Adapting to Change: Why Real Estate Professionals Must Embrace Volatility with Morgan Housel

Aug 1, 2025

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Morgan Housel, partner at Collaborative Fund and best-selling author of The Psychology of Money, shares valuable insights on navigating volatility, building lasting wealth, and staying grounded in unpredictable times. He and Nick McLean discuss the real estate market's shifting landscape, with a focus on the importance of adaptability and mindset. Morgan talks about the emotional and financial resilience needed in business, offering expert advice on how to recognize and respond to market changes. Whether you're a real estate team leader, broker, or agent, this episode will help you rethink how you approach the fluctuating world of real estate and business.

Chapters:

00:00:00 - Kicking Off with the Power of Financial Volatility
00:00:33 - Welcome to the Reside Platform Podcast!
00:00:37 - Introducing Morgan Housel: Author, Investor, and Money Expert
00:01:17 - Dive Deep: Wealth Strategies and Real Estate Insights
00:05:15 - The Realities of Navigating Volatility in Business
00:07:32 - A Look Back: How Interest Rates Have Shaped the Market
00:11:56 - Why Margin of Safety is Your Secret Weapon for Success
00:18:34 - Thriving Amid Change: How to Adapt in Today’s Industry
00:26:58 - The Fresh Advantage: Why Newcomers are Revolutionizing Financial Advisory
00:27:39 - How Deregulation is Shaping the Future of Financial Advisors
00:29:19 - The Future of Real Estate: What’s Next for the Industry?
00:30:43 - Deregulation Lessons from the Airline Industry: Key Takeaways
00:35:46 - Baby Boomers’ Impact on Real Estate Market Shifts
00:37:42 - Financial Advisors’ Evolving View on Real Estate Investments
00:40:11 - How Convenience is Changing the Game in Real Estate Services
00:47:02 - The Power of Writing: How It Drives Business and Marketing Success
00:52:06 - Wrapping Up with Powerful Insights and Final Thoughts

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