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Managing agent

Started by CityChild
about 11 years ago
Posts: 0
Member since: Sep 2014
Discussion about
I'm wondering if anyone thinks that it's a conflict of interest that our managing agent also sells and rents out units in our coop?
Response by MrMidtownWest
almost 11 years ago
Posts: 13
Member since: May 2014

Nope. If you trust them to sell why not to rent also?

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Response by jelj13
almost 11 years ago
Posts: 821
Member since: Sep 2011

Not necessarily a conflict. I know of one coop where the Board has the managing agent do that, but residents don't pay a broker's fee.

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