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 😮💨
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.
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
He said it's the volume in sales his group did. They take around a 5-7% cut on this (also depends if they have the full retribution or not). Idk how they divide it into the group, but he takes at least half of this because he's the boss. So take the amount they made in sale and make it times 2% (0.02) to 3% (0.03) just to have a conservative number, then you've got an idea of his salary. Edit: Oh and I didn't count his expenses yet. Nobody's saying he's a billionaire except people who don't get how real estate and comissions work. aka you
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.
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.
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 😁
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
You work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires. I pray that anyone who reads this will be successful in life
@@newmanthompson8052 The failure of silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at crossroads deciding if to liquidate my dipping 200k stock portfolio, what's the best way to take advantage of this bear market?
@@desmondtrevor118 The SVB situation is a reminder that fed hikes are having an effect, even if the economy has held up so far," it's precisely at times like these that investors need to be on guard against the next certainty. You don't have to act on every forecast, hence I will suggest you get yourself a financial-advisor.
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.
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
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
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?
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 😂
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....
Bottom line, he took a million dollar business and grew it to a billion dollar business is a great achievement. It's not like he woke up one day and this was all built... Haters gonna hate..
He's essentially the real estate version of iman gadzhi, all smoke and mirrors, nothing of substance. His entire empire is made from a flimsy deck of cards.
100+ agents, 2-3% of the sales is commission, so that makes you about $75 million, now deduct office space, expenses [phones, insurance, broker fees, lawsuits, legal], employer contributions, he'll take home $20 million a year if he was a business genius.
He's worth much more than 30 million. The valuation of SERHANT is most likely 20 billion given 10x revenue similar to other brokerages. Depending on his equity, his stake is probably in the 100s of millions
@@resa574 😂😂😂 considering they've only been around for 3-4 years I highly doubt that. In fact by Oct 2023 they had done $4 billion in sales total. So no they're not worth 20 billion or more and he's definitely not a billionaire. Research is the least used tool in society today.
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
2.5B but remember commission is 3% assuming you have the buyer and seller and he needs to pay his people. Of that 2.5B he is likely making around 10M a year from this is my best guess
Mad tho cause it’s not commission he’s talking about that’s what he’s sold which sounds extreme money but not when your listings are in ew York n some are like 30 mil n shit
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
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
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.
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
The number of millionaires calling themselves billionaires has exploded in the last ten years.
Serhant doesn't call himself a billionaire
He said it's the volume in sales his group did. They take around a 5-7% cut on this (also depends if they have the full retribution or not). Idk how they divide it into the group, but he takes at least half of this because he's the boss. So take the amount they made in sale and make it times 2% (0.02) to 3% (0.03) just to have a conservative number, then you've got an idea of his salary.
Edit: Oh and I didn't count his expenses yet.
Nobody's saying he's a billionaire except people who don't get how real estate and comissions work. aka you
Never once has he called himself a billionaire
@@baum7222caption
Hilarious 🎉,,,
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
My favorite part of the video is the pound at the end 😂. Live, love, laugh, enjoy each day. ❤️
I've all ways liked him. Just a good person with a good personality
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)
Proud to say that for over 3 years now I've been following and learning from your videos. I've also gotten your book!!!
The fist bump 😂
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?
🤔🧐
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
that doesnt make him a billionaire homie
We all know that homie. Nobody said he was one
@@baum7222 the caption did
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
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
Revenue and profit and real income is different. 🤣🤣🤣🤣
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
You work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires. I pray that anyone who reads this will be successful in life
I'm new to all this, feels overwhelming but I won't give up on learning this.
Elon Musk has finally come to our rescue, if really he can turn SVB to a digital currency bank with good security, its gonna help lives
@@newmanthompson8052 The failure of silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at crossroads deciding if to liquidate my dipping 200k stock portfolio, what's the best way to take advantage of this bear market?
@@desmondtrevor118 The SVB situation is a reminder that fed hikes are having an effect, even if the economy has held up so far," it's precisely at times like these that investors need to be on guard against the next certainty. You don't have to act on every forecast, hence I will suggest you get yourself a financial-advisor.
The present issues of bank collapsing is a very good time to get into good digital business, Elon Musk has decided to buy SVB.
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
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
he only gets a percentage as commission, which is split among his agents
definitely NOT A BILLIONAIRE soooooo lets be clear
Guys he is a billionaire his company worth is over a billion dollar
Great work 👏🏽!!! I love it when people are doing great and successful.
This title isn't correct because sale isn't the same as your personal income
Great achievement . He MIGHT worth about 100 million $ based on those numbers. Ryan is not a billionaire
HE is not a billionaire. His sales revenue tally that much.
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.
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
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
$1B revenue per year for an entire team (possibly before taxes) = billionaire individual? Something doesn't add up...
The maths doesnt math
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
Where did he work before starting his own company?
Good for him man. Respects
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 !
Enes:"I sell $0 per year but still biggest RUclips realtor." 😅
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
The fact that real estate agents are still a thing blow my mind.
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
handsome man with big money ❤
Dude i love your channel
Selling a properties for a billion dollar doesn't make him a billionaire. Clickbait title.
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..
Selling a billion dollars worth of real estate does NOT make you a billionaire!
Great for the industry
Remember he made 9k his first year, it always starts small.
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?
I remember when he first started
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 😂
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.
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.
Because doing 2.5B is pure profit, only for Serhant ofcourse. Because economics
....adding to inflation like a champ with his fees....
Killing it!
Bottom line, he took a million dollar business and grew it to a billion dollar business is a great achievement. It's not like he woke up one day and this was all built... Haters gonna hate..
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.
Go get it man 🎉
He's essentially the real estate version of iman gadzhi, all smoke and mirrors, nothing of substance. His entire empire is made from a flimsy deck of cards.
Best reply haha 👊
100+ agents, 2-3% of the sales is commission, so that makes you about $75 million, now deduct office space, expenses [phones, insurance, broker fees, lawsuits, legal], employer contributions, he'll take home $20 million a year if he was a business genius.
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 😂
This guys whole aura is one of a snake to me 🐍 -anyone with me?
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?
$2.7 billion sales = $54 million gross as an agent. Minus what his employees make an maybe a little extra for bonuses
Damn would love to hear how he scales it that bog
Hmmm he made about $50million last year.
This guy is awesome
I will work for this company
Dude is not a billionaire he's worth 30 million
Duh dude , sales commission payouts office rent etc etc. also google isn’t accurate. Stop pocket watching
@@jordylopez7699 tell your mom to get off my dick first
He's worth much more than 30 million. The valuation of SERHANT is most likely 20 billion given 10x revenue similar to other brokerages.
Depending on his equity, his stake is probably in the 100s of millions
@@resa574 😂😂😂 considering they've only been around for 3-4 years I highly doubt that. In fact by Oct 2023 they had done $4 billion in sales total. So no they're not worth 20 billion or more and he's definitely not a billionaire. Research is the least used tool in society today.
The goat realtor
AND none of those numbers give him a personal valuation let alone assets of $1B plus. Not a billionaire.
Misleading click bait
At the end of the day 20 million gci is crazy
Congratulations 🏆
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
clickbait title - he said he sells for a billion, he's not saying he's doing a billion in profit
He’s not a billionaire. Lies clickbait
I think I love her...
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.
Congrats 👏
Wow over 70 million in commissions. Wonder how big the team is?
How he’s going to make a billion one day in the future…
I don’t think he’s a billionaire..
Anyway you cut it he’s making millions of dollars 💵 doing something he loves ! That’s success
Bro is DEFINITELY not a billionaire
I’m kind of a billionaire myself.
He can only have 3 dollars in his name and by watching this you would think hes richer than the kardashians
Not even close to a billionaire. I did €1.65Bn in a single commercial transaction this year. This is clickbait
Exactly. If they did $1.4 billion in sales the entire company probably only made $50-$60 million.
2.5B but remember commission is 3% assuming you have the buyer and seller and he needs to pay his people. Of that 2.5B he is likely making around 10M a year from this is my best guess
3% of 2.5b is 75M But yeah expenses, doubt They have 65M expenses
@@Justforthelulz8 they ain’t getting 3% either. Rarely if ever do you bring buyer and seller.
I can’t believe so many of you still fall for clickbait in 2024…
Love the interviewers reaction after that last statement 🤜🏽🤛🏽😆👏🏽
But… that doesn’t make him a billionaire. Don’t get me wrong, I love Ryan but still.
Inspiring.
Seems like his fave color is blue.
Mad tho cause it’s not commission he’s talking about that’s what he’s sold which sounds extreme money but not when your listings are in ew York n some are like 30 mil n shit
1/4 of a % as a broker ain't too bad on 2.7 bil
His team does. We don't know what the commission split is between him and his Sales Agents who have joined his Agency.