For those of you who have sold co-ops, how easy or difficult was it for you to sell? Did you get your asking price?
August2004
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Re: Selling your Co-Op
In my co-op complex, people get into bidding wars over the co-ops. They literally go on the market and within days the co-op is gone. We lost 7 co-ops to bidding wars in this complex before we finally got the one we are in now.
I have heard of some places where they do have a more difficult time selling. It really depends on the location and you can check with real estate agents in the area as well.
Moehick
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Re: Selling your Co-Op
All the ones for sale around me lately go within the week.
mv1003
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Re: Selling your Co-Op
Mine sold the next day.... I should've asked for more $$$$$$$
Helene718
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Re: Selling your Co-Op
We sold very quickly and we probably over priced it. We set a limit as far as how low we would go and that is what we got.
IrishBride-05
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Re: Selling your Co-Op
I just sold mine through a realtor. I had two offers for my asking price within days. I set the price high, so I'm not second-guessing why it sold so quickly. I think there's just a big demand for co-ops right now.
It did take a while to get the paperwork together for the contract, but that was just an oversight on the part of the management company. Hopefully the rest will be plain-sailing
white-wolf
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Re: Selling your Co-Op
thanks guys....I was curious b/c DH and bid on an apt. (Jr. 4) in Briarwood (Queens) and after a little negotiating we settled on a price which was accepted. I really want this as an investment b/c we really want a bigger place. I'm just anxious about how long it will take and how low of a price I might have to sell it for. I am 'co-op illiterate' so please bear with me. Thanks for the info. I have so many other concerns and questions.
