HomeMy WebLinkAboutA013 - Letter from Lee & Barb Matson, Tax Abatement Oct 06 00 05: 15P RE MRX Real Estate Center (515) 232-4707 p. l
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Lee & Barb
MATS
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Thursday, October 05, 2000
OCIT - 9 2000 E
Ted Tedesco LEE Se BARB MATSON
4002 Stone Brooke Road CITY CLERK
Ames, Iowa 50010 CITY OF AMES,IOWA
RE: Somerset Property Tax Abatement
Dear Ted:
The developers of the Somerset addition to Ames have temporarily given the other real estate
agents in Ames access to selling their homes in Somerset now that they have not been able to sell
them without our assistance. We welcome the opportunity for those agents not associated with
Hunziker, Friedrich or Furman to finally be allowed to receive a decent commission rather than a
referral fee(if any at all) for providing a buyer for their new construction. In recent past years
Furman has been very good about letting us show and sell their new construction all over town,
Friedrich would allow a referral fee to be paid and Hunziker would not even pay a referral fee
until just the past few months.
Several of us in the real estate community are concerned that we may be asked to help
"contribute" to the property tax abatement and also to encourage our buyer prospects to become
interested in the Somerset addition, only to have the right to sell these homes taken away from us
after the "over supply" has been marketed. I have tried twice to get a statement in writting from
the developers indicating that they would continue to honor the new commission agreement and
schedule (even without the $1000 bonus) until Somerset is completed and we have yet to receive
a written, or even verbal, commitment from the group.
Does it not seem logical that for at least as long as the property tax abatement is in place that the
selling of new homes constructed by the developers be open to all real estate agents of the local
real estate market instead of just those agents that are associated with Hunziker, Furman or Fried-
rich? Verbally I have been told that this is not a problem when approaching each of the developers
individually, but they have had 2 weekly meetings since I first brought this matter to their
attention and I have yet to receive a written, or even verbal, guarantee that the project will remain
open to the other 50+Realtors associated with the Ames Multiple Listin ice.
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Real Estate Center
Each Office Independently Owned and Operated
1606 S. Duff Ave, Suite 100
Ames, IA 50010-8026
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Phone (515) 232-4663
. .M- Fax (515) 232-4707
Oct 06 00 05: 15p RE MAX Real Estate Center (515) 232-4707 p. 2
Question, if we are going to have a property tax abatement, why not the whole town, not just So-
merset. Is it fair to other local developers not to be included in the abatement program? I will
not be in town next week, so I hope you can pass on my thoughts to the other council members.
Thank you in advance for your consideration.
ncerely,
Lee Matson, ABR, CRS, GRI
Broker/Owner of the First RE/MAX
office in the state of Iowa
Lee and Barbara Matson
REALTOR®