Sales≠Profit, and you know it. Clickbaiting=manipulating. I'm disappointed because I have enjoyed your content up until this, and sad knowing that by unsubscribing I'll miss cool stuff you put out in the future 😮💨
At an avg of 3% commission on real estate; $2.5bn in sales equals $75m in commission..he has hundreds of agents more than likely.. just giving people perspective on how the pie is divided
For a brokerage and agent count of his size, his volume is not impressive. This guy is a joke in Manhattan. He's a TV star that thinks he's the shit but serious luxury agents get annoyed by him.
Definitely a multi-millionaire but a billionaire idk probably not. Have to respect a man who does what he's passionate about. He's good at what he does.
Probably his best bet for becoming a billionaire in the next 4-5 years would be starting an incubator of some sort and seeding some real estate / fin tech startups and then leveraging his massive brand name in real estate to give them traction and sales. I just don’t think the vehicle he’s currently in would be suitable to make him a billionaire on that time horizon. That’s unless his Sell like Serhant program is popping off or his production company is doing thousands of listings a week.
Why people mad at him and saying he’s not a billionaire. Even if he’s only profiting .03percent of the profits. He’s still making around 60million a year. Better then most… Good stuff bro, I’ll be there one day soon 😁
The clickbait has to end. He's not a billionaire. A billion in sales does not mean he took that home, especially when he has to pay his team and keep his business running. Good video but stop.
Everyone is saying he’s not a billionaire, but his company is profiting at least 50 million per year so it’s probably worth half a billion, and He probably has $100 million saved up, so he’s a lot closer than any of us to getting there
@@EugeneHaroldKrab so if a buy/sell side gets 2.5% of the final sale price and the broker gets 20% of that (not to mention serhants agents have a cap) how do you figure that his agents only get that 4-6% of the total sales volume
I dont understand all the hateful comments. Hes not saying hes a billionaire. Hes telling you what his company did in sales. Good for this dude. Hes killing it. Has 65 employees and selling billions in real estate. What have y'all done?
So, why did he go from saying "how much he made" to then saying "sales" that would lead me to believe he's talking about the value of the real estate he sold not how much money he made.
A lot of the comments in here don't pass the vibe check you can see a lot of envy in them yes he may not be a billionaire but his still made more in his life than those who are writing these envious comments ever will make be inspired by others doing well not intimidated 😂
Love the little clips as they are motivational BUT title is misleading - selling 2.5 plus billion dollars in real estate across a team of double digit agents in multiple locations does not mean that Ryan himself pockets that amount. He would get a percentage of that in commission. Am sure he is multi millionaire several times over but I’d be interested what the actual take home numbers are for him vs the total number of sales for the entire business
Just like a real estate agent to market selling a billion in real estate as being a billionaire. I know many agents who drive fancy cars and live in a crappy apartment with roommates lol
Sometimes the value isn’t always what his profits were but he was able to generate that amount of money through his company to his people that work with him so its not always about how much your putting in your pocket still impressive obviously lmao
Why is everyone saying "revenue not profit" as if it's a secret? He's not masquerading as a billionaire; give the guy some credit he's probably richer than all of us in the comments.
That's how much real estate he has sold. What he makes is a commission fee (which is around 3-6% ... please correct me if I'm wrong...) which gets split between him and his agents...
He's not a billionaire though, do the math on the commissions and then how much goes to the company, other agents, operations, taxes, expenses, etc, etc....
He listed a lot of expensive places to live. I never hear of a guy becoming a billionaire by finding motivated people in the middle of nowhere at eastern Oregon, Kansas MO, Louisiana. It is always the same few places. It is as if, people who are driven to make a lot of money, want to live where it is expensive.
What does he mean with 9k? Is that gross profit? Does he mean what he was left with? I mean, thats not a lot for a company, even if its your first year.
You all saying it’s not his money/ profit. True But what it does do is value his company at that amount and therefore in assets he is worth tht but not cash
Full interview where I ask luxury real estate agents how to make $1 million here: ruclips.net/video/B-cBSBTxOWY/видео.html 💸
REALLY SashaXXXX 👽😠 investigation
Sales≠Profit, and you know it.
Clickbaiting=manipulating.
I'm disappointed because I have enjoyed your content up until this, and sad knowing that by unsubscribing I'll miss cool stuff you put out in the future 😮💨
@@I_Am_The_Devils_Advocate🤣🤣🤣😎👍
Yet here i was believing you understood how money works
Yeah, right, that fraudster is a billionaire and somehow he chooses to sell us courses on RUclips?
America indeed is one dumb country
2.5 -2.7 billion is the volume of deals collectively. Not his income.
dumbest clip title ever.
Of which he only gets 3% so this is misleading
@@dealzman that’s 75million btw more than most people will ever make 😊
Still a great commission
@@noicecars3052 This is spread across his all employees, but he as a CEO will take the biggest margin which is still impressive imho
At an avg of 3% commission on real estate; $2.5bn in sales equals $75m in commission..he has hundreds of agents more than likely.. just giving people perspective on how the pie is divided
Yes that's right, likely half to agents. A quarter to expenses. It's still amazing to get about $18m
Often,
Commissions aren’t 3% on ultra-high priced properties.
For a brokerage and agent count of his size, his volume is not impressive. This guy is a joke in Manhattan. He's a TV star that thinks he's the shit but serious luxury agents get annoyed by him.
People are really gonna think he’s a billionaire watching this
Lol, yup
Definitely a multi-millionaire but a billionaire idk probably not. Have to respect a man who does what he's passionate about. He's good at what he does.
@@pushingpositivity518 Good at scamming people.
@@TCBabcock you think? I do not know him but why do you say that?
Probably his best bet for becoming a billionaire in the next 4-5 years would be starting an incubator of some sort and seeding some real estate / fin tech startups and then leveraging his massive brand name in real estate to give them traction and sales. I just don’t think the vehicle he’s currently in would be suitable to make him a billionaire on that time horizon.
That’s unless his Sell like Serhant program is popping off or his production company is doing thousands of listings a week.
When you think Sales = Profits 🤣
Exactly! I hate when they do that 🙄
@@Snowfox23 ? what did he do. if you listen he said “we’re” he never said, “I brought in”
“So what’s your profit margin?”
Shoulda been the next question
Hatin
All 60 people just pocket watchin
he lives in NYC, i would be shocked if he's not in the red after paying everyone that he has to pay and then paying NY taxes on top of all that.
Why people mad at him and saying he’s not a billionaire. Even if he’s only profiting .03percent of the profits. He’s still making around 60million a year. Better then most… Good stuff bro, I’ll be there one day soon 😁
Clickbait
They are annoyed at the content creator for lying. Not Ryan.
The clickbait has to end. He's not a billionaire. A billion in sales does not mean he took that home, especially when he has to pay his team and keep his business running. Good video but stop.
Thank you
A good video, but stop? You masochistic or something?
🤔🧐
I've all ways liked him. Just a good person with a good personality
Good for him man. Respects
Proud to say that for over 3 years now I've been following and learning from your videos. I've also gotten your book!!!
My favorite part of the video is the pound at the end 😂. Live, love, laugh, enjoy each day. ❤️
Great work 👏🏽!!! I love it when people are doing great and successful.
Everyone is saying he’s not a billionaire, but his company is profiting at least 50 million per year so it’s probably worth half a billion, and He probably has $100 million saved up, so he’s a lot closer than any of us to getting there
Sure but he’s still not a billionaire
but If he keeps this going, then he will be a billionaire in 20 years easily
Ryan doesn't have 100M saved up.....Oh God, not even close...
Fellas If you know anything, that means his team as a whole profited around 4-6% of that.
I don’t think you understand how commissions in real estate sales work..
@@walt3rwhit387 well that would be a shame considering I’m in real estate.
@@EugeneHaroldKrab so if a buy/sell side gets 2.5% of the final sale price and the broker gets 20% of that (not to mention serhants agents have a cap) how do you figure that his agents only get that 4-6% of the total sales volume
Thats over 30million dollars..
@@walt3rwhit387 loud and wrong
I love the “team” highlight. Man got here working hard with a strong family that all want the same reward.
Yeah he seems sly as fuck to me
The fist bump 😂
Dude i love your channel
I dont understand all the hateful comments. Hes not saying hes a billionaire. Hes telling you what his company did in sales. Good for this dude. Hes killing it. Has 65 employees and selling billions in real estate. What have y'all done?
So, why did he go from saying "how much he made" to then saying "sales" that would lead me to believe he's talking about the value of the real estate he sold not how much money he made.
What is it got to do with you
Because the question was how much does SERHANT sell per year, and at first it was just himself, then it was as a team (under SERHANT)
Super motivating!
And he still looks n feels like down to earth
Super successful, but down to earth he is not.
He has a big head and is repulsive
Serhant looks fine with a stash!
His hair is majestic
Transplant *
@@calebakinfolarin8941 transplant is still real hair. It’s his hair
@@calebakinfolarin8941 theyre talking about the colour
that doesnt make him a billionaire homie
We all know that homie. Nobody said he was one
@@baum7222 the caption did
A lot of the comments in here don't pass the vibe check you can see a lot of envy in them yes he may not be a billionaire but his still made more in his life than those who are writing these envious comments ever will make be inspired by others doing well not intimidated 😂
Revenue and profit and real income is different. 🤣🤣🤣🤣
Lol he’s not a billionaire. He has a billion dollar company. Big difference.
not even that, he did a billion dollars in *sales*, not revenue
He never claimed to be lmao
Love the little clips as they are motivational BUT title is misleading - selling 2.5 plus billion dollars in real estate across a team of double digit agents in multiple locations does not mean that Ryan himself pockets that amount. He would get a percentage of that in commission. Am sure he is multi millionaire several times over but I’d be interested what the actual take home numbers are for him vs the total number of sales for the entire business
Congrats 👏
Go get it man 🎉
Great for the industry
What calculator did you use to claim he's a billionaire. Please advise where to buy I need to send one to my loan officer before my next meeting.
handsome man with big money ❤
Reported for misleading title
Where did he work before starting his own company?
he only gets a percentage as commission, which is split among his agents
just because he sells a billion dollars worth of real estate doesn't mean he's a billionaire...this is click bait Noah...
Agreed, and I was starting to think Noah was not totally full of it
THIS is how you leverage reality tv to change your life for good…not drama.
Wow he's talented.
Great achievement . He MIGHT worth about 100 million $ based on those numbers. Ryan is not a billionaire
Got to keep in mind 1.4billion is probably a few houses for him lol he is one of my favorite people to watch do real estate
I think I love her...
This guy is awesome
The goat realtor
The fact that real estate agents are still a thing blow my mind.
This title isn't correct because sale isn't the same as your personal income
Killing it!
Just like a real estate agent to market selling a billion in real estate as being a billionaire. I know many agents who drive fancy cars and live in a crappy apartment with roommates lol
Those are top line (gross) revenue numbers. Very impressive. More impressive would be bottom line (profit) numbers.
Sometimes the value isn’t always what his profits were but he was able to generate that amount of money through his company to his people that work with him so its not always about how much your putting in your pocket still impressive obviously lmao
$1B revenue per year for an entire team (possibly before taxes) = billionaire individual? Something doesn't add up...
The maths doesnt math
I hate to say all the marketing is what contributes the the economic downturns
Ok. Millionaire, billionaire, who cares.
I just always loved his high octane energy, positivity and ambition.
Who cares about a little thing called “credibility” aye..
Why is everyone saying "revenue not profit" as if it's a secret? He's not masquerading as a billionaire; give the guy some credit he's probably richer than all of us in the comments.
That's how much real estate he has sold. What he makes is a commission fee (which is around 3-6% ... please correct me if I'm wrong...) which gets split between him and his agents...
Thank God Almighty only
He's not a billionaire though, do the math on the commissions and then how much goes to the company, other agents, operations, taxes, expenses, etc, etc....
Not even close. Few millions per year at best, not that it's bad. But nobody becomes ultra rich from servicing the rich.
Remember he made 9k his first year, it always starts small.
....adding to inflation like a champ with his fees....
His company if it were to sell would be well worth over 400 million.
It's difficult to set a value on his company, as he is attached to the brand of his company and may not have the same power if he leaves the company !
Love it
I remember when he first started
Love the interviewers reaction after that last statement 🤜🏽🤛🏽😆👏🏽
I would rather hear the commission generated than the value of the property sold….
HE is not a billionaire. His sales revenue tally that much.
Bro, Serhant would tell you to change the copy of this video. Billionaire 🤦♂️
Why would he change something that is generating a lot of views and huge engagement in the comments?
Dudes sniffing rock
I will work for this company
He must be rich as he bought a huge house in Brooklyn for $10+ million featured on the TV programme he 's on.
There’s a massive difference between having millions and being a billionaire.
Enes:"I sell $0 per year but still biggest RUclips realtor." 😅
Selling a billion dollars worth of real estate does NOT make you a billionaire!
clickbait title - he said he sells for a billion, he's not saying he's doing a billion in profit
Guys he is a billionaire his company worth is over a billion dollar
Why do they brag about the worth of the real estate. You don’t own it, it’s not your sale. The commission is the sale 😂
Congratulations 🏆
Damn would love to hear how he scales it that bog
Selling a properties for a billion dollar doesn't make him a billionaire. Clickbait title.
At the end of the day 20 million gci is crazy
Tech people hearing this: 2.5 billion in sales x 10x multiple = 25 billion dollar company 😮
definitely NOT A BILLIONAIRE soooooo lets be clear
Greedy gets U over the line everytime
I make 120k in nyc And i want to get a job where I make 250k. 120k is nothing in nyc. I need someone like this guy to hire me.
what job u do?
@@youngcash3564 I am a hotel manager in nyc.
Best reply haha 👊
Great income is different from lying about being a billionaire
So what is the second company he start? Is it a broker company and he selling the property without agents?
Inspiring.
Misleading click bait
Anyway you cut it he’s making millions of dollars 💵 doing something he loves ! That’s success
Nice Nike socks
He listed a lot of expensive places to live. I never hear of a guy becoming a billionaire by finding motivated people in the middle of nowhere at eastern Oregon, Kansas MO, Louisiana. It is always the same few places. It is as if, people who are driven to make a lot of money, want to live where it is expensive.
What does he mean with 9k? Is that gross profit? Does he mean what he was left with? I mean, thats not a lot for a company, even if its your first year.
How he’s going to make a billion one day in the future…
$2.7 billion sales = $54 million gross as an agent. Minus what his employees make an maybe a little extra for bonuses
not yet a billionaire. but impressive growth. he will get there nonetheless.
Because doing 2.5B is pure profit, only for Serhant ofcourse. Because economics
Wow over 70 million in commissions. Wonder how big the team is?
His wife is over this lifestyle
You all saying it’s not his money/ profit. True
But what it does do is value his company at that amount and therefore in assets he is worth tht but not cash
For those of you who dont know math,,,a billion is a thousand mil,,,
400th comment,,,