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April 4, 2023 30 mins

You’ve seen him on Bravo’s “Million Dollar Listing New York,” but did you know that Ryan Serhant is also the founder and CEO of the world’s most followed real estate brokerage brand, SERHANT. On this episode of Paychex THRIVE, a Business Podcast, Ryan is talking with Gene Marks about the economic outlook for 2023, 2024, and 2025 and what that means for commercial real estate. Listen in as he shares a bit about how he started SERHANT., the impact of interest rates on real estate, the importance of differentiating yourself in your industry, and much more.

Topics Include:

00:00 – Welcome, Ryan Serhant 01:05 – Introduction to SERHANT. 03:56 – Today’s real estate market 07:42 – Impact of interest rates on real estate 11:14 – What to do during today’s economy 13:58 – Turnover in the real estate industry 15:07 – Outlook for 2023, 2024, and 2025 15:51 – Silicon Valley Bank and financial service industry 19:22 – Work from home culture 20:56 – Differentiating yourself 22:00 – Advice for purchasing commercial property 23:22 – The importance of being able to adapt 24:42 – Selling commercial property in 2023 27:06 – The future for Ryan Serhant and his business 28:58 – Wrap up

What other small business trends can you expect in 2023? Learn more at www.paychex.com/articles/management/small-business-trends.

Hear more about the Business Outlook for 2023 at www.paychex.com/worx/podcasts/business/matt-egan-on-business-outlook-2023.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

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