UPDATE 12/21/08
This is how the system works here in this Community, East and West. If you sell
your house in the west yourself, you must pay the Developer 2% of the sale. If you sell your home in the east, your OK. Presently this is how it is done in the East and West.
The resales office sells your home, they receive a 6% commission. The total amount of this money is given to the Lake Ashton Management. They keep 3% of the total sale and after 2-3 weeks the remainder of 3% is given to the resales office for their commission. Now if they sell a $400,000 home that amounts to $24,000 commission. $12,000 or 3% goes to the developer and $12,000 OR 3% goes the the resale office. Please note that the developer does nothing to sell your home.
Why is the developer receiving 3%? Simple, they give you a year of free golf worth about $3,500 which starts on the day you bought the house. Who has time to play golf when you just move in when repairs, painting and decorations has to be made on the house. And what happens when you don't play golf? Is this money given to charity? Does the developer give any money to charity?
No comments:
Post a Comment