Mobile Home Listing Agreement Template

Guidelines on Filling in Mobile Home Listing Agreement

Once you've decided to list your mobile home for sale, the next step is to fill out a Mobile Home Listing Agreement form. This document will lay out the terms under which your listing company or agent will operate to sell your mobile home. It's important to fill out this form carefully and accurately to ensure that all aspects of the sale, from the price to what's included in the sale, are clearly understood by all parties. Here are step-by-step instructions to guide you through completing the form.

1. Start with the Listing Company/Agent section. Fill in the name, address, and phone number of the agency or agent who will be listing your mobile home.
2. Under MOBILE PARK INFORMATION, detail the monthly rent, space number, and address of the park where the mobile home is located. Also, include the park's city, zip code, type of park, park manager’s name, and phone number, along with the park address.
3. In the OWNER INFORMATION section, provide the legal owner’s name, phone number, any bank information (including account number), and address, along with the payoff amount, good through date, and per diem.
4. Fill in the MOBILE HOME INFORMATION section with the year, manufacturer, model, serial number, color, width, and length of the mobile home. Also list the number of bedrooms and bathrooms.
5. List all accessories and/or special equipment included in the sale in the provided space. This might include anything from kitchen appliances to outdoor sheds.
6. In the ITEMS REMAINING WHEN SOLD section, check the boxes next to the items that will stay with the mobile home once sold, such as refrigerator, deck, awnings, etc. If there are items not listed, add them in the "Other" section provided.
7. Under Cash to Seller, indicate the actual amount you’re willing to accept for the property, noting that this is after any liens, encumbrances, and taxes are cleared.
8. Specify the date by which possession of the property will be transferred to the buyer, which should be no later than FOURTEEN (14) days after the close of escrow and/or funding, unless otherwise agreed upon in writing.
9. For the LISTING AGREEMENT section, carefully read and understand the terms regarding the exclusive right to sell, the irrevocable authority granted to the listing agent, and the agreed price terms. Enter the relevant dates and agreed price in the blanks provided.
10. Finally, confirm the date until which the employment and authority to sell the mobile home is effective.

After you’ve filled out all the necessary sections of the Mobile Home Listing Agreement form, review it to ensure that all the information provided is accurate and complete. This document serves as the foundation of the working relationship with your listing agent and the terms under which your mobile home will be sold. It's essential to make sure everything is correctly listed to avoid any misunderstandings or disputes in the future. Once the form is completed and signed, your mobile home will be officially listed for sale, and your agent will start the process of finding a buyer.

What is a Mobile Home Listing Agreement?

A Mobile Home Listing Agreement is a contract between the owner of a mobile home and a real estate agent or listing company. This contract grants the agent or company the exclusive right to sell the mobile home on behalf of the owner. The agreement outlines the terms of the sale, including the price the seller is willing to accept, the commission for the agent, and any items that will remain in the home after the sale.

Who needs to sign the Mobile Home Listing Agreement?

The legal owner of the mobile home and the authorized representative of the listing company or agent must sign the Mobile Home Listing Agreement. This ensures that both parties agree to the terms of the sale and the representation.

What information is included regarding the mobile home itself?

The agreement contains detailed information about the mobile home, including its year, manufacturer, model, serial number, color, dimensions, number of bedrooms and bathrooms, and any accessories or special equipment included in the sale. This detailed description helps in accurately listing and marketing the home.

What items will remain in the home when sold?

Items such as the refrigerator, range, dishwasher, washer, dryer, deck, awnings, shed, air conditioner/heat pump, window coverings, axles/hitch, and others listed under "Other" are specified to remain in the home upon sale. These items are considered free and clear of liens unless otherwise stated, providing clarity to buyers about what is included in the purchase.

How does the cash to seller work?

The agreement specifies the amount of cash the seller will receive from the sale, less any liens, encumbrances, excise, and personal property taxes. This amount is what the seller agrees to accept, understanding that the listing agent aims to sell the home for a higher price.

What are the seller's rights and responsibilities under this agreement?

1. The seller grants the listing agent the exclusive right and irrevocable authority to sell the property, including the power to transfer, consign, or assign the contract as necessary.
2. The seller agrees to the terms of the agreement, including the sales price and the date the listing expires. Furthermore, the seller consents to a commission or fee being retained by the listing agent from the sale.

When does the agreement take effect, and how long does it last?

The agreement takes effect on the date specified within the document and remains irrevocable until midnight on the expiration date, also noted within the agreement. This period determines how long the agent has the exclusive right to sell the property.

What happens if a purchaser is secured?

If a purchaser is secured, the listing agent is entitled to retain a specific, yet unspecified, commission or fee from either the selling dealer/realtor or the buyer. Any proceeds from the sale above the agreed-upon price to the seller will reimburse the listing agent or their assign for the services provided.

When filling out the Mobile Home Listing Agreement form, individuals often make errors that can impact the sale process. Here are some common mistakes to avoid:

1. The legal owner's information is not completed accurately. This section requires attention to detail to ensure that all legal owner(s) are correctly identified, with their contact information precisely provided. Mistakes here could lead to issues in establishing the rightful ownership and authority to sell the mobile home.

2. Details about the mobile home itself, including the year, manufacturer, model, and serial number, are either left blank or filled out incorrectly. These details are crucial for accurately listing and selling the home. They help potential buyers understand exactly what is being offered and allow for the mobile home to be properly identified and valued.

3. Incorrectly listing the accessories and/or special equipment included in the sale. Every item that is part of the sale needs to be clearly specified to avoid future disputes about what was included in the price. This includes items listed under the section 'ITEMS REMAINING WHEN SOLD' as well as any additional items in the 'Other' section.

4. Not accurately stating the amount of cash to seller. This figure should reflect the net amount the seller is willing to accept after all liens, encumbrances, excise, and personal property taxes have been accounted for. Misunderstandings or errors in this figure can lead to financial discrepancies and disputes at closing.

5. Failing to clearly specify the terms related to the possession of the property. The agreement outlines a specific timeline for when possession is to be transferred to the buyer (no later than FOURTEEN (14) days after close of escrow and/or funding). Any deviation from this timeline should be agreed upon in writing. Neglecting this detail can result in misunderstandings about when the buyer can assume ownership and occupancy.

Being mindful of these common pitfalls will help ensure a smoother selling process. It is always recommended to review the form thoroughly, ensuring all sections are filled out correctly and completely, to prevent potential issues that could arise from inaccuracies or omissions.

When selling a mobile home, the Mobile Home Listing Agreement form is a crucial document that initiates the process. However, to successfully navigate the complexities of such a transaction, several other forms and documents usually come into play, ensuring a smooth and legally sound sale. These documents cover a wide range of purposes, from mandatory disclosures to loan agreements, each serving a vital role in the transaction.

• Bill of Sale: This document is used to officially transfer the ownership of the mobile home from the seller to the buyer, detailing the transaction specifics such as the sale price and the mobile home's description.
• Mobile Home Purchase Agreement: Similar to a traditional home purchase agreement, this contract outlines the terms and conditions of the sale, including the sale price, financing arrangements, and any contingencies that must be met before the sale can be finalized.
• Title Certificate: A title certificate is critical in proving ownership of the mobile home. It must be transferred to the new owner upon the sale of the property, ensuring the buyer is recognized as the new legal owner.
• Disclosure Statements: Sellers are often required to provide buyers with disclosure statements, revealing any known defects or issues with the mobile home. These can include past damages, repairs, or any material defects.
• Occupancy Agreements: If the mobile home resides within a mobile home park, an occupancy agreement may be required. This document is an arrangement between the park and the mobile home owner, detailing terms of park residency.
• Loan Agreement: In cases where the buyer is financing the purchase, a loan agreement spells out the terms of the loan, including interest rates, monthly payment schedules, and the length of the loan.
• Home Inspection Reports: These reports, conducted by a professional home inspector, provide a detailed overview of the mobile home's condition, highlighting any concerns or repairs that may be necessary.
• Escrow Instructions: Typically used when a third party, such as an escrow company, is involved in the transaction to hold funds and important documents until the sale is finalized and all conditions have been met.

Together, these documents complement the Mobile Home Listing Agreement, guiding both buyer and seller through the legal, financial, and procedural steps of selling or buying a mobile home. Properly executing and understanding each document ensures that all parties' rights are protected, and the sale proceeds as smoothly as possible. It's a meticulous but necessary process that demands attention to detail and an understanding of the legal requirements surrounding mobile home transactions.

• Residential Real Estate Listing Agreement: Similar to the Mobile Home Listing Agreement, it authorizes a real estate agent to sell a residential property on behalf of the homeowner. This agreement outlines terms including the duration of the listing, responsibilities of the real estate agent, listing price, and details concerning commissions. Both documents serve the purpose of formalizing the agreement between property owners and agents for the sale of a home, establishing a legal framework for marketing and selling the property.

• Commercial Property Listing Agreement: Used for the sale or lease of commercial properties, it parallels the Mobile Home Listing Agreement in terms of structure by specifying the agent's authority to act on behalf of the owner, listing period, and financial terms. Both agreements facilitate the professional marketing and sale or lease of property through designated agents.

• Exclusive Right to Sell Agreement: This type of agreement grants a sole agent the exclusive rights to sell a property, eliminating the owner's ability to sell the property independently or to enlist the help of additional agents. The Mobile Home Listing Agreement includes elements of this exclusivity, restricting the sale of the listed mobile home to the assigned agent or agency.

• Property Management Agreement: While primarily focusing on the management rather than the sale of a property, this agreement shares similarities with the Mobile Home Listing Agreement in terms of detailing responsibilities and authorities granted to a third party. Both documents outline specific duties, financial arrangements, and the duration of the agreement.

• Real Estate Purchase Agreement: This contract outlines the terms and conditions of a real estate transaction between a buyer and a seller. Though its main purpose is to define the sale rather than list the property, it shares commonalities with the Mobile Home Listing Agreement, such as specifying property details, agreed-upon financial terms, and the responsibilities of each party.

• Brokerage Agreement: It outlines the terms between an agent (or broker) and a client, defining how the broker will represent the client in real estate transactions. Like the Mobile Home Listing Agreement, it specifies commission arrangements, agent authority, and details necessary for the agent to effectively perform their duties on behalf of the client.

• Consignment Agreement: Used for selling items on consignment, this agreement specifies how goods are to be sold on behalf of the owner, detailing the financial terms, responsibilities of the consignee, and duration of the agreement. The Mobile Home Listing Agreement functions similarly by setting out how the property will be sold, including the terms under which the agent is authorized to act, albeit for mobile homes instead of general merchandise.

When filling out a Mobile Home Listing Agreement form, it is crucial to ensure accuracy and completeness to avoid any misunderstandings or legal complications. Consider the following do's and don'ts to guide you through this process:

• Do thoroughly read every section of the form before starting to ensure you understand the requirements and implications.
• Do provide accurate and comprehensive information about the mobile home park, including rent, space number, and manager contact details.
• Do list all owners accurately with their contact information to avoid any disputes or confusion regarding ownership and authority.
• Do include detailed information about the mobile home, such as year, manufacturer, model, and serial number, to clearly identify the property being sold.
• Do check off all items that will remain with the property upon sale and clearly list any additional items in the "Other" section to ensure both parties have clear expectations.
• Do review the listing agreement terms carefully, paying special attention to the exclusive right to sell clause and the duration of the agreement, to ensure you are comfortable with the commitments made.
• Do consult with a professional if you have any doubts or questions regarding the form or the process to ensure your interests are protected.

• Don't skip any sections or leave blank spaces; provide all requested information to prevent delays or issues in the selling process.
• Don't guess or estimate important details such as the mobile home's specifics or the cash to seller amount; verify all information for accuracy.
• Don't sign the listing agreement without thoroughly understanding every term and condition it entails to avoid unexpected obligations.
• Don't fail to specify the terms under which items remaining with the sold property are free of liens and encumbrances to protect against future liabilities.
• Don't overlook the importance of checking or specifying which accessories and special equipment are included in the sale to prevent any disputes.
• Don't ignore the possession and closing details; ensure these terms are clearly defined and agreed upon to facilitate a smooth transfer.
• Don't hesitate to make written amendments to the agreement if any details change or if additional agreements are made after the original signing.

When it comes to selling a mobile home, many individuals rely on a Mobile Home Listing Agreement form to outline the terms and conditions of the sale. However, there are several misconceptions about this form that can create confusion. Here are eight common misunderstandings clarified:

• Exclusive Rights Mean Only One Agent Can Sell the Home: Many believe that granting "exclusive rights to sell" to a listing agent prohibits them from working with other agents altogether. However, this term means that while the agent has the exclusive right to market the home, the seller can still sell the home independently unless strictly prohibited by the agreement.
• Listing Price is Fixed: The misconception here is that the price listed in the agreement is the final selling price. The reality is, this price is often a starting point. Sellers and agents can agree to adjust the price based on market feedback or offers received.
• All Personal Property is Excluded: Some sellers mistakenly think that all personal property not explicitly mentioned is excluded from the sale. In fact, items like refrigerators or dishwashers are often included if they are checked off in the agreement, emphasizing the importance of clearly listing included items.
• No Flexibility in Possession Dates: The agreement states that possession is to be delivered within fourteen days after close of escrow unless otherwise agreed. This is often misunderstood as inflexible, but in reality, both parties can negotiate a different timeline if necessary.
• Any Commission is Prohibited: Sellers sometimes assume that once a fixed commission or fee is mentioned, no other commissions can be negotiated with the selling agent or dealer. However, the agreement often allows room for negotiation of commissions based on the final sale price or terms.
• Verbal Agreements Override Written Terms: While verbal negotiations can play a part in the selling process, the written contract terms are what legally binds both parties. All modifications to the agreement should be documented in writing to avoid any misunderstandings.
• Listing Agent Has Unlimited Rights: Although the seller grants the listing agent rights to sell or assign the contract, this is often mistaken to mean the agent has unrestricted authority. In reality, the agent's actions are limited to what's necessary to accomplish the sale, and they must work within the terms agreed upon with the seller.
• Sellers Cannot Negotiate After Signing: This is one of the biggest misconceptions. Sellers think once the agreement is signed, they lose the right to negotiate terms. Sellers and agents can always discuss and adjust terms, as long as both parties agree to the changes in writing.

Understanding these misconceptions can ensure both sellers and agents navigate the sale of a mobile home with clear expectations, leading to a smoother transaction for all involved.

When completing the Mobile Home Listing Agreement, it's essential to provide detailed and accurate information in each field to ensure a smooth transaction. Here are ten key takeaways to consider:

• Identify the listing company/agent with complete contact details, including address and phone number, to facilitate clear communication.
• For the mobile park information section, specify the rent, space number, park address, city, zip code, and type of park. Also, include the park manager's contact information to address any park-related inquiries promptly.
• Owner information is critical. Fill in the legal owner's name, contact information, bank details, and any loan payoff amounts to verify ownership and financial status.
• Detail the mobile home information accurately, including the year, manufacturer, model, serial number, color, dimensions, number of bedrooms, and bathrooms to present a clear image of the property for sale.
• Include a comprehensive list of accessories and/or special equipment included in the sale. This ensures potential buyers are fully informed about what comes with the mobile home.
• Specify which items will remain after the sale, such as appliances and outdoor items, by checking the appropriate boxes. Use the "Other" section to list any additional items to be included, providing clarity on what the buyer can expect to receive.
• Clearly state the cash to seller amount after accounting for any liens, encumbrances, and taxes. This transparency helps manage financial expectations.
• The agreement grants the listing agent exclusive rights to sell the property, emphasizing the need for trust in the agent’s abilities to facilitate the sale.
• It specifies the terms and duration of the listing agreement, including the agreed-upon price and any commission or fees. Clearly understanding these terms is vital for both parties to avoid misunderstandings.
• The provision for possession of the property to be delivered to the buyer within fourteen (14) days after closing, unless otherwise agreed upon, points to the importance of timing and scheduling in the sale process.

Thoroughly reviewing these points and ensuring the Mobile Home Listing Agreement is filled out accurately and completely can help facilitate a smoother sale process, mitigate potential conflicts, and ensure that all parties' expectations are clearly set.