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A 'Million Dollar Listing' star got into real estate at the peak of the 2008 recession, and he's convinced it was key to his success

Ryan Serhant got his real-estate license a decade ago, at the start of the 2008 financial crisis. Serhant said he was broke at the time and had nothing to lose. His team is now the No. 1 real-estate team by sales volume in New York City.

  • Million Dollar Listing
  • financial crisis
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It's been a decade since the 2008 financial crisis and real-estate fall out. That same year, Ryan Serhant, now the star of "Million Dollar Listing," got his real-estate license.

Today, Serhant holds the No. 1 spot for real estate sales in New York and No. 2 nationwide. His team closed more than $838 million in deals in 2017 while Serhant filmed two separate TV series and wrote a book, "Sell It Like Serhant."

Serhant's seemingly glamorous real-estate career had an unglamorous New York City beginning, he told Business Insider on an episode of our podcast "This Is Success."

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Serhant said he had no money and nothing to lose, so he would approach strangers on the street with a few shopping bags in hand and asked if they wanted to invest in real-estate.

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