This is a short excerpt from a YouTube interview titled "Putting the Investor Hat On with Brett Tanner" (uploaded by Richard Canfield, recorded March 30, 2023). In this excerpt Brett Tanner recounts observing long-tenured top realtors who were not truly wealthy, realizing that being a great realtor doesn't guarantee wealth, and describing his shift to studying wealthy people and adopting an "investor hat" mindset rather than only a "realtor hat."
Chapters
As I was growing my career, I got the opportunity to mastermind with really big realtors, where you see that dominant agent that has been there for 20 and 30 years. And I got the good opportunity around them. And I started going around the room and these were just, you know, they dominated for two decades. Now I'm in my 20s, and I looked and I thought, which one of these people is really, really wealthy? And I looked around. They had a nice house. They have a late model BMW. But they didn't have any real wealth. They were going to be listing homes and selling homes until they died. And so I looked at, well, obviously being a great realtor doesn't indicate that you're going to be really, really successful. There's other things that you need to be thinking about. And so I started studying the wealthy. What do they do differently? How are they thinking about it? And that's where it all changed for me. And I started. There's a real path to money, right? You guys talk about it, you teach it. I mean, and agents as a group just don't get it, right? They're great realtors. They're great, but they got the realtor hat on, not their investor hat on.