Re: Two people want the same unit
From: Sharon Villines (sharonsharonvillines.com)
Date: Tue, 20 Jun 2006 10:37:31 -0700 (PDT)
Now that we have our construction financing in place, we are getting
inquiries. A couple of people are ready to sign real estate contracts.
One household wants a unit that another person has a contract on.

On Jun 16, 2006, at 10:38 AM, Robert Heinich wrote:

Why not treat this as a private transaction (or is your community planning
to be involve in every estate transaction)?

When a community is just beginning this really isn't the same as a private transaction because there will be a cascade of changes and people on waiting lists will then move in. People will always withdraw or change to a different unit midstream. If it is treated as a private transaction and this household only has a private contract, what do they do if they change their minds or the first household changes their mind?

I think it would be better to keep a waiting list -- people pay a non-refundable amount to get on the list. That establishes a choice order. The household in question might also want to take a contract on another unit in case these people don't move. With a waiting list, people can't bump someone else who has a contract on a unit but they get first choice of any unit that becomes available.

Sharon
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Sharon Villines
http://www.sociocracy.info


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