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considering co-op board package

CONSIDERING CO-OP BOARD PACKAGES

CONSIDERING CO-OP BOARD PACKAGES

Remember the game “52 Pickup”?  It’s the “trick” played by a practical jokester on an unsuspecting victim who must pick up 52 cards that have been scattered willy-nilly on the floor.  “That’s what the board packages we get look like sometimes—especially from the larger firms where there seems to be less supervision,” says Jane Bayard, Warburg’s Executive Vice President.  She’s describing how sometimes what we get from our co-brokers makes no sense.  “It looks like the papers have been literally dropped on the floor, then picked up totally out of order and reassembled haphazardly with no thought to logical sequencing of information and with numbers that just don’t match up.”