We are struggling a bit to sell off renovated used homes in our park, and having a higher volume of leads would help us out a lot.
Does anyone have any experience with putting homes on the MLS? Did you do it as a FSBO? Did you hire a realtor to post them for you? It seems that so many folks use the MLS and I do see some mobile homes being listed as single family homes in order to get more traffic. Curious if anyone has experience with this.
We sell all ours on MLS with a realtor and encourage our residents to use one too. Keeps the tire kickers out of my inbox and it brings a more professional feel to the park.
Thanks guys - what is your arrangement with the realtor? Flat fee? Commission? Do you close at a title company? Anything else you think I should know about that process?
Mine have all been one off type sales so we just do 6% commission. I did have a cheaper home at $40k or so and I paid an 8% commission to make it worthwhile for the Realtor. Money well spent— they do the pictures, market it everywhere, do showings and pre-screen tenants
For Commission, I have done both Flat fee and % of Sale.
For the small deals (10-30K) I’ll offer a $3K commission. With the promise that I will also use the same person for the bigger deals.
One of my guys is GREAT. He will even walk away from a commission if the deal doesn’t make sense for him to be involved. IE I had an offer for a house for $3K. He stepped aside. So when I had a house for $100K he 100% got the listing.
Find someone willing to work with you. You take care of them and they will take care of you.
Thank all - We tried to get several agents in Texas to do it; But none agreed because the MLS is so strict apparently that you MUST list a home that has real property as well (land).
We switched over to Google Ads and actually got a good result.