Re: communities that handle property buys and sells internally?
From: Ann Zabaldo (zabaldoearthlink.net)
Date: Fri, 18 Oct 2019 14:31:53 -0700 (PDT)
Alan — I’m wondering if I understand the question correctly — are you talking 
about For Sale By Owner (FSBO) model home sales?  Using this model you 
eliminate the need for an agent thereby saving 6% commission on the sale of the 
home.   If so, what would be the purpose of retaining a Real Estate agent?  You 
would just be incurring an agent’s fee as an expense.  Is it to feel safe 
accepting a contract?  You can have a lawyer review the contract for under $250 
instead of committing thousands to an agent.  If a seller is worried about 
getting all the paper work together in time for the closing … a closing agent 
does all that — either a real estate lawyer or a title company.  In a FSBO the 
seller has to handle relatively few pieces of paper.  Almost everything will be 
pulled by the condominium management in the case of a condo sale or as I said … 
the settlement entity will handle the paper.

Best --

Ann Zabaldo
Takoma Village Cohousing
Washington, DC
Member, Board of Directors
Mid Atlantic Cohousing
Principal, Cohousing Collaborative, LLC
Falls Church, VA
202.546.4654

"Handle every situation like a dog. 
If you can’t eat it or play with it, 
Just pee on it and walk away.” –Author Unknown


> On Oct 18, 2019, at 4:39 PM, Alan O'Hashi via Cohousing-L <cohousing-l [at] 
> cohousing.org> wrote:
> 
> Greetings - I'm wondering if communities that handle their real estate 
> transactions for buyers and sellers internally allow owners to have an agent 
> represent themselves. How are transactions handled?
> Thx
> Alan O
> *******************************************
> Alan O'Hashi - ECOS
> EnviroCultural Organization Systems
> http://www.alanohashi.com/ecos
> Colorado 303-910-5782
> Wyoming 307-274-1910
> Nebraska 402-327-1652
> ******************************************* 
> _________________________________________________________________
> Cohousing-L mailing list -- Unsubscribe, archives and other info at:
> http://L.cohousing.org/info
> 
> 
> 

Results generated by Tiger Technologies Web hosting using MHonArc.