Brokers rate to market a MHP

Mobile Home Park Investing
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Brokers rate to market a MHP

KT Fissore
Member since 2023 · 3 posts · 2 votes

What is the range of broker commissions charged to the seller on a small park 10-60 spaces ( 1-8 M sales price)?

specifically AZ, NV TX, UT, WA and CA

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Raj Vora
Real Estate Agent · Austin TX · Member since 2013 · 13 posts · 8 votes
1y

Depends on the deal. Some deals are more complex to underwrite and negotiate - lagoons, title issues, zoning, flood plains and so forth. I'd say 5-7% depending how tricky the deal will be to market.

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  • Jeremy HoldenBusiness Member
    Real Estate Agent · Scottsdale, AZ · Member since 2021 · 155 posts · 90 votes
    2y

    Everything is negotiable!

    Really depends on what you are looking for. Brokers acting as paper pushers and contract writers will obviously charge alot less than a broker taking on all responsibilities including marketing. 

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  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    2y

    @KT Fissore I would work out a deal with you in TX and do it for 5%

    [email protected]512-888-9122
    The Moorhead Team5140 Reviews
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  • KT Fissore
    OP
    Member since 2023 · 3 posts · 2 votes
    1y

    we vacancy in one of our single family long term house in leander.  if you have interested renters our current property manager will cooperate.  

    how is rental market in that area these days?

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  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    1y
    Quote from @KT Fissore:

    we vacancy in one of our single family long term house in leander.  if you have interested renters our current property manager will cooperate.  

    how is rental market in that area these days?


     The rental market is pretty rough here in the Austin area due to a glut of supply. We keep making those lists for the biggest rent decreases, highest vacancy, etc. We've been able to rent properties pretty quickly, just as long as the rental rate is appropriate! I had to drop a rental by about 10% and an apartment building I'm invested in that we were helping to lease up we had to drop 25%.

    [email protected]512-888-9122
    The Moorhead Team5140 Reviews
    WebsiteView Page
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  • Raj Vora
    Real Estate Agent · Austin TX · Member since 2013 · 13 posts · 8 votes
    1y

    Depends on the deal. Some deals are more complex to underwrite and negotiate - lagoons, title issues, zoning, flood plains and so forth. I'd say 5-7% depending how tricky the deal will be to market.

    1Reply
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