Selling a NYC co op before relocating? Learn the timeline, board package steps, and how to avoid delays that can derail your move.
Co ops are unique. The buyer does not only need money. They need approval.
Your timeline has more steps
Typical co op process includes:
Offer accepted
Contract and due diligence
Board package prep
Board review period
Interview and approval
Closing
If you are relocating, the board timeline must be built into your move plan. Many sellers underestimate this.
The board package is where deals slow down
A weak package delays everything. You want a buyer who is organized, qualified, and coached through the process.
Common delays include missing documents, incorrect statements, and buyers who do not understand how strict co ops can be.
Choose the right buyer, not only the highest price
A higher offer from a weak buyer can cost you more time and stress than a slightly lower offer from a strong buyer.
If relocation timing matters, buyer strength is part of the price.
If you are selling a co op and relocating, just send us a message.

Leave a comment