Will These Celebrity Mansions Turn a Profit? 'Million Dollar Listing' Star Ryan Serhant Weighs In (EXCLUSIVE GUEST BLOG)

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In today's struggling real estate market, even celebrities are having to bend over backwards to pin that "Sold" sign onto their front lawn.

Still, that hasn't stopped some of the top A-listers in the business from trying to turn a profit, with asking prices in the $18.9 million range. (Hello, Brian Grazer!)

Will they actually make money back on their investments? And were their purchases a good idea to begin with?

To answer these questions,  Celebuzz has enlisted the help of Million Dollar Listing: New York star Ryan Serhant, who gives his expert opinion on all-things real estate in the gallery, above.

Click through now to see what he has to say about listings by Grazer, Russell Simmons and Joe and Tina Simpson, as well as a recent $18.5 million purchase by Kevin James.

Ryan Serhant is one of New York’s most successful real estate brokers and the star of the Bravo reality series Million Dollar Listing New York. He is also the real estate expert for The Insider, and appears regularly on the Today show’s Guys Tell All segment.

For all real estate-related questions, feel free to tweet Serhart @ryanserhant. He will answer one reader question per-blog.

 

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