Winning in Real Estate with Kelly Killoren Bensimon
Dec 31, 2024
auto_awesome
Kelly Killoren Bensimon, a real estate expert and former star of Real Housewives of New York, dives into the craziness of the housing market. She shares essential tips for navigating investment properties and standing out in rental applications. Kelly also discusses her journey from a personal crisis to impressive real estate success, along with her thoughts on potentially rejoining the RHONY cast. Tune in for her insights on authenticity, financial independence, and the realities of being a reality TV star!
Kelly Killoren Bensimon emphasizes the necessity of having finances in order for successful bidding in a competitive real estate market.
The podcast highlights the financial pitfalls of reality TV fame, stressing the importance of financial literacy and long-term stability over lavish lifestyles.
Deep dives
Airbnb Co-Hosting Network
The Airbnb co-hosting network offers a solution for homeowners who may feel overwhelmed by managing short-term rentals, especially if they live far from their property. Local co-hosts with experience can handle tasks such as customer communication, property management, and creating listings, enabling homeowners to earn extra income without the logistical stress. For instance, a homeowner in Maine can successfully rent out their summer home while living full-time in San Francisco by relying on a trusted co-host. This innovation allows individuals to maximize their property's potential and simplify the hosting experience.
Managing Finances with Chime
Chime provides an effective banking solution designed to help users manage their finances without burdensome fees. With features like no monthly charges, fee-free overdrafts, and a supportive community aspect through the SpotMe feature, Chime encourages users to maintain financial control. The user experience is enhanced by the ability to receive financial boosts from friends, fostering a culture of mutual support. This approach not only simplifies banking but also empowers individuals to make better financial decisions and progress in their financial goals.
Real Estate Insights from Kelly Ben-Simon
Kelly Ben-Simon, a successful real estate agent and former cast member of The Real Housewives of New York, shares pivotal advice for navigating the competitive real estate market. She underscores the importance of having financials in order when entering bidding wars, emphasizing that readiness can be the difference in securing a desired property. The current market is characterized by high cash buyers, which creates opportunities for sellers, irrespective of broader economic conditions. Kelly also stresses that building strong relationships in real estate is crucial, showcasing her business acumen and understanding of client lifestyles.
Financial Lessons from Reality TV
The discussion delves into the financial challenges faced by reality TV stars, particularly from 'The Real Housewives' franchise, where many have encountered bankruptcy. The phenomenon often stems from lifestyle inflation and living beyond means, where the desire to project wealth and success can lead to dire financial realities. The conversation highlights the importance of financial literacy and caution against emulating perceived wealth from television characters. Ultimately, it emphasizes the need to maintain a healthy financial perspective and prioritize long-term stability over short-lived glitz.
With the housing market so bananas right now, it's time to phone a friend. Enter real estate expert and former Real Housewives of New York star Kelly Killoren Bensimon; Kelly tells Nicole all the do's and don'ts of navigating this market, whether you're looking at an investing property, or trying to beat out competitors with a stellar rental application.
Plus, you've heard of the boomerang employee (the employee who leaves a job and later comes back), but have you heard of the boomerang (Real) Housewife? Might Kelly be next? Nicole asks Kelly whether she'd join the cast of Real Housewives of New York: Legacy. RHONY fans will not want to miss her answer!
Originally aired 01-06-2023
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode