In this episode of the Collective Clicks Podcast, host Brandon Bateman interviews Tarek El Moussa, a successful figure in the real estate investment space. Tar shares his journey from a struggling young adult in Burbank, California, to achieving significant milestones in his career, including nearly a million dollars in monthly revenue from his wholesale business and hosting a popular HGTV show.
Tar recounts his early challenges, including a pivotal moment when he lost his sales book while selling Cutco kitchen knives, leading him to explore real estate. After obtaining his license, he struggled initially but turned his career around by focusing on cold calling expired listings. With a commitment to having 50 conversations daily, he quickly earned substantial commissions, which instilled in him the importance of networking and persistence.
As his career progressed, Tar navigated the Great Recession, transitioning from real estate agent to investor. He learned valuable lessons about negotiation and market opportunities through short sales, which marked a significant turning point in his life. Tar emphasizes the need for a strong work ethic and a mindset focused on finding deals. He discusses the evolution of his business model, highlighting how his television appearance impacted his approach to lead generation and the necessity of delegating tasks to scale his operations.
Overall, the episode provides insights into Tar's mindset, resilience, and strategies that contributed to his success in the competitive real estate market.