Episode 84
Lessons from Wall Street to Real Estate with Ellen Silverman
Published on:
2nd April, 2025
On today’s Performance Mindset podcast, Amy sits down with Ellen Silverman, a New York City native who transitioned into real estate after a long career in banking and finance. After the 2008 banking crisis, Ellen’s work became more regulatory, and in 2016, she obtained her real estate license and transitioned into residential real estate. Ellen is a Compass agent, and since beginning her second career, she’s learned a lot of lessons surrounding mindset, entrepreneurship, and focus.
In this episode, you’ll hear:
- The New York City real estate market and why Ellen Silverman believes the transaction activity has increased.
- Ellen’s background as a fourth-generation New Yorker and the difference in lifestyle from other locations in the country.
- Her career background in banking and finance and why she pivoted to real estate in 2016.
- The benefits of entrepreneurship and the importance of setting boundaries with your time.
- Tuning out the news and political noise to stay focused.
- Where Ellen finds leads and the money that it costs to market and be in business.
- The difference between a coop and a condo and who they suit best.
- Rules coops can set that condos don’t have.
- One of the most surprising parts of transitioning from Wall Street to real estate.
- Ellen’s goals for 2025 and her advice for would-be entrepreneurs.
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