06/24/2025
💡 Tuesday – Tips & Trends Tuesday
🎯 Our Goal: Educate buyers/sellers with real usable information
📌 Co-op vs Condo + Common Mistakes + Importance of the Right Agent
Co-op vs. Condo — What’s the Difference (and What Buyers Get Wrong):
🏢 Co-ops = You buy shares, not the property.
✅ Lower prices, but more restrictions.
💬 Board approval is no joke.
🏙️ Condos = True property ownership.
✅ Easier to finance + rent.
💰 But you’ll usually pay more.
💥 Common Mistakes Buyers Make:
- Assuming all buildings allow subletting
- Underestimating closing timelines
- Not reviewing building financials
🔑 Here’s the truth: If you’re not working with an agent who has handled dozens (or hundreds) of these transactions, you might miss key red flags.
At Dakis Group, we’ve built streamlined systems to prepare you for every step of the way so there are no surprises at the board table or closing day.
DM us if you want to learn how the right prep makes all the difference.