November 2025 — Rob Lyszczarz, president of RE/MAX Select Group, sat down with Invest: to discuss the company’s recent expansion, how interest rates have been impacting the market, shifts in buyer behavior, and why people should consider adding real estate to their portfolios. “Real estate has always been a vehicle for shelter, but it is also a vehicle for wealth,” Lyszczarz said.
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Reflecting on the last year, what changes or milestones have most impacted RE/MAX Select Group and in what ways?
We have taken the slowdown in the market as an opportunity to focus on growth and growing our footprint. We now have over 40 offices with more than 900 associates, which were huge milestones for our company.
How have ongoing changes in the market impacted your business?
The interest rates have impacted the business most significantly. It has tied up inventory that we typically trade. It has been challenging to get people to move out of their homes with rates in the twos to fours.
What strategies is RE/Max Select Group implementing to help agents adapt in a more complex and challenging market?
We have a tremendous focus on getting new people into the entry point of homeownership, whether that is getting people into starter homes or transitioning others into downsizers.
What is RE/MAX Select Group doing to help first-time homebuyers, given the affordability challenges?
We have formed partnerships that have access to both discounted interest rates and downpayment assistance programs to help those first-time buyers more easily enter the market. Utilizing financing alternatives for self-employed individuals, who are often cut out of the traditional financing marketplace, has also been helpful.
When the market was abundant and everybody was buying, I believe the industry became a little bit complacent, and many REALTORS were able to succeed with bad habits. Now we are going back to the fundamentals. One of the cornerstones of our business is educating people on the merits of homeownership. One thing that most people don’t know is that in the United States, the average homeowner is nearly 40 times wealthier than their counterparts who rent. Many statistics will show that most retirees have more equity in their home’s value than they have in their retirement accounts.
Those are some of the important things we want to make sure that we discuss with our clients so they can make better decisions and avoid entering a market that might be challenging.
How does your business differentiate itself in this competitive real estate market, and how are you maintaining growth?
I like to tell our agents that we don’t just sell homes. We have a moral obligation to be the real estate resource to the people who entrust us to serve them. We take care of the customer with integrity. I believe when you do that, the business becomes more abundant. Doing business solely on a transactional level is challenging. It is important to build a business on a solid foundation with a relationship that is built on trust.
Which markets or regions in New Jersey are most attractive or experiencing the most growth?
Neighborhoods closer to the city tend to be more robust. The Jersey Shore area, from Monmouth County to Cape May, is desirable, and it seems as though there is never enough inventory to satisfy the demand.
What other trends in residential real estate have you noticed?
I anticipate the addition of Netflix in Monmouth and Ocean counties having a huge positive financial impact in the Monmouth and Ocean County markets. This will further fuel growth there and is an excellent addition for New Jersey.
Have you noticed any shifts in buyer behavior evolving over the past year, especially when it comes to remote work and lifestyle preferences changing?
We do business in six states: Arizona, Florida, Virginia, New Jersey, Pennsylvania, and New York. We are seeing some people in the Sun Belt states move back up to New Jersey because many workers are required to go back to work in person. I also think people have missed the proximity to friends and family, which has caused them to come back to New Jersey, further fueling the robust real estate market here. Having the clients’ best interests at heart and helping them make the best choice is imperative to long-term sustainability and growth.
What makes New Jersey attractive for real estate investors?
A lot of investors do best if they invest in real estate within 25 miles of their home. This allows them better control over the properties. Many people prefer to do that as opposed to going out of state. There are limited new construction homes in New Jersey, especially when compared to South Carolina, Florida, or Arizona. New construction pulls demand away from sellers of existing homes, making the investment a little less resilient and the returns a bit more volatile. New Jersey doesn’t have much land to develop, and it is often difficult to develop due to rules and regulations. This protects the value of the existing real estate.
What criteria do you follow or prioritize when selecting the markets or properties to add to your portfolio?
We invest locally and buy properties that we use or are strictly residential, which have strong demand for occupancy. One of the things that we are trying to do is promote real estate as an investment class. Many of our clients that we sell to have not considered real estate as an asset class. I tell our teams that it is important to educate homeowners that real estate can be part of their financial portfolio. Most people do not have a broker or qualified financial expert on real estate, so that asset class is often overlooked. We are on a mission to educate our clients because there are a lot of excellent financial options out there.
Looking forward, what are RE/MAX Select’s top priorities for the next three to five years?
The top priority is educating clients on the opportunities that exist in taking their real estate success outside of their homes, if that suits them. It is a real passion of mine to educate our sales team and get them to talk to their clients about real estate. Real estate has always been a vehicle for shelter, but it is also a vehicle for wealth.
There is a tremendous opportunity for people to build value in real estate where they conduct their business. New Jersey can be a tough place to do business because of all the rules and regulations, but I aim to encourage these business owners to explore building their wealth through real estate.
Want more? Read the Invest: New Jersey report.
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