Cohousing-L Mailing List: Re: communities that handle property buys and sells internally?

[Ann Zabaldo (zabaldo]

HI Alan and all — I’ve never heard of this arrangement.  I’d be interested in 
knowing which communities do this and how well it works.

Thanks, Alan!

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 6:41 PM, Alan O'Hashi <adoecos [at] yahoo.com> wrote:
> 
> ann - some communities handle the real estate transactions and ‘collect’ 
> reduced commissions that would otherwise be paid to real estate agents. is 
> this common, and / or can sellers use their own agents?
> 
> 
> Alan O'Hashi - Cyber Office
> Views from Behind the Lens
> www.alanohashi.com <http://www.alanohashi.com/>
> Colorado..303-910-5782
> Wyoming.307-274-1910
> Nebraska.402-327-1652
> 
> On Oct 18, 2019, at 3:31 PM, Ann Zabaldo <zabaldo [at] earthlink.net 
> <mailto:zabaldo [at] earthlink.net>> wrote:
> 
>> 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 <mailto: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 <http://www.alanohashi.com/ecos>
>>> Colorado 303-910-5782
>>> Wyoming 307-274-1910
>>> Nebraska 402-327-1652
>>> ******************************************* 
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>>> 
>>