The MHP Broker's Tips and Tricks Podcast: Seller's Guide – Episode 1: What Is Your Park Worth?
Update: 2025-10-24
Description
In this kickoff episode of The MHP Broker's Tips and Tricks podcast, Maxwell Baker, founder and CEO of The Mobile Home Park Broker, starts breaking down his Sellers Guide chapter by chapter—starting with how to accurately determine the value of your mobile home community. From understanding curb appeal to recognizing the impact of clean financials, Max gives sellers a straight-shooting look at what makes a park sell for top dollar.
As with every Tips and Tricks podcast episode, this one is brought to you by The MHP Broker's proprietary Community Price Maximizer. Use this four-step system to get the highest price possible for your mobile home park or RV community when you sell it through The MHP Broker. Guaranteed. Call Max for details.
- This is the first chapter—"What Is Your Park Worth?"—in the Seller's Guide series.
- Max overviewed and read directly from the book he wrote to help mobile home community sellers recognize and avoid disastrous obstacles, bad decisions and sleazy buyers and brokers. (00:22 )
- Knowing your park's worth is step one. Too low? You leave money on the table. Too high? You get laughed out of the market. Max walks through the key elements that drive real value. (02:35 )
- Collecting cash sounds good now—but it kills you later. Clean books and verifiable income are essential to get financing and top-dollar offers. (05:00 )
- Buyers want low risk. Septic tanks, private utilities, and unclear records increase perceived risk—and drive prices down. (10:13 )
- The more park-owned homes you have, the more work and more risk the buyer sees. Institutional lenders often cap that at 15–25%. (12:27 )
- The gold standard? City-maintained roads, direct-billed utilities, and low-maintenance infrastructure. (13:32 )
- Buyers also evaluate your management systems. Is it turnkey, or a hands-on mess? (14:17 )
- "The more information you have, the higher the price you're going to get." (05:00 )
- "Money flows where it's easiest." (10:13 )
"It's not just about the infrastructure—it's about how the park is run, and how it looks on paper." (02:35 )
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