Episode 280: Why Real Estate Agents Fail & Some Advice for Realtors in 2021

Episode Timeline

In the 280th episode of the Mail-Right Show, John and Robert featured Ricky Carruth, a successful real estate agent. He dropped out of college to sell houses, and before turning 23, he already had a million dollars in his bank account. But the market crashed, and he had to work other jobs to make ends meet. He eventually came back to the real estate industry in 2008, with a new outlook: Relationships over Transactions. By 2017, he was already selling over 100 properties per year, making him the number one REMAX agent in Alabama. Now, he has the fastest-growing realtor coaching company called Zero to Diamond. His company’s mission is to help agents from failing in the industry. As an entrepreneur, Ricky has multiple million-dollar businesses with a massive team of successful real estate agents all over the entire world. 

The Market in 2021

When Robert asked Ricky about the market’s current state, Ricky quickly answered that as of now, every single one of the buyers competes with eight other buyers. The competition is fierce, and on top of this, most owners prefer to keep their properties off the market because even though they could sell it for a hefty price tag, there would still be nothing that could replace what they already have. They might also be scared to sell their properties because there is a possibility for them to leave m