The Real Estate Broads of New York

Your company lets you know you finally have that opportunity overseas and they want you there full time by January. Your extended family has been migrating south and you decide that's something you're now ready to do. You are about to add another member to your family, but the apartment you have is too small. These are all great reasons to sell your apartment, but what do you do if it's the end of October when you find any of this out. Do you list the apartment now or wait until after the holidays? With this show being on Thanksgiving we thought it would be a great time to talk about listing during the holidays. The pros and cons and what we typically think sellers should do.

Traffic is key to a successful listing. Impeding access will hinder any sale. But, if you are a real seller and someone staying put for the holidays a buyer could be eager to pick up that property before year-end. Also, a seller can position their property ahead of the listing wave that typically happens in January. As many sellers take their properties off the market between Christmas and the New Year (days on market are still accumulating) there is less inventory for buyers to see. There are definitely pros and cons to showing your home during the holidays but receiving an offer during that time can be one of the best presents you receive.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

You've been pounding the pavement looking for a home and you find this stunning apartment. It's priced a little high, but you can see all the money the sellers have put into it in terms of renovations, so you know it's worth the price. You're not the only one who wants this home because the open house was flooded so you tell your broker to bid high as you don't want to lose it, but then your broker says well we need to think about the appraisal and what contingencies we want in the offer and you say huh? There is so much more than just coming up with a price in terms of offers so today we are talking about contingencies and appraisals and how to protect yourself while still being competitive.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

It's the city that never sleeps: The Big Apple! There is something in the New York air that makes sleep useless. With 8 million people how can you ever be lonely? Well, you might never be lonely but chances are if you're moving from the suburbs it might feel a bit cramped. It will certainly be different. NYC is glamorized in the media and it can have its magical moments, but it also can be an adjustment. Both Sharon and I work with buyers that are born and bred New Yorkers and also with people from every corner of the globe moving here for the first time. Today we are discussing how to set your expectations when moving to NYC. Regardless if it's just from one borough to another or from across the world.

You want to ask yourself some questions such as how do you see yourself living in the city. Do you want to see shows? Are you drawn to Central Park? Are you a foodie and want to live downtown with everyone who is hip? Lifestyle is important and imagining your life in the city can help you adjust to why you are moving here and what you will get from it.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

So you're looking to own in NYC and you've heard of co-ops and you've heard of condos and there are also townhouses for the right budget, but then you come across another type of property. It's called a condop and you think what is that? Well only in NY or maybe somewhere else who knows but we have properties that are called condops. In our discussion last week we talked about land lease buildings and often the property type with a land lease is a condop. We are going to break down the pros and cons of this unique property type and help you determine if this is the best for you or not.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

Imagine that you have dreams of buying in one of the top neighborhoods in Manhattan. Think West Chelsea, the West Village, Park Avenue but your budget is more Murray Hill or midtown which are more budget-friendly neighborhoods. Then all of a sudden you come across an apartment that is almost too good to be true. It's beautiful, it's big and it's within your price point and it's so much less expensive than all of the other properties in that neighborhood. What's going on? That's when the listing broker tells you it's a land lease and you say...huh?

What is a land-lease?

A land-lease building is a building where the land is owned by an entity separate from the building. As an owner in a land-lease building, you will be paying rent to the person or entity that owns the land. This is usually incorporated into your monthly maintenance charges which usually results in higher monthly charges. Typically the land lease goes out many years with escalation clauses throughout the term of the lease. The benefit of buying in a land-lease building is that usually, the cost of the property is much less because of the uncertainties around a land lease.

Buyers that are more risk aversive or typically more willing to buy in land-lease buildings. They are a bit trickier than buying just a straight property where the land is owned by the building but if you are comfortable with the risk it could be an amazing opportunity to live in a neighborhood you couldn't afford otherwise and or have an amazing apartment at a lower price. However, don't forget about those monthlies being high.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

You've been pounding the pavement for weeks and finally, you have found the home of your dreams. You decide you'd like to make an offer. All of the hard work is behind you and now comes the easy part. Think again! There are many steps from finding that home to making it yours. We want to help buyers avoid some of the common pitfalls that happen when you're only focused on the search but not prepared for everything that comes after. The devil is in the details. We talked about seller's mistakes last week so this week we are focusing on buyers' common mistakes and what to think about before you go out and spend all that time looking for a home. We want you to be prepared so that you can make that beautiful home yours.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

I would like everyone to brace themselves. What you are about to read are the actual words of sellers regarding their apartments before listing them. "Hey, let's price this really high so that people will have room to negotiate. I don't see why getting rid of a red bedroom to a more neutral tone would make a difference. I know the closets are full but buyers will understand they are big closets. Why do I have to fix everything? This apartment is so amazing even though the price is high for the building and neighborhood I believe we will get that price. Well, it's only the first offer but let's see what else comes along." We could go on and on but instead today we are going to talk about the biggest mistakes sellers make and how to catch yourself if you are falling into that trap.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

You have found the most beautiful, designer, perfectly thought-out apartment in NYC as you were able to buy new construction and when you first went into contract on the apartment all you had was a floorplan, a building model, and a dream. But now that dream is going to become a reality as you're getting ready to do your first walk-through….but suddenly the dream starts to become a bit of a nightmare because to your horror it's not perfect! We had such a great conversation last week about new development and what to look for when buying that we wanted to continue this topic with what happens with the walk-through for new construction and to remind everyone that even a brand new apartment has flaws.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

NYC it's the dream of many to live here but as it's been around for a long time there are more old buildings than new ones. However, it's also the dream of many to live in a brand new apartment. Buying new development is not for the faint of heart. That shiny new penny is gorgeous but it can come with its headaches and you have to know what to look for when exploring new development. There are timelines, picking the right developer, neighborhood considerations (new vs established) and so much more.

Any other questions? Reach out to us at www.therealestatebroadsofnewyork.com or you can email us at [email protected]

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.

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 [email protected]

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.