The Mobile Home Listing Agreement is a crucial document that outlines the terms between a seller and a listing agent for the sale of a mobile home. It specifies details such as the property description, owner information, and the commission structure for the agent. To get started on your mobile home sale, fill out the form by clicking the button below.
The Mobile Home Listing Agreement form is a crucial document for anyone looking to sell a mobile home. It outlines the responsibilities and rights of both the seller and the listing agent, ensuring a clear understanding of the sale process. The form begins by capturing essential details about the listing company or agent, including their contact information. It then gathers specific information about the mobile home, such as its year, manufacturer, model, and dimensions. Additionally, it includes vital park information, like the rent, space number, and contact details for the park manager. The agreement also specifies the items that will remain with the mobile home upon sale, such as appliances and accessories, and confirms that these items are free of liens or encumbrances. Furthermore, the seller agrees to a cash amount they are willing to accept, while granting the listing agent the exclusive right to sell the property. The agreement is structured to protect both parties, detailing the terms of sale, including the timeline for possession transfer and commission arrangements. By clearly defining these aspects, the Mobile Home Listing Agreement helps facilitate a smooth transaction, making it an essential tool for sellers and agents alike.
Consignment / Listing Agreement
For Sale of Manufactured Home
Personal information you provide may be used for secondary purposes [Privacy Law, s.15.04(1)(m)].
Dealer’s
Owner(s)
Name
Name(s)
Address
City
State
Zip
Phone
Res. Phone
Bus. Phone
In consideration of the Dealer's agreement to { list} { sell on consignment} (select one) and to use Dealer’s efforts to find a Purchaser for the Manufactured Home herein described, the Owner(s), hereafter Owner, give the Dealer sole and exclusive right to sell said Manufactured Home, commencing ____/____/____ and terminating at 6 p.m. on _____ /_____ /_____ or following the sale
of the Home, whichever comes first. This Contract may be canceled at any time by mutual consent of both parties, provided it is in writing.
Manufacturer
Model
Model Yr.
Serial #
Present Location
Bedrooms
Size of Home
Home may remain on the Manufactured Home Community Site. If the Home or Purchaser is not accepted in the Manufactured Home Community, the Purchaser may void the Purchase Contract.
Home must be moved from the Manufactured Home Community Site.
1.The Dealer is hereby authorized to negotiate for the sale of, and to sell said Manufactured or Mobile Home for $______________ at it’s present location, of which not less than $___________ shall be collected as earnest money from Purchaser, to be held by Dealer until date of closing.
For his efforts the Dealer shall receive the following compensation:
a. ______% of the final sale price. b. The amount of $_________ as a fixed fee. c. Greater of a. or b.
The Owner agrees to pay the Dealer the Commission on the final gross selling price upon Sale of the Home.
If Owner is unwilling to sell Home after Dealer has found a purchaser as evidenced by a written Offer to purchase, pursuant to the terms of this agreement, commission shall be paid to the Dealer. Dealer may negotiate for the sale of, and to sell, the Manufactured Home for an amount less than that specified above or upon different terms provided the Owner consents in writing and Purchaser is accepted by the Manufactured Home Community, if applicable. During the term of this agreement and as provided in #8 below, Owner shall not sell, lease, rent or negotiate regarding the Manufactured Home except through the services of the Dealer.
2.Owner agrees that said Manufactured Home, and all other items made a part of the sale, are free and clear of all liens including, but not limited to, taxes, mobile home parking fees, assessments, license fees, etc., including ground rental (if on rented ground) paid to date of delivery, and that said Home and all other items made a part of the sale are free and clear of all personal property judgments and encumbrances, except as may be noted in #3 below. Owner agrees to furnish evidence of ownership in a form satisfactory to Dealer and purchaser.
3.An outstanding lien, in the amount of $ ____________, remains on the above described:
Manufactured Home or
Other items made a part of the sale under # 9 below: (indicate which items here: ______________________________)
Lienholder’s Name: ____________________________________________________________
Address: ____________________ City: _________________________ State: ______________ Zip:________________
(Continued on Other Side)
SBD-10808 (R11/11)
4.Payment of Dealer's commission shall be due and payable upon closing of any contract to sell or sale made, and Dealer shall have an equitable lien upon said Home and upon the proceeds in whole or in part of from said sale until Dealer’s commission is paid in full.
5.Owner grants Dealer exclusive marketing rights for the Manufactured Home. Such rights include but are not limited to insertion of radio, television and newspaper ads, and placement of “For Sale” signs. If Owner unilaterally terminates or otherwise interferes with this agreement prior to the agreed upon termination date found above in this agreement, Owner agrees to pay Dealer
______% of the sale price stated in # 1 above as liquidated damages.
6.Property loss and liability insurance relative to the Manufactured Home described above shall, during the life of this agreement, regardless of the location of the home, be the responsibility of:
Current Owner listed above. Other (Explain) ______________________________________________
Dealer listed above.
7.The Dealer assumes no responsibility for warranties either expressed or implied. The current Owner is solely responsible for all statements and claims related to quality, serviceability, functions, condition, past ownership, warranties, express or implied, regarding the above described Manufactured Home or other items made a part of the sale under # 9. Owner acknowledges that the sale of this consigned Manufactured Home is subject to the Dealer license provisions of SPS 305 of the Wisconsin Administrative Code. A used Manufactured Home is required to be inspected under the Code. The inspection creates no warranties, express or implied, based on the inspection by the Dealer or inspector. Owner acknowledges that technical knowledge such as that acquired by professional inspectors may be required to detect certain defects such as but not limited to asbestos, building code violations and floodplain status. Dealer is not providing professional inspection services.
8.If the Home is sold within six months after the expiration of this agreement to any person with whom the Dealer or any authorized agent has negotiated or shown the Home prior to the expiration of this agreement, Owner agrees to pay Dealer the commission set forth in this agreement.
9.Other Provisions and Additional Items included in Sale:
Stove Refrigerator Microwave Washer Dryer Curtains or blinds Utility Shed Air conditioner
Satellite Dish Other:__________________________________________________________________________________
_____________________________________________________________________________________________________
10. Occupancy by purchaser may occur within _______ { days} { hours} (select one) of Purchaser’s closing with Dealer, or
Owner will pay $________ rent/day to the purchaser.
11.Owner agrees to indemnify and hold harmless Dealer in any dispute between Owner and any buyer or prospective buyer including any dispute arising from representations made by Dealer based upon information provided by Owner or Buyer, provided those representations were communicated in good faith.
Dated this _____ day of __________ , _________.
Dealer: _________________________________ Accepted by:_______________________________ (Sales representative)
(Print and Sign Form)
Owner:_________________________________
Owner:_______________________________
Completing the Mobile Home Listing Agreement form is a crucial step in preparing to sell your mobile home. This agreement outlines the terms and conditions under which your property will be marketed and sold. Follow these steps carefully to ensure that all necessary information is accurately provided.
After filling out this form, review all entries for accuracy. Once completed, this agreement will serve as a binding document between you and the listing agent, facilitating the sale of your mobile home. Make sure to keep a copy for your records.
What is a Mobile Home Listing Agreement?
A Mobile Home Listing Agreement is a legal document that grants a real estate agent or broker the exclusive right to sell a mobile home on behalf of the owner. This agreement outlines the terms of the sale, including the price, the items included in the sale, and the rights and responsibilities of both the seller and the agent.
What information is required in the form?
The form requires several key pieces of information:
What items are included in the sale?
The agreement allows the seller to specify which items will be included with the mobile home sale. Common items might include appliances like refrigerators and washers, as well as outdoor structures like decks and sheds. Any additional items can be listed in the "Other" section of the form.
What happens if the mobile home sells?
If the mobile home sells, the listing agent will retain a commission from the sale. This commission is typically a percentage of the sale price and is agreed upon in the listing agreement. The seller will receive the agreed-upon cash amount after any liens or taxes have been deducted.
How long does the agreement last?
The Mobile Home Listing Agreement is typically valid until a specified date, which is noted in the document. This means the agent has the exclusive right to sell the mobile home during this period. If the home does not sell by the end of this term, the seller can choose to renew or terminate the agreement.
What should I do if I want to make changes to the agreement?
If you wish to make changes to the Mobile Home Listing Agreement, it is essential to do so in writing. Both the seller and the listing agent must agree to any amendments. Clear communication can help ensure that all parties are on the same page regarding the sale.
Filling out the Mobile Home Listing Agreement form can be straightforward, but many people make common mistakes that can lead to confusion or delays. One frequent error is leaving the listing company or agent section blank. This information is crucial, as it identifies who is responsible for handling the sale. Without it, the agreement lacks clarity, which can complicate communication.
Another mistake involves not providing accurate owner information. Sellers sometimes overlook details like the legal owner’s name or phone number. Missing or incorrect information can lead to disputes later on, especially if multiple owners are involved. Always double-check this section to ensure all details are correct.
People often forget to fill in the mobile park information completely. This includes the rent, space number, and park manager’s contact details. Incomplete information can hinder potential buyers from getting necessary information about the park, which may discourage them from pursuing the purchase.
Additionally, sellers may neglect to specify the items remaining when sold. It’s essential to check all applicable items and clearly list any additional items in the "Other" section. If this section is left blank or incomplete, it may lead to misunderstandings about what is included in the sale.
Another common issue arises when sellers do not clearly state the cash to seller amount. It’s important to specify the exact figure the seller is willing to accept. Vague or incomplete figures can create confusion and lead to negotiation problems later on.
Some individuals also fail to indicate the date for possession of the property. The agreement states possession should occur no later than fourteen days after closing, but if this is not clearly marked or agreed upon, it can lead to disputes regarding when the buyer can take possession.
Finally, people often overlook the irrevocability of the agreement. Sellers need to understand that once they sign, they grant the listing agent exclusive rights to sell the property until the specified date. Failing to grasp this can lead to frustration if they wish to change their mind before the agreement expires.
The Mobile Home Listing Agreement is a crucial document for anyone involved in the sale of a mobile home. However, it is often accompanied by several other forms and documents that help facilitate the sale process. Below is a list of commonly used documents that work alongside the Mobile Home Listing Agreement.
Each of these documents plays a vital role in ensuring a smooth transaction in the mobile home sales process. Understanding their purposes can help both buyers and sellers navigate the complexities of the sale more effectively.
Real Estate Listing Agreement: Similar to the Mobile Home Listing Agreement, this document grants a real estate agent the exclusive right to sell a property. It outlines the terms of the sale, including the commission structure and the responsibilities of both the seller and the agent.
Exclusive Right to Sell Agreement: This agreement also provides the agent with exclusive rights to market and sell the property. It emphasizes the agent's authority to negotiate on behalf of the seller and typically includes details about the commission and duration of the agreement.
Purchase Agreement: While this document is focused on the sale itself, it shares similarities in that it details the terms of the transaction, including the purchase price, contingencies, and the responsibilities of both the buyer and seller.
Lease Agreement: This document governs the rental of property, much like the Mobile Home Listing Agreement governs the sale of a mobile home. Both documents outline the terms and conditions, including payment, duration, and responsibilities of the parties involved.
Property Management Agreement: This agreement outlines the relationship between a property owner and a property management company. Similar to the listing agreement, it specifies the authority granted to the manager, including the ability to market the property and collect rent.
Vendor Agreement: This document establishes the terms between a seller and a vendor who may assist in the sale of a property. It shares similarities with the Mobile Home Listing Agreement in that it defines the roles, responsibilities, and compensation related to the sale process.
When filling out the Mobile Home Listing Agreement form, there are important dos and don'ts to consider. Following these guidelines can help ensure a smooth process.
Misconception 1: The Mobile Home Listing Agreement is the same as a traditional home listing agreement.
While both agreements serve the purpose of facilitating a sale, the Mobile Home Listing Agreement is tailored specifically for mobile homes and includes unique terms and conditions that reflect the mobile home market.
Misconception 2: Signing the agreement means you must sell your mobile home immediately.
In reality, the agreement grants the agent the exclusive right to sell your home but does not force you to sell it right away. You can still decide when to sell.
Misconception 3: The listing agent can sell the home for any price they choose.
Actually, the selling price must be mutually agreed upon by both the seller and the agent. The agent cannot arbitrarily set a price without the seller's consent.
Misconception 4: You lose all control over the sale once you sign the agreement.
This is not true. You maintain the right to approve any offers and can negotiate terms before finalizing a sale.
Misconception 5: The agreement is a binding contract that cannot be changed.
While the agreement is legally binding, it can be amended if both parties agree in writing. Flexibility exists within the terms.
Misconception 6: You have to pay the agent's commission even if the sale falls through.
Typically, agents only receive a commission if the sale is successfully completed. If the sale does not go through, you generally do not owe anything.
Misconception 7: All items in the mobile home are automatically included in the sale.
Not necessarily. Only the items specifically listed in the agreement are included. It’s important to clarify which items are part of the sale to avoid confusion.
Misconception 8: The agreement is only for mobile homes in parks.
While many mobile homes are located in parks, the agreement can apply to any mobile home, regardless of its location. It’s designed for the unique aspects of mobile home sales.