Resilience in Real Estate: A Journey of Triumph with Ricky Carruth | Prereal Podcast #165

EPISODE SUMMARY:

Are you ready to learn the keys to thriving in the fluctuating real estate market from an expert? Hold onto your earbuds because our guest this week, Ricky Carruth, is a successful real estate investor, coach, and agent, who is about to spill the beans on how understanding market cycles can keep your business resilient, even in the rough patches. Having experienced the 2008 market crash, Ricky brings a wealth of wisdom, and a unique perspective on navigating uncertainty, to the table.

RICKY'S BIO:

Ricky Carruth's real estate journey is a rollercoaster of success and innovation. He became a millionaire by 23, lost it all in a crash, but bounced back stronger in 2008. By 2014, he was Alabama's #1 RE/MAX agent, closing 100 deals yearly for 8 years.

In 2017, Ricky took a new path, offering free coaching (Zero To Diamond) to reduce industry failure rates. He's a top-five real estate influencer with a massive following. Beyond being an agent, Ricky runs a network of 800+ agents, wrote books, and launched a CRM. His business mantra: coach for free, build a powerful brand, and expand with innovation.

GET IN TOUCH WITH RICKY:

instagram.com/rickycarruth
youtube.com/rickycarruth

EPISODE CHAPTERS:

(0:00:00) - Real Estate Success and Market Shifts
Ricky explains how to prepare for market shifts and structure a resilient business in uncertain times.

(0:11:21) - Adapting to Market Cycle Changes
Ricky explains market cycles, emphasizing boots-on-the-ground involvement and digital marketing for success.

(0:16:40) - Social Media and Real Estate Success
Ricky emphasizes communication skills, market cycles, helping agents succeed, and investments.

(0:33:26) - Maximizing Real Estate Investments Cash Flow
Ricky success story highlights market cycles, communication skills, and taking care of one's own business.

(0:41:14) - Inflation's Impact on Real Estate Market
We discuss inflation, market cycles, communication skills, potential price drops, and low inventory.

(0:50:01) - Real Estate Market Trends and CRM
Ricky shares insight on inflation, market cycles, communication skills, big funds buying one-family homes, and government legislation.

(0:55:12) - Exploring Coaching and Business Models
Ricky shares strategies for success in market cycles, communication, buying/selling condos, and creating passive income.

(1:07:54) - Pleasant Chat With Ricky
Ricky shares advice on inflation, market cycles, communication skills, and real estate investing.

For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions.

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PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property.

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