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.