|Re: A question about resold units||<– Date –> <– Thread –>|
|From: Sharon Villines (sharonsharonvillines.com)|
|Date: Tue, 20 Nov 2012 05:37:23 -0800 (PST)|
On Nov 20, 2012, at 7:51 AM, "Lautner, Patricia" <Patricia.Lautner [at] umassmed.edu> wrote: > We have a transfer fee written into our by-laws. We've never evoked this fee > because it only applies when a unit makes a substantial gain over their > original purchase price. It think it's written that, if the unit sells for > 20% higher than the original purchase price, the community will get 1% of the > amount over 20%. Another item to get into the bylaws before you move in. Our first active resident to move out, gave us $10,000 and it was a blessed event. I will remember her generosity forever. She designated it to our then non-existent capital improvement fund. Two others have given smaller amounts. One reason transfer fees are different in cohousing is that any profit an individual household makes when they move was given to them by the other residents as well as the market. What cohousers are doing is creating wealth, both financial and social. We all work (as much as some work) to build that. A second reason is that it takes a long time to bring new people up to speed. It's hard work. I begin before the people move in. As soon as the contract is signed, I ask about adding them on the community email lists, set up access to the Members Only section of the website and the calendar, and send an email with all the information they need to get utilities turned on, avoid putting a nail into the sprinkler system, who to ask about what, etc. And answer questions. Once they move in, another person does an orientation and they are assigned a buddy. For at least a year, various people will be answering questions and explaining things and trying to be sure to include them. It's work. No matter how much the new people are energetic and excited about cohousing, it's work. In fact in some cases where the people are very energetic about getting involved, it's more work because they cause friction when they don't intend to and begin doing things we have implicitly agreed not to do. One couple who moved in had relatives living in cohousing who told them to just lay low for a year. They are pretty low key people but now are very involved. The quiet year did help avoid friction. So that transfer fee is well-appreciated by those left behind. And they earn it. We even help sell units! Sharon ---- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org
- Re: A question about resold units, (continued)
- Re: A question about resold units Sharon Villines, November 20 2012
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