Buying a coop in NYC? Learn how to ace your NYC co-op board interview: https://goo.gl/Lu5ucs
A co-op board interview is the final step to board approval when buying a co-op apartment in New York City. A co-op (coop) board interview is scheduled once you’ve submitted your purchase application and have been conditionally approved. The best rule of thumb is to dress “business casual” for your co-op (coop) board interview.
If you are receiving an NYC real estate commission rebate and working with a seasoned buyer’s agent, you can expect your agent to help prep you for the interview.
Request a NYC buyer agent commission rebate: https://www.hauseit.com/nyc-broker-commission-rebate/
Here are a few tips for maximizing your chances of having a successful interview:
Tip #1: Be on time
Being late to a co-op / coop board interview can be disastrous, especially if the board members are all on time. As you can imagine, this doesn’t look too good for you and the psychological guilt and pressure you’ll experience may traumatize you during the co-op board interview itself.
Preparing for the co-op board interview in NYC: https://www.hauseit.com/preparing-for-the-co-op-board-interview-nyc/
Tip #2: Don’t mention renovation plans
It’s your right as a shareholder to renovate your apartment. However, just remember that renovations are disruptive to fellow residents and create more work for board members. Why let them imagine the additional work you’re going to create for them during the interview? You can proceed with your renovation plans once you are approved.
Tip #3: Don’t talk too much
The best NYC coop board interviews are short and sweet. Just answer the board’s questions succinctly and leave it at that. If the board asks if you have any questions, simply tell them that you can’t think of anything at the moment.
Even if you want to get a head start on renovations or urgently need the coop board’s attention on something else, please have the courtesy to wait until you are a shareholder. It shows poor judgement and arrogance to start demanding things of the co-op board and asking them difficult questions when you haven’t even been approved yet.
Tip #4: Clean up your online profile
Consider doing an online privacy check-up before your interview. What will the board find out about you from a simple Google search? The last thing you want is to create a negative impression for the board before you’ve even gotten a chance to meet them.
Is buying a coop (co-op) apartment a good investment in NYC: https://www.hauseit.com/is-buying-a-coop-a-good-investment-in-nyc/
The board will typically let you know whether you’ve been approved within a few days to a week after the interview.
Buying a co-op? Request a discreet New York City real estate commission rebate by visiting www.hauseit.com
