Buyers, Sellers — and Condo Associations

When Realtors talk about how “cooperative” a client is, they’re usually thinking of Sellers.

So, a cooperative Seller is one who takes (most of) their Realtor’s advice about home prep and staging; prices realistically; has their home looking great for showings and is reasonable about accommodating same, etc.

A cooperative Buyer, meanwhile, gets pre-approved by a reputable lender; develops realistic purchase criteria and home preferences; and ultimately offers enough for a given property that it’s possible to reach terms with the Seller.

So what is a cooperative Condo Building and/or Association?

Put it this way:  an uncooperative Condo Association restricts — or forbades — Sunday showings, a key way for Realtors to generate interest in a particular building.

And when a listing agent (this one) asks building management to take the pads off the elevator walls for two hours (so guests don’t feel like they’re riding in a freight elevator) while the agent hosts a Broker Open . . . actually obliges. 

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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