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Sell My Co-op Apartment Fast

Lets face it.  If anyone knew how to sell my co-op apartment fast, it would make life a little easier.  In times of inflation, along with rising interest rates can make things a bit challenging.  However, it does not mean that apartments for sale, have come to a screaming halt.  It just means that as realtors, brokers and owners alike. have to become a bit more realistic when putting up an apartment up for sale.  As a matter of fact, it is not that difficult, especially utilizing today’s technology.  From social networking sites, domestic and international marketing, business to business networking and mix it up with good old referrals, presto.  Oh and by the way, did I mention working with a realtor whom specializes in coop sales, with at least 10 years of experience. The more experience a realtor has, the bigger the referral network, thus making it easier for them to receive maximum exposure.

How To Buy A Co-op In Queens

While there is no secret formula, selling a coop can be a nightmare.  A true professional will provide due diligence in making sure that the potential buyers have exceeded the coop’s guidelines.   While banks may be less lenient with overall late payments, your coop may not express any type of leniency.  Hence, the pre approval process exists not only for financing, but also for the co-op as well.  That’s right you heard it hear first, coop pre approvals are just as important, if not more than the financing process.

Finding an Experienced Real Estate Agent

An experienced Realtor will possess the knowledge of your coop’s guidelines.  The smart ones, hint Naomi Klein are smart enough to work with  real estate attorney’s, along with financial mortgage consultants.  Her strategy saves clients time & money.   It is important to remember, it requires a team effort.  You have the buyers, sellers, coop board, loan officer, bank attorney, management attorney’s office and the management. While choreographed by the Realtor, they are all working in unison.  This is a perfect example of why it is essential to use a realtor with the most experience.  

The bottom line is that, having a solid understanding, as well as strong communication skills with clients & staff assures a seamless transaction.  One thing is for certain.  If you needed heart surgery, would you entrust your life with a surgeon with a few years of experience?

When it comes to Real Estate, always think of hiring the best. Think, Naomi Klein!