The Bodenchak Team of Sotheby’s International Real Estate: The Ultimate Package
The Bodenchak Team, led by Frank and Dawn Bodenchak, are the ultimate package in the Hamptons brokerage scene.
Frank and Dawn offer complimentary skills. While he has decades of experience with land planning, architecture and building, Dawn focusses on design and how to transform a product into her client’s dream home. Tyler Goldich rounds out their team. Uniquely, Dawn, Frank and Tyler each have a Wall Street background with finance MBAs.
Frank and Dawn are not just leading brokers…they are also extremely successful developers and investors with 30 years of experience. They pride themselves on being experts in the real estate process from start-to-finish, not just the “showing” stage. Their expertise is derived from personal and collaborative real estate investments totaling over $250 million over the years.
It is this integrated vertical knowledge of real estate that enables the team to advise clients on valuation, land planning, build/renovation potential and design in a way no other brokerage team can.
“Our background is unique. We provide experience-based advice on land and construction” says Frank. “We collaborate with developers and buyers on their plot
plan, architectural design and home features. Ultimately, this collaboration can result in hundreds of thousands of dollars in value creation—or even more on our $20 million new constructions.”
The Bodenchaks’ investment backgrounds add another piece to the puzzle. “Buyers want to know their purchase will be a sound investment,” explains Frank. “We have a passion for creating value, and the financial background that benefits our clients in every conversation. Looking at real estate from an investment standpoint has garnered the trust of a large Wall Street and NYC clientele. Dawn and I look to create extra value by finding special situations and by understanding what can be done with a property or home to maximize value.”
Frank and Dawn have been advising high-end clientele for decades, even before segueing full time into real estate. In his previous life at Morgan Stanley, Frank advised CEOs and over 1,000 investment institutions. He was ranked #1 by Institutional Investor for five years, and a #1 Stock Picker by Reuters. He was the youngest-ever managing director at Morgan Stanley.
Dawn Bodenchak had a background in finance as well. She worked at large institutions such as Credit Lyonnais and Smith Barney, before specializing at boutique investment funds and banks.
Decades later, this team is involved in 20 to 40 deals per year, mostly in the $5 to $30 million range, ranking them as number one among Sotheby’s International Realty’s Hamptons brokers in terms of the number of properties sold, and number two in dollar volume.
They also credit hard work to their success. “We are always working and going the extra mile. We’ve heard some in real estate say they work “smarter not harder”. We believe the secret to our excess is that we work both smarter AND harder. We work 7 days per week, typically 12-hour days.
“We also have a reputation for honesty, and believe our clients are more successful because they can rely on our advice”. Dawn notes, “It is a disservice to all when we see listings with misinformation or non-local agents who give bad or incomplete advice on investments or pricing due to limited knowledge.”
Lastly, they value the Sothebys’ platform. “Our three Hamptons offices consist of 150 elite professionals, all strong in their own right. Whereas some agencies have one or two strong agents, our office consists of the best and brightest in the profession, with a fleet of $100 million producers, each with a deep clientele base. Unlike small brokerage shops, Sotheby’s has 26,000 agents and 1,000 offices around the world, and a long history of collaboration and networking. When we moved to Sotheby’s six years ago, we were surprised how many more sales and rental leads we got from being part of a national brand. We are now ranked within the top 15 agents of Sotheby’s International Realty’s owned and operated international offices.”
Immortalized in magazines and films as a stylish summer spot for New York’s elite, Frank says the Hamptons continues to attract a fantastic clientele. “It’s an amazing, friendly mix of full-time residents, weekend visitors, summer residents and vacationers. It can be a secluded retreat for some but also offers one of the most vibrant social scenes for others. The landscape is known for its open fields and farms and boasts among the prettiest stretches of beaches in the world. Stunning architecture and estate properties abound here.”
Since 2009, the Bodenchaks have integrated real estate with charitable work. They developed and donated five 12,000 sq. ft new constructions as Summer Designer Showhouses. They also introduced three other developers as hosts, raising over $1 million for the Southampton Hospital and Breast Cancer Research in total.
“Beginning with COVID-19, we also started a practice of making a donation for every deal we closed.” Locally, the Bodenchak Team is heavily involved In the Bridgehampton Child Care
Center. They have been contributors to The Children’s Museum of the East End,
the Parrish Art Museum, AARF and United Hamptons. They also support Habitat for Humanity, UNICEF, St Jude Children’s Research Hospital, Save the Children, Shriners and Diabetes research, among other charitable causes.
Whether you are looking for land, a home, an investment opportunity, or simply to rent out your high-end Hamptons estate, the Bodenchak Team will takes care of your needs with their trustworthy expertise and dedication to each and every client’s real estate goals.
