|RE: Sales/Resales||<– Date –> <– Thread –>|
|From: Kevin Wolf (dcn00056dale.ucdavis.edu)|
|Date: Tue, 5 Jul 94 11:11 CDT|
Not to take business away from realtors but why are they needed. Almost everyone of the eight houses that have been bought in our community from their landlords has been done without a realtor. Admittedly my wife Linda and I have learned alot about buying housing and act in a way as a "broker" but it is not that hard. At least only pay a realtor 3% commission and go do the advertising and selection process yourselves. It benefits the community as a whole to do what Rob and Sharingwood are doing by creating a waiting list. It certainly can't but help increase the value of the proporty. N St has an internal waiting list of tenants who wish to buy surrounding homes as they come up. As an aside the 3% that the buyers have saved due to no realtor has been one of the principle means by which we have financed our common house reconstruction. For the most part it has been a commitment buyers make as part of what they agreed to when becoming a member of our community. --- Kevin Wolf 724 N St Davis, CA 95616 phone and fax: 916-758-4211 On Tue, 28 Jun 1994, Rob Sandelin wrote: > > Judy BAXTER asked: > This raises an interesting question - those of you in existing groups who have > had sales and new members moving in - an insights on how to manage the > process? > > > > At Sharingwood we have had one completed home come up for sale. The > home never went on the real estate market, an associate member bought > it. We have a waiting list que for associate members and houses for > sale first pass through the que. This is totally as a courtesy, since > the organization actually doesn't have any right of first refusal or > any control on resale of homes. However, It does make sense, the home > seller can be assured that the person buying the home is into what we > are doing and the buyer has pre-screened themselves. We now have a > waiting list of 12, several who are working on our second phase. We > also have a list of "friends" which is quite large and who get our > newsletter. I would think that between the associate members and > friends we could sell any house we have. ( I have a standing offer on > my house which gets renewed every time I see this person - they like my > house and If I ever want to sell it, they really want to buy it - which > is nice as I am considering selling and moving into phase 2 someday) > > We hold an open house each summer, which gets widely publicized and > attracts 200-300 people. Some of these people then come out for > meetings, become friends of Sharingwood and a very few end up as > associate members. >
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