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How Did Ryan Serhant Turn YouTube Tours Into Building Deals?

Ryan Serhant says the most valuable asset in any business is distribution. You can have the greatest product of all time, and if no one knows about it and no one buys it, you have an unknown product that does not sell, and that is a bankrupt business. He says he got super lucky on the back of early Instagram and early YouTube, building a real estate brand on personality that ran from content to community to commerce.

He doubled down on YouTube to be first to market, capture consumer mindshare, and turn the brand into a business. By 2015, 16, and 17, every seller and every developer he worked with was writing addendums into standard old school exclusive listing agreements. The clients included billionaires and some of the biggest developers in New York and other markets. The addendum said Ryan will post property tours of the building on his personal YouTube, and they will give the building deal.

Buying advertising pushes a message onto people, and you have to repeat it over and over before they pay attention. Social and the power of PR is pull. Serhant pulled people into the stories day in and day out. The same real estate distribution funnel still runs, now at a much more massive scale, and you could not buy it because it is a concentrated audience.

Grokipedia·Ryan Serhant·YouTube

Transcript

How to Get People to Say Yes | Ryan Serhant ·

The Knowledge Project with Shane Parrish

More from this episode

  1. Why Does Ryan Serhant Act Like His Future Self?On the show, fake it till you make it implies lying, and lying is the worst thing for an independent contractor, an entrepreneur, or anyone who has had to sell.
  2. Why Did Ryan Serhant Leave His Own Showing?Ryan Serhant left the people booked for his next showing in the apartment because people want what they cannot have.
  3. Should I Act Like My Future Self?"Don't act like the person you used to be. Act like the person you're going to become."
  4. How Did Ryan Serhant Shrink His Meetings?Ryan Serhant wakes up and writes that he is the CEO of his own bank of time. He has a thousand fresh dollars and has to use them wisely.
  5. How Does Ryan Serhant Sell the Dream First?On the show, the first move is the two Cs: find something in common and give a compliment. The goal is to disarm the other person.
  6. Why Does Ryan Serhant Let the Other Side Win?On the show, ego kills more deals than anything. It kills more careers and more relationships too.
  7. Why Did Ryan Serhant Split His Day in 2013?Ryan Serhant split the workday in 2013 into building the brand, expanding the business, sales, and doing the work.
  8. Why Does Ryan Serhant Treat Winning as Responsibility?On The Knowledge Project, Ryan Serhant divides success into micro success and macro success. He counts the conversation itself as a success.

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