20 episodes

Buying or selling property in New York City can be stressful and frustrating, but it doesn't have to be. Things can go wrong, but they don't have to with the right agent. We are Denise Bongiovanni and Sharon Held, and we ARE “ The Real Estate Broads of New York." We have 30-plus years of combined real estate experience and we want to be your go-to-girl guides. Our years of negotiating, buying, and selling, coupled with our knowledge base of New York City, and what it takes to get a deal done is what we want to share with you. By empowering you with our knowledge, you are sure to get your questions answered and feel more at ease the next time you are buying, selling, or moving here. New York City is a special place and we love it! We want to help you own a piece of it and love it too.

The Real Estate Broads of New York Denise Bongiovanni & Sharon Held

    • Leisure
    • 5.0 • 12 Ratings

Buying or selling property in New York City can be stressful and frustrating, but it doesn't have to be. Things can go wrong, but they don't have to with the right agent. We are Denise Bongiovanni and Sharon Held, and we ARE “ The Real Estate Broads of New York." We have 30-plus years of combined real estate experience and we want to be your go-to-girl guides. Our years of negotiating, buying, and selling, coupled with our knowledge base of New York City, and what it takes to get a deal done is what we want to share with you. By empowering you with our knowledge, you are sure to get your questions answered and feel more at ease the next time you are buying, selling, or moving here. New York City is a special place and we love it! We want to help you own a piece of it and love it too.

    Size Matters: Pros and Cons of Big vs. Small Buildings

    Size Matters: Pros and Cons of Big vs. Small Buildings

    Whoever said size doesn’t matter clearly was wrong. It does! We are here to confirm that. The question is, how does it matter? Well if you live in a large building vs a small building...yes we are talking building size, people please this is a clean show..so if you live in a small building vs a large building there are pros and cons to each and often besides the aesthetic and the feel you want when you walk in there are financial considerations to each size of building so it's something to consider. Today we are talking about large buildings vs small buildings and everything in between and how to decide which is right for you.
    Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
    If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
    Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.
    Not moving in or out of NYC but looking for help? Contact us!  We work with a large network of agents and we will help you find the perfect broad (or bro) to help.

    • 8 min
    Getting Gazumped! When Multiple Contracts Are Sent Out

    Getting Gazumped! When Multiple Contracts Are Sent Out

     
    Imagine you’ve been searching for your dream home and with all the bidding wars and lack of inventory you wonder if you’ll ever find an apartment. Then it happens. You find this hidden gem that somehow everyone isn’t clamoring for and you fall in love. You make an offer, it gets accepted and as your attorney handles all of the due diligence and is negotiating the contract on your behalf your dream of the renovations while moving a small fortune of money over to your account to get ready to wire your deposit as you sign on the dotted line, but then the unthinkable happens….your attorney finds out the apartment is no longer available as those dirty bastards send out multiple contracts and your dream apartment is now gone. Today we are talking about the very unfortunate event unbeknownst to you that can happen when there are multiple contracts out on a property and yours is not the one that makes it to the finish line.
    Typically an offer is accepted, due diligence is done, and then after the contract is negotiated everyone signs, and the buyer signs with a deposit. Sellers are allowed to send out multiple contracts, and then sellers countersign the one they want to move forward with, and then everyone is" in-contract".  It’s perfectly legal and sometimes when we start hearing crickets between the buyer signing and the seller signing it might be due to this.
    Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
    If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
    Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.
    Not moving in or out of NYC but looking for real estate help? Contact us!  We work with a large network of agents and we will help you find the perfect broad (or bro) to help.

    • 8 min
    Amenity Aplenty: Are You Really Going to Use Them?

    Amenity Aplenty: Are You Really Going to Use Them?

    Imagine walking into a building, loving the style, decor, and vibe. The lobby is stunning and you’re greeted by a doorman and a concierge. There is a resident's lounge, a manicured roof deck with barbecues, a screening room for movies, a fitness center, a sauna, a pool, and a playroom are just a few of the amenities the building has to offer. You then go into another building only to find a bowling alley, a pet spa, access to a private and highly acclaimed sommelier on-demand, in-house IV drips for the health-conscious, a private restaurant only for residents, an indoor skate park and the list goes on and gets crazier as you go to each building. Your head is spinning, what’s a buyer to do? These are some of the amenities that NYC’s finest buildings can boast about, but are they a reason to buy in a building and pay even more money for an apartment and how does this affect your investment? 
    Living in a fully stocked building does not come cheap and often these amenities go unused. It’s nice to imagine that a squash court or a golf simulator is only an elevator ride away. You may not play but maybe by moving to this new address you’ll take up a new hobby and meet new people along the way. Give it careful consideration because you will be paying for these added features as part of your monthly costs. Lifestyle and amenities go hand in hand, give it careful consideration. 
    Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
    If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
    Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.
    Not moving in or out of NYC but looking for help? Contact us!  We work with a large network of agents and we will help you find the perfect broad (or bro) to help.

    • 10 min
    Winter, Spring, Summer, Fall: The Seasonality of Listing

    Winter, Spring, Summer, Fall: The Seasonality of Listing

    Winter, spring, summer, and fall. All you have to do is call and agents will be there to list your home! That’s what James Taylor said, right?  Ok, maybe not but there is a best time to list and it’s not about if agents will come to look at your home because we work all the time. It’s more important to think about, will buyers come? Getting buyers into your home and strategizing about the best time to list should be based on what you are selling so that if you time it right you can create a flurry of activity of buyers to give you the best chance of getting offers and getting the best possible price. It comes up all the time, what is the best time to list. Today we are talking about the seasonality of listing that is very specific to NYC and what typically works the best and when.
    When to list is almost as important as pricing. There is a seasonality to buying and selling but it may not be what you think as New York City operates to the beat of a different drummer and has its own rhythm. There is a window by which to optimize market activity.  Understanding seasonality is important for achieving a buyer’s and seller’s goals. This is more of a science than an art, but knowing the nuances of the market is critical for a successful outcome. 
    Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
    If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
    Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.

    • 7 min
    Show Me The Money! Cash vs. Financed Offers

    Show Me The Money! Cash vs. Financed Offers

    Have you ever had a few million bucks just itching to leave your pocket? Maybe when you did you thought hey I’ll go to NYC and buy an apartment and get a huge discount? Think again. We all know "cash is king" as who doesn’t love cash, but it’s more buyers pay in cash here than you might think and it doesn’t always mean you will get a big discount or that if you are bidding against other buyers that you will be the one who gets the property. Today we are discussing cash vs financed offers and what to consider regarding each of these forms of payment when buying in NYC.
    In a competitive market, it is hard to beat an all-cash offer. Many people do not have the means to pay all cash and need to finance their purchases. When making an offer, where obtaining financing is critical to the buyer, this is called a contingent offer. A non-contingent offer is when a buyer will secure a mortgage but for whatever reason, fails to do so, will need to pay cash at closing. If you are a cash buyer, you still need to consider your post-closing liquidity when you are purchasing in a co-op as opposed to a condo that does not have the same financing constraints that a co-op does. 
    A seller may be tempted by an all-cash offer because the process to close is going to be quick and often without an appraisal. But not always does the cash offer win the bid. Often offers could be lower because buyers feel that cash offers a certain amount of advantages. This is not always the case. A seller and their broker will analyze the buyer’s profile to ascertain the likelihood of the buyer’s ability to secure financing. There is no general rule or practice about this. It really is transaction-specific. 
    Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
    If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
    Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.

    • 10 min
    Picking a Neighborhood: Oh, The Places You'll Go!

    Picking a Neighborhood: Oh, The Places You'll Go!

    Organic supermarkets, Broadway, restaurants that everyone knows vs hip bodegas, experimental art, and newer cafes. Everyone wants to live there vs some people who don’t even know where it is. Living off the 1,2,3 vs the K, G, or Q lines. Today we are talking about how to pick a neighborhood with a focus on established areas vs more up-and-coming neighborhoods and what to consider when sorting through all of it.
    There are so many things to think about when picking a neighborhood. You want to consider work, enjoyment, things you like to do in the neighborhood, and what your daily needs are. Think about what’s most important about where you live so that you can focus on that. We all live differently so you want to flush it out.
    Balancing personal happiness versus making money means you have to know what’s most important to you. Up-and-coming neighborhoods typically appeal to people who are willing to go without all the services that more established neighborhoods have. Typically you will make more money on a property if you buy in an up-and-coming neighborhood and sometimes it’s only a few years before it becomes more popular.
    If you decide to live in a more established neighborhood you can still make money on your purchase as those values go up too so if you don’t want to be a trailblazer that’s fine too. Think about how this neighborhood is going to work for you.
    We always advise you to walk around a new neighborhood that you’re not familiar with at different times of the day. Go there on the weekend as well as during the week so that you can see if you feel comfortable.
    Prioritize your list of what you want in a neighborhood and know the order of importance on that list so that you can make sure you get what you want.
    Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at deniseandsharon@compass.com
    If you enjoy this podcast, please tap on the stars below and consider leaving a short review on Apple Podcasts. It will take less than 60 seconds, and it makes a difference in helping us bring you more content.
    Subscribe to The Real Estate Broads of New York on Apple Podcasts, Google Podcasts, Stitcher, Spotify, or wherever you listen so that you never miss an episode, and let us know if you have any questions or topics for future episodes you'd like us to discuss.

    • 9 min

Customer Reviews

5.0 out of 5
12 Ratings

12 Ratings

Elisereid ,

No-Nonsense, Accurate, and Entertaining!

Love these women! They tell it like it is, and it’s hilarious. A great listen whether you want to learn more about the insane NYC real estate market, or chuckle about the craziness that can only be found in New York.

DN in Dallas ,

Real estate advice at it’s best….

I absolutely love Denise and Sharon’s brand of honest, real and insightful advice about buying real estate in NYC. Plus, the great chemistry between these two makes the podcast ever so fun to listen to - and learn from.

Daaveed ,

Great content, fun conversations, substantial and valuable industry knowledge.

Great content, fun conversations, substantial and valuable industry knowledge. Love that they are short 10 minute episodes and to the point.

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