is a 20% commission rate average for a mobile home in MN?

Asked by Jodi, Saint Paul, MN Tue Jan 10, 2012

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Elizabeth Fuller’s answer
Elizabeth Fu…, Agent, Wayzata, MN
Tue Jan 10, 2012
Mobile homes are often sold as part of a vacation retreat, sometimes they are sold within a certain mobile home park or area, with or without a land lease. They are infrequently listed on MLS unless they are on a separate lot or acreage and considered a manufactured home, allowed through zoning requirements. The commissions on this type of property would vary. Unless the home is attached to the ground, on a separate lot, it would often be subject to non-mortgage financing. Usually the mobile home is considered chattel property, not residential and would be financed more like an automobile. Remember, real estate commissions are negotiable by MN state law. If this is an MLS listed property, the commission would be identified in the published listing. IF it is made available for sale in some other way, I would not be able to ascertain the kind of listing or selling arrangements would be customary. I have sold vacation or rural property where a manufactured home was attached to the property. These were considered a home and usually would have a usual and customary commission published showing the rate or percentage available to the selling agent, the broker, and any other pertinent information. I did a quick search and did not find enough current or recent listings of property to show any commission rate change.
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Gail Strom, Agent, Apple Valley, MN
Mon Jan 27, 2014
Often times the offices at mobile home parks will have contacts and information that would help you shop around. Make a few calls and they'll put you on the right track.
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