The Most Common Mistake Made When You Want to Sell a Motor Home
If you need to sell an RV or sell a motor home, you want to do it right the first time. Many RV owners spend weeks and even months with their unit on the market before they find a buyer, and this can result in hundreds of dollars wasted in storage fees, insurance costs, and the like. It also means not having that cash in hand as quickly as you would like!
One reason that many owners waste time when they’re ready to sell a trailer or sell a motor home is that they don’t understand how to market it effectively, right from the start. They also make some very common mistakes when they put their unit up for sale.
One of the most common mistakes that RV and motor home owners make when they’re ready to sell their unit is that they set the price too high! Many check the NADA value of their unit, which is like the Kelly Blue Book for cars, and use that price for their opening listing, or will even set a price above that, thinking a potential buyer will negotiate with a counteroffer.
Unfortunately this type of thinking usually only scares off potential buyers who may be searching for a new trailer or motor home that falls within a certain price range. Remember that when buyers search on any online site they are often given the chance to select a price range for units they want to see, and won’t consider units priced any higher than their maximum budget.
It is also currently a buyer’s market for motor homes and trailers, as there are many quality new models coming out every year, so owners of used models are eager to sell and upgrade to something more luxurious or personal. When the kids are grown or a couple retires and can’t maintain a motor home or trailer, they’re also ready to sell, and this too adds to the growing market of used RVs.
If you’re looking to sell a motor home or sell a trailer, it’s vital that you have an honest idea of the price you can expect to receive from buyers. Assuming you’ll get more than what your RV is worth or not recognizing the many units on the market can result in wasting time advertising your trailer or motor home, and also spending all that extra money maintaining a unit you no longer use.