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You can go a full year without closing a deal.
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Full Episode - https://youtu.be/Ceq8Jv1sZEQ
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Transcript
Auto-generated transcript. Not time-synced to the video.
Understand as a broker, you have
different risks than the market in
general. So, we're not really affected
by the market going up or down. It
doesn't really affect our day-to-day
business. Yes, we have clients who are
losing buildings and losing properties
because they have to give it back to the
bank again, [music] that story that we
talked about earlier. And losing equity,
but our business model doesn't really
change. We just need movement. You just
need to make deals.
>> transactions.
>> Transactions.
>> So, yes, does [music] my transaction
size go down now because the value is
less? Of course. Same property used to
be [music] worth $30 million and I'm
trading it out for 10. The size of the
deal is is smaller, but the volume is
there. And that's all I really need. As
the broker, you just need the trades and
put yourself in the intersection of
where the trades are. That's the answer.
That's the answer. Uh-huh.
That's the answer. That's the answer.
Uh-huh.