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4 tips for working with tiny-home buyers

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A man holds a set of silver keys in one hand and a small model house in the other.

09/06/2016 | Author: Editorial Staff

Tiny homes are gaining popularity, especially among millennials and even retirees. While working with tiny-home buyers may not lead to a huge commission, it could lead to valuable referrals. Here are four tips for working with tiny-home buyers, excerpted from the article “Tiny what?” in the August 2016 issue of Texas REALTOR® magazine.

Be cautious about choosing builders. Buyers should do their research about who they’re working with, since some builders may be building tiny homes just because of their popularity. Find out how many tiny homes they’ve built and how long they’ve been building them, or see if they are members of any industry-related organizations.

Don’t waste your time looking for resale tiny homes. Christopher Galusha, Texas chapter leader for the American Tiny House Association, says he’s not seeing a lot of purposeful tiny-home reselling. “These buyers are usually planning on staying longer. Because of the way the job market works, people are moving around more. But that’s part of the benefit of a tiny home on wheels. If your first job is in Denver and you get your dream job in San Francisco, you just pull up the blocks and move to San Francisco with the house.”

Stay open-minded. “Most people who want a tiny home are pretty eccentric or forward-thinking,” says Texas REALTOR® Scott Kaserman.

“Be flexible and think outside the box,” Galusha adds. “That’s a lot of what the tiny-home industry is about—people thinking outside the box.”

Make sure a tiny home on wheels is street legal. Have your buyer check with the department of motor vehicles to find out current information on registration and rules for transporting the home.

Categories: Land, farm, ranch, Buyers
Tags: buyers, tiny homes

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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.

While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.

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