Since entering the real estate industry and becoming a reality star, Serhant has shared several pieces of wisdom, including his approach to being an agent, why owning real estate is a path toward generational wealth and more. On real estate and generational wealth"Owning real estate is a great path toward generational wealth in the United States. "That said, owning real estate is also one of the easiest ways to lose wealth. "Real estate is an amazing investment for the long term, but you can never bet on the short term," he says. "If you've never bought real estate before, work with someone who has, talk to someone who has, and use a real estate broker," he says.

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Persons: Ryan Serhant, Serhant, Realtor.com, Joe De Sena's, you've, De Sena Organizations: Netflix, New, CNBC Locations: Manhattan, New York, United States