’re not here to tell you what to do. What we can tell you is that you can do some research yourself to get a general idea of what your home might be worth.
Go to a reliable listing website like Redfin (real estate pros have told us that’s the most accurate one when it comes to pricing and listing availability). Research your zip code, then your neighborhood, if possible. Take a look and see how much mobile homes in your area (with similar dimensions and rooms to yours) have sold for in the last month, three months, and six months. This should give you a ballpark figure of what your home could be worth. ‘
Of course, this isn’t a foolproof formula; it’s simply a way for you to know what number to generally shoot for–especially if you want to go through the difficult and time-consuming process of listing your house on the market with an agent. Information is power when it comes to selling your home, so do your homework.
Wait for a Seller’s Market
This isn’t an option for everyone; sometimes, you have to sell when you have to sell, even if the market isn’t ideal for sellers. With that said, if you’re on the fence about whether or not to sell your house, let the state of the market factor into your decision. In a seller’s market, the demand for homes outweighs the supplies. This gives you more leverage in negotiations, and it also means that you’re likely to get a better offer. As of early 2022, Tampa Bay is definitely a seller’s market. If there’s any part of you that thinks you want to sell your mobile home, this is a great time to take that thought seriously.
“Home improvements” can be a scary concept, largely because they’re associated with time-consuming, labor-intensive projects. Of course, that’s at least partly true: most big-ticket home improvements can be both expensive and time-draining. With that said, if you want to sell your house, consider making some small, fast improvements that will bolster the property’s curbside appeal. Something as simple as changing out your doorknobs and light fixtures, planting a garden, or even repairing your cabinets probably won’t take more than a day or two and can make the property look more impressive to buyers. Don’t underestimate the impacts that a little TLC can have on your property. If there’s any time to make small improvements, it’s when you’re getting ready to sell.
Waste No Time
If time is money, then the best thing you can do to get a good value on your property is to waste no time in selling it. A lot of homeowners list their homes on the market without a realistic idea of what to expect when they do it. The reality is that a traditional home sale takes about three months in Florida. On top of that, in a traditional real estate process, going into escrow means appraisals, inspections, financing, and negotiations; it’s quite common for things to go wrong and sales to fall through. We’re not saying this to sway you against listing your mobile home on the market; we just think it’s important to understand what it’s like if you’ve never sold a home before and don’t know what to expect.
Selling for cash, on the other hand, grants you the benefits of a traditional sale without the hardships. When you sell to a reliable cash buyer, you can count on getting a data-drive, real-time market offer in as little as one business day. That means getting a fair cash offer on your house and getting paid in as little as 24 hours without having to worry about back-and-forth negotiations, last-minute appraisals, or mortgage loans falling through. If you want to get a fair deal quickly and easily, it’s worth considering a cash sale for your home.