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Getting Past the Big Bad Coop Board

Apr 21, 2007

Congratulations, you just heard that you have been granted an interview to get into the coop of your dreams. In most cases, the coop board interview is just a formality and a rubber stamp. But, in a small percentage of cases, the coop board interview can actually make or break your application. In any event, proper preparation is in order. Here are ten important tips to help you pass the interview with flying colors.



1. Dress conservatively. Suit and tie for men. Suit and minimal jewelry for women.



2. Be on time, If not early. Let them be late! Often you are part of a larger agenda of the whole board and the interview is delayed. Be patient.



3. Be prepared for personal questions. Handle them without being defensive. They just want to be comfortable that you'll be a great neighbor.



4. Be familiar with your complete package. Specifically your financial statement. And be prepared to answer any questions concerning your financial picture.



5. Discuss "all issues" before you arrive. If two or more people are being interviewed - Don't contradict or interrupt one another.



6. Don't ask questions. For example, especially ones that should have been answered prior to your signing a contract such as building repairs, financials, etc. This is your interview, not theirs.


7. Don't discuss renovations. Unless asked, and then downplay the extent of the work you intend to do.



8. Don't offer any personal information. Let the board learn more about you after you move in!



9. Don't expect a decision on the spot. More often than not, a review by the full Board must be made.



10. Post interview requests. In some instances, the approval might be contingent upon maintenance being held in an escrow account.
 

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