Episode 65: Mastering Market Dynamics, Transactional Volumes, and Building Networks in Real Estate

In this brand new episode of The Path to Wellth, I had the pleasure of interviewing Dan Lewkowicz, a seasoned real estate veteran and the esteemed Senior Director of Lewkowicz Group. Our discussion delves into the present real estate market landscape and effective strategies for navigating challenging times. Dan emphasizes the significance of concentrating on the fundamentals and taking charge of our actions, independent of external market influences. He openly imparts his personal strategies for success, emphasizing the crucial role of networking in achieving successful transactions, along with dedication, determination, and a proactive approach to making things happen, regardless of the prevailing circumstances.

Tune in for invaluable insights on excelling in the dynamic world of real estate.

Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
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Let’s Stay Connected

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Connect with Dan Lewkowicz

✅ LinkedIn → https://tinyurl.com/2h63jdh8
✅ Website → https://tinyurl.com/txwxekjx

Time Stamps

[00:01:33] Real estate market conditions
 [00:06:00] Role models and motivation
[00:09:23] Entrepreneurship and business
[00:10:51] Building assets for freedom
 [00:15:21] Realizing the need for change
[00:18:47] The fragility of deals.
[00:23:05] Vetting serious buyers
[00:24:27] Ethnic nuances in real estate
[00:28:09] Decrease in transactional volume
[00:32:45] Opportunity in vacant office buildings
[00:34:19] Commercial real estate opportunities
[00:38:41] Building relationships with clients
[00:40:34] Gender disparity in real estate
[00:45:26] Real estate knowledge sharing
[00:48:29] The power of sharing

Quotes

"It really doesn't matter because we can't control the market."

 "The more work we put in, the luckier we tend to get."

"Success is not a choice for me."

"So I feel like I'm trying to beat the system."

 "It's possible to build an empire."

 "There's a certain freedom that comes with the understanding that someone doesn't have to do it, even if they still want to."

"If I don't pick the right buyer, you know, this not only could the deal backfire, which could negatively affect my set, my client, the seller."

 "We're looking for people who are serious and are going to perform exactly like they say."

"Yeah, I mean, it sounds it sounds so generic, but it's at the end of the day, it's a relationship business."

"Stick to your fundamentals, work hard. You're going to see a lot of people fall out at this time and get out of the industry, whatever part of the industry that is.

 "You just have to have, you know, an open mind and the knowledge and the network to be able to figure out how to make it happen."

"I don't think it's a level playing field."

"I would be at such peace to know that everything was taken care of so that I can go out and do good things and help others."

"One of the biggest mistakes that you can make is to think that you have to go alone, go it alone and to think that that you have to figure out everything yourself."

 "I mean, there's so much that reward, that fulfillment. When you when you see somebody else succeed, whom you've helped, I mean, that's that just that feels so good."

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