Latest / The Loan Daddy Podcast
023 - Dealing With Difficult Co-op Management Companies (3 Strategies for NYC Agents)
In every transaction there's a hurdle that can delay a closing or stop it entirely. In New York co-ops and condos, it's often the management company. Scott walks through three strategies his team uses, with the real deals behind each one.
In this episode:
- A purchase that sat four weeks without a signed contract, and why every extra day gives a buyer time to back out
- The building insurance increase management called impossible, done three weeks later
- Strategy 1: management companies work for the board. One email from a co-op board president moved a closing up within 24 hours
- Strategy…
The skinny
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