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Trading Secrets

268. Ryan Serhant: Owning Manhattan star and CEO & Founder of Serhant returns! BTS of the current state of real estate, creating a new genre of reality TV, and his decision to live his life completely public

Trading Secrets

Audioboom Studios

News, Business News, Business, Entrepreneurship, Education, Self-improvement

55.5K Ratings

🗓️ 15 December 2025

⏱️ 87 minutes

🧾️ Download transcript

Summary

This week, Jason is joined by returning guest and one of the most influential leaders in real estate, Ryan Serhant! He is the Founder and CEO of Serhant, now home to more than 1,500 agents with growth that has doubled year over year. He’s built one of the most followed and powerful real estate brands in the world with over 9 million followers across all social media. Most importantly, he is back on Netflix with season two of Owning Manhattan, showing a more competitive, more ambitious and more strategic side as he expands his empire beyond Manhattan in battles in the most cutthroat luxury real estate market in the world.
Ryan breaks down the current state of the real estate market and why the way people think about homeownership needs to evolve. He explains which markets remain stronger than ever, how banks are underwriting loans right now, and why it feels like everyone works for the government. Ryan shares his perspective on a potential rent freeze in New York, whether he’d ever consider going into politics, and the surprising parallel between divorce rates and the Fed lowering interest rates. He also unpacks the two largest referral sources in the U.S., why fear is often the only driver of lower prices, and how he approaches building trust in volatile markets. On the creative side, Ryan dives into creating a TV show no one has seen before, valuing the viewer’s time, launching a new genre of reality TV with season two of Owning Manhattan, the movie that inspired part of the show’s opening, and how Netflix checks compare to Bravo. He closes by sharing how he handles public attacks on his character, the four P’s, and why choosing to be an open book has been central to his success.
Ryan reveals all this and so much more in another episode you can’t afford to miss!
Host: Jason Tartick
Co-Host: David Arduin
Audio: John Gurney
Guest: Ryan Serhant 

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Transcript

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0:00.0

Welcome back to another episode of Trading Secrets.

0:15.6

I'm your host, Jason Tardick, and I got the one, the only, the curious Canadian here with me on this intro.

0:21.6

We are back for an episode you truly cannot afford to miss. It is with Ryan Sirhan from owning Manhattan

0:27.2

season two. It's out now on Netflix. But in this episode, we get into everything, the behind

0:32.0

the scenes of filming, production. How much do they get paid? Does he make more on Netflix or

0:37.2

when he was back on

0:38.1

Bravo and all the things real estate? So I would tell you for the first 20 minutes, we are in

0:43.7

the weeds on real estate. What is happening in the market? Is it a buyer's market? Sellers

0:48.0

market? What should renters do? What's going on with policy? What do you think about the policy?

0:53.0

Recently, President Trump put out a potential

0:56.3

plan for a 50-year mortgage. Mr. Surhan, what do you think of that? All the moving parts. This one is a

1:02.4

master class. Professor Sirhan is here to advise us and give us all the different information.

1:08.3

It is like no other. One thing you got to know going into this week,

1:12.3

there was just an article came out that is talking about the median and average net worths.

1:17.2

I've talked about it on my podcast. I've talked about it in the books that I have written.

1:21.6

You cannot improve your net worth. You cannot improve your numbers unless you know your

1:26.4

numbers. So take some time,

1:28.6

understand what your net worth is. David, you are here right now. What do you think the average

1:33.7

net worth for the ages 35 to 44 in the United States is the average net worth of those 35 to 44?

1:44.0

35 to 44, which means you're probably in the median first time home buyer.

1:48.1

You probably got some assets with the, maybe got some investments.

1:51.0

I'm going to say this could be low end could be high.

...

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