Tag Archive for: Real Estate

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What Realtors Can Learn from Ryan Serhant: Building a Path to Success in 2025 and Beyond

Ryan Serhant, one of the world’s most renowned real estate agents, has captured the attention of millions not only for his million-dollar deals but for his ambitious spirit, persuasive charm, and his ability to teach aspiring realtors. With over $5 billion in closed sales, Serhant has set a high standard in high-end real estate sales, and realtors everywhere can draw important lessons from his management style, strategies, and adaptability. But real estate is an evolving field, and even Serhant’s level of success comes with its own set of challenges. As we move toward 2025 and beyond, realtors will face emerging obstacles that will demand the adaptability, charisma, and technological savvy that Serhant has mastered.

Lessons from Ryan Serhant’s Success

1. Mastering the Art of Persuasion

Serhant’s persuasive skills are legendary. In the world of high-end real estate, he is often tasked with selling properties priced well into the millions, sometimes with unique features that might appeal to only a small niche of buyers. His ability to build rapport quickly, ask the right questions, and, crucially, identify what the client truly values in a property is key. Serhant often talks about “finding the ‘why’ behind the buy,” a principle that helps him match clients with properties that go beyond just square footage and amenities.

2. Building a Personal Brand

Serhant’s approach to personal branding is another major takeaway for realtors. He has crafted a brand that exudes luxury, energy, and reliability—a brand that helps him stand out in an industry with over 3 million licensed agents in the U.S. alone. Realtors today must go beyond traditional advertising and leverage social media, public relations, and digital platforms to create a unique brand image. According to the National Association of Realtors, 44% of buyers now start their search online, making a strong online presence more essential than ever.

3. Expanding Through Teaching and Empowerment

One of Serhant’s most remarkable qualities is his willingness to share his knowledge with others. Through platforms like his “Sell It Like Serhant” courses, he imparts his wisdom on negotiation, relationship-building, and deal-closing. This not only adds to his brand but helps build a loyal following of aspiring real estate agents, positioning him as a thought leader in the industry. Realtors today can benefit immensely by taking on similar mentorship roles, as clients increasingly gravitate towards agents who are not only knowledgeable but educators in the field.

4. Relentless Ambition and Continuous Growth

Serhant is known for his relentless ambition. He built one of New York’s top real estate firms from scratch and consistently finds ways to expand. His motto, “Expansion always, in all ways,” captures his approach to growth, emphasizing that he’s never content to settle. Realtors can apply this mindset by constantly looking for new opportunities, whether that’s expanding to new neighborhoods, targeting different demographics, or exploring emerging property trends like eco-friendly builds or smart homes.

Serhant’s Approach to Managing High-End Real Estate

Working in luxury real estate requires exceptional attention to detail and an understanding of unique client needs. Serhant’s management style is defined by a combination of rigorous attention to every client interaction and a positive, empowering work culture that allows his team to thrive. He encourages a high level of autonomy while setting high standards, which fosters innovation and a sense of ownership in his team members. This management style is something any realtor can adopt, especially when building or growing a team.

Serhant is also not afraid to spend money on technology that enhances the client experience, like virtual tours, high-end photography, and 3D renderings. This allows him to showcase properties in a way that resonates with affluent buyers and outshines the competition.

Challenges in Real Estate Today

While Serhant has mastered many aspects of real estate, there are significant challenges facing the industry today:

  • Inventory Shortages: Inventory shortages have impacted real estate markets worldwide, making it harder to meet buyer demand and pushing up prices. This is especially challenging for new agents trying to break into the industry, as securing listings has become more competitive.
  • Interest Rate Increases: Mortgage rates in 2023 reached levels not seen in decades. For many buyers, this has decreased affordability, and for sellers, it has led to a reluctance to list properties and give up their lower rates. Realtors must be prepared to counsel clients on alternative financing options or negotiate deals that can help mitigate these concerns.
  • Economic Uncertainty: With economic changes impacting everything from lending policies to construction costs, realtors are navigating a much more volatile market. High inflation and concerns over economic slowdowns mean that deals may take longer to close as buyers become more cautious.

Anticipated Challenges in 2025 and Beyond

1. Increasing Demand for Tech-Savvy Realtors

Clients today expect more from their real estate agents than ever before. High-quality video tours, drone footage, and even VR home showings are becoming standard. According to the NAR, 73% of buyers say they are more likely to choose agents who use virtual tours and videos. Agents who resist integrating technology may find it difficult to stay competitive.

2. The Growth of the Digital-First Buyer

Millennials and Gen Z are expected to make up a large portion of the housing market in 2025 and beyond. These generations are digital-first and expect a seamless online experience, from browsing listings to signing documents. A report by Zillow shows that 68% of younger buyers would consider buying a home entirely online. Realtors must invest in digital skills and partner with tech-forward companies to meet these expectations.

3. Increasing Competition from Real Estate Tech Platforms

New platforms like Zillow Offers, Opendoor, and Redfin are changing the landscape, offering buyers and sellers alternatives to the traditional agent experience. As these platforms become more robust, realtors will need to offer added value to justify their commissions.

4. The Rise of Remote Work and Shifting Buyer Priorities

As remote work continues to shape the housing market, buyers are now seeking properties outside major urban centers, opting for locations with more space and lower costs. This shift means realtors must adapt to working in a broader range of areas and catering to different types of housing needs, from city condos to suburban or even rural homes.

How Tech-ke Can Help Realtors Build Their Brand

In this rapidly evolving market, having a professional, tech-forward website is crucial for any realtor. Whether you’re new to real estate or have been in the industry for decades, Tech-ke can create a site that sets you apart. We specialize in designing visually stunning websites that incorporate high-quality videos, drone footage, and the latest technology to help you attract more clients.

Let’s build something great together. If you’re ready to grow your business, get in touch with us at Tech-ke today and learn how we can help you create a website that resonates with the buyers and sellers of 2025 and beyond.

4

12 Reasons You Must Educate Yourself About Drones (2021)

Drone Over Town
Drone Over Town

According to the Pew Research Center, “average citizens see a revolution coming in the workplace, and they are concerned. The average hourly cost of a manufacturing worker is $49 in Germany and $36 in the U.S. The hourly cost of a robot is $4.” Like robots, humans use drones to perform a different set of actions or tasks. The 12 reasons you must educate yourself about drones gives a wide range of examples.

1.  Amazon Patent (delivery)

Imagine seeing an Amazon or Walmart labeled drone flying through the air, just as often as you see Amazon, FedEx and UPS trucks on the road. We will. More importantly, it will be sooner than we think. “The PrimeAir program remains in development. The company has been filing applications for patents (since 2013) at what appears to be a faster rate than any other company working on drone technology today. “

2. Walmart Patent (delivery)

Walmart is not willing to let Amazon have all of the fun or get a head start this time. They are moving just as quickly, and just as seriously, as Amazon in this revolution.

“Groceries make up 56 percent of the company’s total revenue and Walmart may see drone technology as one way to get food from farms to store shelves faster and more cheaply to compete with Amazon.com Inc, following its purchase of Whole Foods Market. Walmart has applied for 46 patents for using drone technology, mostly to facilitate its delivery and logistics operations, or for use within warehouses to do things such as track inventory, according to data from CB Insights.”

3.  Weddings

The third topic on the list of “The 12 reasons you must educate yourself about drones” may hit close to home. Today’s bride and groom demand a show-stopping wedding. With the assistance of drone photography, we will.

According to experts, outdoor weddings are the best way to go; ” ‘400 feet, which is the maximum height [the law allows],’ says Markham of Celebrations Tampa Bay…’Drones work best at wedding venues with large outdoor areas to capture those grand, sweeping views.’ ”

4.  Military Use

We don’t think of our national security on a daily basis. When others threaten our country, it is nice to know that we are doing everything possible to ensure our own safety.

Importantly, drones are now a part of that effort. “The roadmap envisions a follow-on program calling for a reusable unmanned aircraft with Mach 6 speeds. At that speed, intelligence can be gathered or weapons delivered before enemy air defenses are even alerted.”

5. Agricultural Use

Several articles online are talking about farm to table. It’s a hot topic. The competition will become steeper to get fresher food on the table faster.

“They are playing an increasingly important role in precision farming, helping agriculture professionals lead the way with sustainable farming practices, while also protecting and increasing profitability.”

Agriculture
Aerial view of farming equipment being used

6.  Search and Rescue

They have equipped drones for sonar and lidar now for rescue missions. This technology is a much more efficient and safer practice to use. “We are focused on the first responder community – fire, police, and emergency management departments – and we are assessing small UAS. They are much cheaper than manned aircraft, [and are] an ideal tool for response agencies.” We are halfway through “The 12 reasons you must educate yourself about drones”. In the same vein, drones will help aid communities medical necessities.

7. Humanitarian Drones

I have found in my research that companies usually have a way of performing the tasks that I’ve been talking about, with pretty good efficiency. Drones only serve to make the process better, safer or faster. But not in this case. In Africa, remote and rural communities are going without. Drones are becoming the only way. “We have already used drones as part of our flood response and we can see the potential for further uses, such as transportation of medical supplies, which could transform lives in remote rural communities.”

8.  Journalistic Use

“CNN has received a first-of-its-kind Part 107 waiver from the Federal Aviation Administration (FAA) to fly a small unmanned aircraft system (UAS) over people.” CNN Air’s Snap drone fulfills the duty of covering natural disasters, war zones, etc. for reporting purposes. I agree that this is an important role. We would not be able to experience and empathize what is happening in our world without this tool.

9.  Real Estate

Drone photography in real estate may be on the greatest incline for the use of drones. People want to see all angles of their potential home because “according to MLS statistics, the properties photographed by drones sold 68% faster.” In addition to plush insides, buyers demand all views.

Real Estate
Aerial Photographic view of house for sale

10.  Film and Movie

Drones have mastered this arena for decades. According to experts, “the global cinematography drone market [will grow] from less than 100 million U.S. dollars in 2020 to over one billion U.S. dollars by 2030.”

I have noticed, and I am sure that you have as well, that movies images are only getting crisper, brighter more “larger than life” than they have been before. As the technology for drones gets better, so will our movie experience.

11.  Drone Taxis

We are almost to the end of our list. Meanwhile, can you see how quickly our airspace is filling? “The market for flying cars, now known as electric air taxis, should continue to mature during this decade, soaring to $1.5 trillion globally by 2040, according to a Morgan Stanley Research study.” Even if you are not the “flying taxi type”, we will all be glancing up to see them, right along with our groceries and personal product packages.

12.  Law Enforcement Use

Our law enforcement is not new to the adoption of drones. As a result, “currently, 347 law enforcement agencies in 43 U.S. states are using UAVs to assist officers in the field.

Conclusion

In conclusion, “the drone services market size is expected to grow to $63.6 billion by 2025, and Insider Intelligence predicts consumer drone shipments will hit 29 million by 2021. Sales of US consumer drones to dealers surpassed $1.25 billion in 2020, according to Statista. Goldman Sachs forecasts the total drone market size to be worth $100 billion—supported by this growing demand for drones from the commercial and government sectors.” This is why “The 12 reasons you must educate yourself about drones” is important. Therefore, general public must not be afraid of the changes that are coming.

In other words, there is no stopping the progress of this new and fast-growing technology. Not only are drones here to stay, they are growing by leaps and bounds.

Which area piques your interest most? Moreover, will you start researching it for yourself? Leave a comment below. I’d love to hear your thoughts!