|Re: Is there any conflict of interest in community outreach?||<– Date –> <– Thread –>|
|From: R Philip Dowds (rpdowdscomcast.net)|
|Date: Tue, 11 Jul 2017 10:55:49 -0700 (PDT)|
There are several latent presumptions embedded in this query: • That one bit of information (true or false) can scare off the buyer. • That the buyer’s impression and decision is formed by one encounter with one tour guide. And, • That the community has an obligation to conceal potentially problematic information, lest it be held accountable for putting the kibosh on a profitable sale. When I state them this way, it should be pretty clear that these are all false premises. First, we should hope that buyers approaching the purchase are reasonably sophisticated and thoughtful about what they’re doing, and not easily scared off by the odd comment. If they are easily scared off, then maybe they’re not really good cohousing candidates. Second, the candidate buyers should have many opportunities to encounter community members and events, not just one tour by one person; ideally, these many opportunities have been occurring over time, before a specific unit comes onto the market. Third, the community has no moral or legal obligation to sanitize its self-presentation, and to present a distorted or incomplete picture, just to help a seller extract maximum cash from a gullible buyer. Quite the contrary, it’s exactly the opposite: The community has an obligation to provide a realistic picture of itself, to ensure the best possible match between the communal personality and the buyer personality. In fact, willful concealment of a “problem”, like a pending special assessment for a new septic system, is, under some circumstances, an act of fraud. My experience to date so far is (1) most sellers do a pretty good job of balancing an appropriate desire a fair market price against a sincere commitment to do well by their community — meaning, sell to somebody who will likely fit in and be happy. And (2) the real estate buy/sell activity, for cohousing, can be much more rewarding (and less threatening) for all parties — sellers, buyers, and community — than it is for “regular” housing. Thanks, Philip Dowds Cornerstone Village Cohousing Cambridge, MA PS: Having said all that nice stuff, I must also relay that, after we bought into Cornerstone ten years ago, I was appalled when I was later told that the seller had warned all the neighbors to “stay clear of the Dowdses”, because they might queer the deal ... > On Jul 10, 2017, at 5:34 PM, Deborah Gibbs <gibbsdeborah [at] gmail.com> > wrote: > > > At Pacifica Cohousing (Carrboro, NC), or outreach committee maintains a > list of people who have expressed an interest in living here. When a home > goes on the market, we circulate that news to our outreach list. We also > give tours of the community, for people with all kinds of interest in > cohousing, and sometimes, for a potential buyer, at the request of the > realtor. We don’t show houses, or advocate for specific buyers. > > > This sounds like a win-win-win – the community increases the likelihood of > a new neighbor who understands and embraces cohousing, the potential buyer > gets the perspective of someone who’s not trying to sell the house, and the > seller gets more informed and potentially enthusiastic prospects. > > > But one of our members has raised concerns about whether we run the risk of > interfering with real estate transactions. What if the buyer was about to > make an offer, then backed off when the tour guide said it wasn’t all > sweetness and light? What if the tour guide mentions the persistent roof > leak in that unit? > > > Have others dealt with this challenge, and where did you draw lines? > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://www.cohousing.org/cohousing-L/ > >
Is there any conflict of interest in community outreach? Deborah Gibbs, July 10 2017
- Re: Is there any conflict of interest in community outreach? R Philip Dowds, July 11 2017
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