HABITAT
Subscribe for Daily Updates!
While most buildings have open houses on a frequent basis I do have a concern regarding the property I live in. What/if any, policy can one put in place regarding brokers and open houses as my concern is that they have readily access/perform a walk through of all areas of our building,(storage areas, swimming pool, gym etc). While I do understand potential purchasers need to see these areas how can we make sure the areas are not being "cased out" so to speak. How can we protect ourselves as a Coop.
sincerely S.Holmes
there were quite a few postings on curbed about people going to open houses and stealing from the seller. They were now instructing sellers to put any jewelery, watches , any thing small in a different location. However not all the items were small, i think they caught a couple that were stealing larger items from the open house.
I never really trusted brokers to begin with. LOL
Nick(ed)
We do not allow OPEN HOUSE. No one is allowed in without the broker or the owner.
No posting of signs on polls etc.
An open house means the potential buyer gets to look at that apartment that is listed and scheduled for an open house. They should not be wondering your building without management/board approval. Your Super/Resident Manager needs to be proactive in setting the rules unless directed otherwise by the manager or the board. This is a breech of security, for all you know it could some kook!! Your building is not a rental, so they should stop treating it like one.
In a building that I manage all unit owners/brokers have to register their open house with management. We ask for the broker(s) name(s) and that is given to the door staff along with the notice of the open house. If someone attempts to have an open house with registering, we do not allow potential buyers in. It's a hard stance but it has worked well and unit owners accepted it. In a non-doorman building we do something similar but we pay the Super extra to be present during the open house and we only allow open houses from 12-6pm.
We do not permit an open house of any type at any time for any reason.
Hence, no issues, no folks wandering about, no security concerns.
When showing an apartment either the seller must be present or must authorize entry.
The real estate broker is required to sign-in and sign out.
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat u
visit habitat uHabitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Archives
search
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.
Ask the Experts
learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!
This is no doorman building. We get management to bring in security during the hours of open house. All sign in and the seller has to pay the Co Op for this service.
Thank you for rating!
You have already rated this page, you can only rate it once!
Your rating has been changed, thanks for rating!
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.