Manufactured Home Park rent Communities vs Resident Owned Communities.

By
Real Estate Broker/Owner with CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments 521400, 1501015, 01795582

Manufactured Home Park

rent Communities vs

Resident Owned Communities.

 

With San Diego's diminishing inventory I'm beginning to see a lot more RE Professionals delving into the Manufactured Housing Industry and have
been asked by many what I thought of rent/lease vs resident owned communities.

 

As a Manufactured Home Dealer, General & Manufactured Home Contractor RE Broker and Developer I'm comfortable doing both whereas a RE Professional only tends to be drawn to resident owned because it also involves the dirt.

 

However, there's money to be made selling in rent/lease communities as well. In fact the commissions in rent/lease are pretty generous compared tothe standard 6% on most resident owned properties.

 

Many Manufactured Home specialists work with minimums of $3500 regardless of the price of the mobile or manufactured home. Others if not most work on a 10% commission. But then there are even deals made where the agents make everything over a predetermined asking price. 

 

It can be weird science at times but with a slow down in sales overall, a shortage of inventory, a downsizing baby boom generation that desires to reside in the San Diego climate, young couples starting out, folks seeking second or vacation homes and just all around affordability I'm beginning to see a lot more interest than ever before in Manufactured Home's overall.

 

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John DL Arendsen, Broker, General & Manufactured Home Contractor and Dealer 

TAG Real Estate Sales & Investments

TAG (The Arendsen Group) Real Estate Sales & Investments is a full service, one-stop, turnkey, family owned and operated real estate brokerage, General Contractor, Manufactured Home Contractor, Developer, Investor, Property Manager, Interior Design, Engineering, architectural, Landscape design, Expert Witness, Consulting, Curative Title and Troubleshooting company with over 100 years of combined experience in the San Diego real estate sales, construction, design & development arena.

 

 

 

 

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Comments (4)

Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

John DL Arendsen interesting to see your post on this subject. This week I had a client looking and considering manufactured home properties. For what he wanted, resident owned was what he required.

Jan 30, 2015 12:59 PM
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Wayne Johnson I think it's just the tip of the iceberg in Cali by default.

Jan 30, 2015 01:15 PM
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

John, You are on dangerous ground here quoting commission rates. I think you should go back and edit the exact rates out of your post, just to be safe.

Bill Roberts

Jan 30, 2015 10:48 PM
John DL Arendsen
CREST "BACKYARD' HOMES, ON THE LEVEL General & Manufactured Home Contractor, TAG Real Estate Sales & Investments - Leucadia, CA
Crest Backyard Homes "ADU" dealer & RE Developer

Bill Roberts Thanks for the HU but please enlighten me via email. Not sure why that matters. I see commission splits and quotes all the time. Just sayin.........

Jan 30, 2015 11:57 PM