Michael J. Maloney is a full service Licensed Real Estate Broker servicing Downstate Metro New York. His office is centrally located in Nassau County. Mike and his team of Licensed Agents and Associate Brokers concentrate on the Long Island and Metro New York market. His areas of coverage consist of Nassau, Suffolk, Queens, Brooklyn and Manhattan counties. They specialize in retail and foreclosure sales since the mid 1990’s. Mike has over three decades of real estate brokerage experience. He opened his office in Bay Ridge, Brooklyn in the 1990’s and relocated to Syosset, NY. Mike has built three very successful real estate businesses over the past 30 years.
He still operates a mid-size Real Estate Appraisal Firm business with concentrations on high-end properties in New York City, the North Shore of Long Island and the Eastend Hampton market. His appraisal firm is called upon by most major lending institutions that include but not limited to: HSBC, JPMorgan Chase, Citizens Bank, Bank of America, and CitiBank. His appraisal clientele also includes high powered Divorce and Estate attorneys, Foreign Conciliates, Professional Athletes, Actors, Media and Newscasters.
On the appraisal side, Mike has trained over 100 residential appraisers, many of who still practice. Mikes real estate appraisal business has complimented his expertise on the real estate brokerage end. Mike first started selling real estate in New York in the 1990’s when he co-founded a Brokerage in Brooklyn specializing in the sale and management of Bank Owned Property after the major savings and loan crisis. His brokerage business moved to Long Island where Mike specialized the entire Nassau, Suffolk, and Queens Markets. Mike is a member of LIBOR which covers Nassau, Suffolk and Queens Counties. He resides on the North Shore of Long Island where he has a network of professional Realtors, Attorneys, Lenders, Contractors, Plumbers, Electricians, and Law Enforcement. Mike’s REO business concentrates in these areas of Nassau, Suffolk, Queens, Brooklyn and Manhattan counties.
His firm also works with retail buyers and sellers. Mike’s analytical knowledge of every type of property is priceless when it comes to properly listing a house for a client or narrowing a search and properly informing and consulting purchasers. He knows how to effectively take a part data to help a buyer or seller more efficiently complete a profitable transaction. Mikes specialty and experience in bank owned foreclosure sales is second to none. He specializes in REO sales, deed in lieu and short sale negotiations for the largest lending institutions including: HSBC, JPMorgan Chase, Bank of America, CitiBank, and US Bank. His firm is well skilled and persistent in cash for keys negotiations, Deed in Lieu, and Short Sales. His firm secures and really takes care of his clients assets. Mike has strong relationships with preservation companies to jump on any emergencies that result. The firms relationships with most police precincts on Long Island and NYC is priceless when it comes to removing tenants that break into assets.
Mike’s valuation and appraisal experience helps a lot on pricing assets properly for disposition. His firm is on most REO platforms for mortgage servicers to dispose of assets. Maloney’s team will protect their client’s assets properly and get the client the highest possible price in the shortest time frame.
Mike is also a very active broker in Southwest Florida with a concentration in Naples and Marco Island. He is an Associate Broker with Premiere Plus Realty and has a team of five other agents to assist. His specialty is working with out of state buyers who relocated or investors that want to own in Collier County. Mike is very knowledgeable of the Southwest Florida market and a resident of Naples, FL for 20 years. He will assist all buyers in every aspect of their relocation including referring attorneys, title companies, home inspectors, contractors, movers, painters, etc. He will also refer you to various school headmasters and principals. Mike knows the Southwest Florida market very well.