What It's Like To Be LA's Top Real Estate Agent
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- Опубликовано: 14 янв 2020
- Aaron Kirman knows how to close a deal: He’s sold about $6 billion worth of real estate over his 25-year career, making him the No. 1 agent in Los Angeles and among the top in the country.
As a top realtor, Kirman makes seven figures, but not all real estate agents earn a ton of money - and that's one of the biggest misconceptions of the job. Most bring home less than $50,000 a year, he estimates, while a top producer will make between $200,000 and $500,000. "Then you have the very, very, very top - a select few who make more than a million," he says, adding: "And then there's one level up, which is big, mega brokers. I'm pretty lucky to consider myself one of those."
To experience a sliver of what it's like to be the top realtor in the City of Angels, I spent a day with Aaron, meeting clients and looking at listings in some of the wealthiest neighborhoods in LA.
He routinely sells multi-million dollar properties, including one estate for a whopping $65 million, and on his new CNBC show, “Listing Impossible,” he helps stubborn homeowners sell their luxury real estate.
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What It's Like To Be LA's Top Real Estate Agent
![PADDINGTON IN PERU - Official Trailer [4K] - Paddington Bear is back!](http://i.ytimg.com/vi/lKgitu25ZAg/mqdefault.jpg)
I gotta say...Aaron Kirman is a force to be reckoned with in real estate. We’ve crossed paths many times since 2008, and he’s absolutely incredible at what he does!
Graham Stephan more brother
Was literally just about to ask when The Graham Stephan Show review of this episode was going to take place.
Seeing everyone drop Graham references in the comments is hilarious. I love it!
You should make an episode with Aaron Kidman on the show
And that justifies his daily Starbucks spending.
That coffee is a bit over $0.20
Tristan Kelley his income is over 2 million a year
nitish kannan Graham Stephan joke dude
700th like!
and his income is a bit over 20 million
@@nitishkannan2919 doesn’t mean he’s not getting hosed on it
This guy: *needs Starbucks to start his day
Graham Stephan: Hold my 20 cent iced coffee
hahaha :D A lot of Stephanites in the comments
Hes mr berns from the simpsons
But really, for how successful as this guy is, he just wants a Starbucks. That sounds reasonable.
Coffee makes a world of difference with attention and awareness, although the withdraw is like having a mid life crisis.
Ver Starr - The Commuter Experience it’s a write off and he is worth like 30-40 million dollars
Once he talked I was like wtf lmao I wasn’t expecting that voice
So he’s health conscious.
@@GracieTurts and low in testosterone levels
@@ashleyjanit5052 I'm going to leave that for who they were intended for, baby calfs
@@ashleyjanit5052don't like antibiotics and hormones on my milk
@@ashleyjanit5052 lmfao you really think cow's milk which is full of chemicals and preservatives is a healthier option than soy milk?
The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.
I have been making a lot profit through real estate which has been the main source of my income.
I’m interested I want to move to real estate investment can you help me ?.
Please i need help, i have $1k saved in my account and i really wish to use it to invest on real estate but i don't know what to do....please i need assistant
STEPHINE KOPP MEEKS is who i work with look her
Thanks for recommending i find her and left her message online
Definition of a guy who loves his job and puts the work in. I see nothing shady here, just a hard-working guy with good ethics. And he's keeping it real and enjoying the fruits of his labor.
I was with you until you mentioned good ethics.. like you get this much out of this short video? Don't underestimate people
@@hypernewlapse so was bill Cosby what’s your point
@@damienturner6368 yea lol it’s real estate industry
P
@@damienturner6368 I want to thank Mrs Grace Benton being my real estate manager. If you need help, you should contact her.
“Billionaires watch every dime “ That’s why they’re billionaires!
Exactly! You don't get to that level by accident.
Or inheritance
Julien Dark very small percent
Watching a penny when you earn two pennies isn’t going to make you a billionaire.
Danny but watching 5000 when you earn 10000 will
*I'm comfortable with 19.995*
In countries that aren’t America, they use periods instead of commas when representing numbers in the thousands
Just like a real estate dollar store
Nothing lost in translation. It’s 19.995 million soo 19,995,000 dollars!
Instead of saying 19,995,000 he just said 19.995 (as in million)
leakedyoyovids yes, but this is not that case. In ultra real estate jargon or whenever big money is getting tossed around the point (.) is used to simply state how many b/millions and relevant X amount of grands instead of saying 19 million 9 hundred and 95 thousand verbally you just say 19.995 the same way people say things like “one (point) four million bucks”
That's the ultimate flex. Not having to dress up to work because you're so well trusted that a shiny formal image isn't necessary...even in a high-end market
That's the tip I'm starting this year is to watch every penny, the smart ones watch what they spend the non-smart ones complain about how other people have more money then them and never watch a dime.
wanderlustandsparkle Graham stephan
The smart people know where to spend their money. If you hard money too much, you don't risk it in business to let it grow. It's OK to spend 10,000 on an investment that you believe in, but NOT OK to buy a starbucks because that will just be wasted money.
Sri Lanka (Ceylon )Ginigathena 4 acre land
1-perches 35000 SLR (150$)
+94712645485
Wealthy people do watch every dollar, I am a personal banker and they will make a huge deal over ever fee even small ones like out of network atm fees ($2.50) 🙄
Maybe theyll use multiple trips to atms on a daily basis . Small things starts to stacks up.
I help real estate agents get more monthly appointments. Let me know if anyone wants to scale their business.
ANDREW Garcia against their 800k trust account that gets 60k of monthly cash flow in 🤣
Depends on whether it’s worth wasting your time over or not
Alex Jones the drive to the bank alone is probably worth $2.50 🤣
"Are you stressed?" Him: No - and he's barely breathin or blinking in matter of fact, this is ridiculous. I love commited people, but this is something else...
COCAINE
Soy!
Even if he only made 1% on each deal, he's pushing 60M minus his expenses.
Its about 60 K a month....
And he's definitely making more than 1%
He's worth 90 million
@@samueldiaz5964 he is a part of compass he probably takes a 5-6% commission on his sales and 1-2% cut of his agents.
The average commission is 2.5% is US so if u take 2.5% of 6 BILLION it’s 150 M
The real estate industry crackdown clipped Evergrande's wings, stopped it taking on more debt and had the flow-on effect of forcing it to sell apartments at a discount so cash would continue rolling in.
Evergrande is worried it won't be able to sell apartments quickly enough to meet its debt repayments.
What is really happening to the world Economy? Economy crisis everywhere🤦♂️.
@@billcharleston3692 Real estate makes up a substantial share - more than a quarter - of China's economy, which is the second largest in the world.
Australian iron ore is exported to China to make steel, much of which is used for for construction, so a crash in property sales and apartment developments could hit our exports. The world needs to know this.
For context, the Department of Foreign Affairs and Trade says Australia exported almost $85 billion worth of iron ore and concentrates to China in 2019-20.
I'm a real estate agent from Singapore and Aaron is 1 of my favorite brokers. Love the way he manages his clients & runs his day to day work. A real inspiration for me to improve my business!
Do you know top Real Estate?
ruclips.net/video/o6FStwFgpxI/видео.html
It said he sold $6 billion in real estate and us realtors get paid about 3% so hes made about 200m in his career...
There is usually another broker he has to split the fee with and then he has all the expenses of his office, staff, and advertising. So yeah, he’s doing extremely well, but probably nowhere near $200m even in gross revenue, let alone pre-tax personal net income.
Depends on where you live, in the south east the average is 6%
North American RUclipsr
Probably very wrong. Most millionaires don’t have one source of income....
It’s 1.5% typically
Maths like that is why you are forever broke
Guy wants to pay 20 million for a house
Agent: tell him were on a tight schedule, just have him bring the 20 mill in a mcdonalds bag
The best thing about him is that he’s kind and down to earth
2:51 He's nervous, but on the surface he looks calm and ready!!!!
2:53 He opens his mouth, but the words won't come out
tidak masalah jika kamu tinggal di desa baik-baik saja jadi mengapa kamu ingin menyakitiku
A CNBC video about an LA real estate agent and it’s NOT Graham Stephan? 😱
Ross Campoli - Leadership & Business Videos Graham doesn’t really focus a lot on being an agent nowadays. It’s about the RUclips life
@David Stunning the only thing that's fake is you my guy
@Steven Lang hes no where near top, but most people do relate the graham stephan show with cnbc considering that they have collaborated before.
They definitely did this because they knew Graham Stephan would see it lol
Hi
Graham is going to buy that Bentayga in 10 years when it's on the market for $50k.
Aaron is the man, we bought a house in LA in 2011 and still love this home
This is so inspiring. I’m committed to watching or listening to something that inspires me daily, when I can.
Current agents should take a page out of his book. Refuse properties you don’t wan to be associated with. Be selective about your properties that you take on to sell. Do what you do best and leave the rest for your team to handle.
My cousin is an agent and this is the number 1 thing he always preaches. You have to be able to walk away from listings. If the seller or the buyer has unrealistic expectations you can't waste your time and resources on them.
I'm taking my real estate courses and they tell you to do this, why waste time especially as an agent since time literally is money.
I’m an agent and if a client wanted to list with me I would do it even if they are asking too much. Just add into the contract if it hasn’t gotten any attention in 3 months that you will reduce the price. Why would you ever walk away from a potential sale you never know what might happen even if it’s over priced someone might want to put in an offer and ask less. Never just walk away give it a try earn yourself place. New agents should take any and all experience they can get. just imagine walking away from a sale and then they list with someone else for a reasonable price.
he has a simple approach, present it well sell it a market price watched him on CNBC efficient and no BS
Wow! Inspiring! Crushing it! My favorite video on this channel yet!
Great video CNBC! I have heard about Aaron, but wasn't aware of his story like you shared in this video! 🔥😅👍
Rule 1: he's always gotta wear too-tight T-Shirts
End of the day it's just a sales job with a low barrier to entry. In the UK their income has been slashed as people sell themselves online.
There is a huge difference between a good and bad agent. A bad one will just attend open homes and just say here's the home and wait for a buyer. A good agent will actually promote the home and SELL it.
Not exactly.. a typical sales job can usually be done from the actual job location and not have to leave the premises to do the job.
A real estate broker is more of a business that has many moving parts and as you can see that dude has to run all over town from meetings with staff, contractors , developers and clients etc..
@Rgmm agreed the top 0.1% of homes do need one, but for the average home they often know nothing and all they do is open the doors
That's actually true. But if you look online (atleast in the UK), you will find a disproportionate amount of houses for sale than there are buyers. There are homes that I've seen listed for 5+ years and the seller refuses to budge on the price.
All jobs have pretty high barrier to entry when you get high enough. Burger flippers at MacDonald are different from a Wagyu burger flipper.
Arron is the MAN! Some of the coolest listings in LA!
It's amazing what can happen when you treat people with the respect and attention they deserve.
Success at a high level is simple: Just move the decimal point from how you treat the big money, when dealing with those who have a modest budget.
The house in construction at 3:08 must be a 100+ million dollar home, that view is incredible!
Its 87.777.77 dollars, the house is located at 777 sarbonne road
Wow this awesome! This is super inspiring as a fellow realtor who is on RUclips.
“Are you stressed?”
“No”
*starts to stress*
His new reality series starts tonight! Will be fun to watch on CNBC (Listing Impossible).
Su Pete what’s it’s name
@@phoenix-king779 Are you having a laugh?
I will need to check it out.
The amount of money people have in LA have and how many mega-mansions there are in LA just blows my mind every time
One day I will own a house like those show here 🙏
You should contact my realtor he has good offer on affordable homes and apartment
@@chrissain347 weeewwowowoowowowoowweeeeeee
Can someone pls introduce him to the 20-cent iced coffee!!
Wth iz that
@@wanefelicia8779 graham stephan's coffe
Well he is a very nice & humble guy....great
Really humble guy, I respect that
I would LOVE an interview with Kirman on how he hires his staff.
Forging a multi-person brain trust to help co-run a multi-million dollar empire must be an exacting process.
@@thoyo Do you know top Real Estate?
ruclips.net/video/o6FStwFgpxI/видео.html
You have got to love what you do in order to work around the clock - future Real Estate Agent
And he's only wearing a tshirt 😳
Before this video I love the fact Aaron meditates ❤️
watching this from my studio apartment
Love this channel
Aaron’s outfit is great for LA laidback atmosphere. Ryan is all suit up for New York more serious atmosphere.
My morning routine is also Starbucks first thing in the am. Looks like I’m heading in the right steps 😂😂😂
should he get a driver?
Maybe he likes driving????
Wish it had shown more of what he did on top of the narration.. what makes him so good?
One day soon *I WILL* own a home like the one shown in this vid.
There is a sincere vibe about him...
Hi Kathleen!!!
I LOVE HOW HUMBLE HE BEHAVES. So rare.
Do you know top Real Estate?
ruclips.net/video/o6FStwFgpxI/видео.html
Awesome video!
There are about a half a dozen agents online claiming to be LAs number one agent, lol
Great video. 💪💪
it's not "like my addiction", it IS your addiction.
Love it may God keep blessing him 👍🏿
I’d rather god blesses me a bit in stead. Thanks.
A big part about being a great broker is you need years of real estate experience to master your craft. That's why it's always recommenced to get in at 18, 19, 20, etc so you can put in 3 or 4 years to learn the market. A lot of the reason this guy gets hired is because he has a history of being able to sell houses and make his clients back money. A lot of these people probably just call him for expertise in pricing the property.
Do you know top Real Estate?
ruclips.net/video/o6FStwFgpxI/видео.html
Inspiration!
Amazing video.
Aaron needs a Driver, just like Serhant! Love it!
LOL 3:53, that's actually just Norwegian tap water.
Alex Norway but Voss do taste quite good
...which is a luxury to have in places like LA
Ashley Janit idk maybe but their sparkling water taste better than Perrier and spellegrino imo
looks like he works pretty hard still, cool to see
Very entertaining video! You can tell this guy loves his caffeine!
thank you for the video. im outside usa but would like to invest in usa rental property. are you aware of any good agency that takes care of finding a property, finishing the deal and managing the property afterwards, basically an end to end service
Watch me be out there in the next 10 years!!!!!!!!!!!!!!!
I don't like it when he said he's "lucky". He worked hard for it. Give yourself some appreciation sir! You worked hard for it!
Much respect he earned this
Nice video!
I think 3:18 is where the video to 'I'm the one' by Bieber, Khaled etc. was filmed.
Wouldn’t be surprised at all if the billionaire he met with was Jeff Bezos.
lol why?
He’s living my dream
He’ll be my broker one day.
AMAZING
Can you post a video of the top real estate agent in Palo Alto, Atherton, Hillsborough, Los Altos Hills, Woodside, Burlingame, Belvedere, and Ross? Other than Bezos and Gates, the richest people in world are in Silicon Valley.
Love it.
Wow. Top Real Estate Agent in L.A.
So in LA , do Realtors take flat fee or percentage (when selling a muti milli dollar home) ?
ACT1O1 I believe it’s 3% of the sale price
@@kevinleon9460 are you a realtor in the LA area?
@@kevinleon9460 usually 2.5%, but it's always negotiable. Per state law. Often times high-end sellers will try and reduce the % for big ticket homes.
So he said he's a "big mega broker" so how much does he make??
Bentley is a business write off
Manuel Seda
Smart people don’t finance a vehicle like this. They lease it. It’s not even important to mention these things.
Lenni Leem
People that do that tend to be car enthusiasts. I live in LA. We have antique car shows and other car shows, the whole bit. Most wealthy folks or maybe I should say business folks. Business folks is more appropriate. Business folks lease vehicles. The would prefer to keep their cash to leverage their cash for an investment that offers a better ROI instead of dumping it in a depreciating asset. People who buy the cars you’re talking about are car enthusiast and collectors which may be business or wealthy people but, that’s a minority of them.
@@ManPursueExcellence
Nah there are some dudes that has tons of hyoer cars but dont know even half of the car industry they onky know the multi million hypercars
Im pretty sure most dudes who owns hypercars aren't car people at all
They just used cars to money laundry
Almost all cars above 1M will cost 3M a year later some 3m cars even worth 10m now
They will sell the cars of they know when will the market will fall
My dad is like a real estate broker but with isntead of property and house he works with billionaires and help them make strategic strategies......
One of his client even sold cars worth over 45M in January becuz my dad knew that the market will go down becuz of the pandemic if he still has those cars he wouldn't not make any money from it becuz those cars depreciate to the level of their original sticker price
Car is still a business..... In fact it is easier to make money in cars rather than running a whole business u just need to park ur car in a garage and it will make money for u
it's his marketing budget. It's his personal branding when he's dealing with HNW individuals.
@@ManPursueExcellence depends how long he wants to keep it... im assuming someone as rich as him buys lots of cars so yeah its smarted to lease it, but if you want a car that you can stick with for 10-20 years leasing would be the dumbest thing you can do
He works for compass, my brother used to also in NYC chill place 🤘🏼
saratheamazing99 does compass work for him or he works for compass
E M lol he was a senior product designer in their NY office that made tools for the real estate agents to better help his job
3:19 house... Who has seen it on Producer Michael's channel?
0:32 "I'm at Aaron's beautiful home. I don't event know where I am somewhere in LA"
0:37 Beverley Hills LA
The billionaire is “Nile Niami.”
You’re welcome!
Welcome for what?
So... Not a billionaire?
very nice
the video is about this busy dude's luxury lifestyle and million dollar deals. it has nothing about why this is guy is good at what he does
Where do I start
Impressive
I was excited about my first home purchase 2 BR/3 BA until I saw these houses ...
AWESOME
maybe a stupid question but how does a realtor secure the ability to show an expensive home? i know you have to be good to get the sale..but isnt it basically like whoever is able to get that opportunity to show the house, they are then highly likely to get the commission...so how does one get the chance to show multi-millionaire dollar homes in the first place? seems like if you can be 'lucky' enough to get those opportunities, then ur set as a realtor..thats waht i dont get.
Hard work
“It’s a real knife fight here in Malibu” -Tim Dillon
I’d love to meet him one day.
did anybody realised the energy coming out of his face he was as if glowing
So cool.
Awesome V-contn=ent!