Tom Ferry Net Worth – $5 million
What is Tom Ferry’s net worth? Who is Tom Ferry’s wife?
Introduction
From grocery store clerk to millionaire entrepreneur and real estate genius, Tom Ferry has learned the real estate business back-to-front and seeks to help others to do the same.
The Origin Story
Tom Ferry was growing up on a path that could have led to prison or worse.
After his father kicked him out of the house, Tom found himself living in an apartment in the ghetto with a bullet hole in the window.
He dropped out of school, got his GED, and started bagging groceries at the local grocery store.
Tom knew that he wanted to someday be successful, but he had no idea how to go about achieving it.
His father, Mike Ferry, was massively successful in the real estate industry, and Tom knew he wanted to follow in his father’s footsteps.
When Mike Ferry entered the grocery store where Tom worked, he approached his father and expressed his desire to go into business with him.
Tom Ferry started at the bottom of his father’s company, working in the mail room, and worked his way up.
Tom learned every aspect of the real estate business, from logistics to sales to product creation.
Tom also adopted his father’s passion for motivational material.
He claimed that he listened to every motivational coach he possibly could as he strived toward bettering himself.
Tom had a goal to run his father’s business within five years and within nine he had achieved just that.
He learned his business skills by building his father’s company and then went out on his own.
Career
Tom Ferry’s father was a real estate entrepreneur and gave him his start in the real estate industry.
By 2005, Tom Ferry had started his own competitive coaching company in Irvine, CA, Tom Ferry – Your Coach.
This company hosts events, conferences, and mentorships for real estate agents.
He also personally trains other coaches and agents.
Tom has been listed as one of the most powerful people in residential real estate.
He has also contracted several agents who have applied his system and have made millions as coaches through his business.
Ferry has embraced social media and review-based platforms from early on, knowing they would eventually be useful for business. He also established high-profile partnerships with billion-dollar companies.
Tom started an investment company that invests in promising real estate companies to drive the industry forward.
Books
Tom Ferry released his first novel “Life! By Design” which he co-wrote with Laura Morton in 2010, and it became a New York Times bestseller that year.
This novel tackled the issue of addictions.
His second book was released in 2017 and quickly became an Amazon bestseller that same year. This novel was a guidebook for real estate professionals.
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Wife & Children
Tom Ferry is currently married to Kathy Ferry and has two sons with her, Michael and Steven.
Quotes
“If you’re struggling now it’s only going to be more same or more of the same for the next you know two three years easily.”
“Whatever new initiatives you’re going to put in place, start now.”
“I would tell people is you’re in the trust business before you are in the home buying and selling business.”
“When people say to you deliver the value its vanilla, and it’s a cliche. You have to understand what are the problems that people have and how can you solve them in a repeatable way and create content about that.” (source)
Tom Ferry – Net Worth 2024
So, how much is Tom Ferry worth? Ferry accrued most of his wealth from founding and managing FerryIntl. It was founded in Irvine, California, in 2004. Therefore, Tom Ferry has an estimated net worth of $5 million.
“You have to have the right mindset and perspective whether it is you know 3 out of 10 or 3 out of 100 we’re not going to convert 100 of the people that we talk to but what we can do is we can establish a relationship that means a future transaction can happen so so it’s having that right mindset first and foremost,” Ferry revealed in an interview in 2021 one of his tips for agent generating leads online.
Tom also makes money from coaching. he’s courses can be bought online from his website — tomferry.com/our-programs. The price of a core part of a course is $749 per month, while an elite starts at $1,299 per month.
On YouTube, Tom has more than 41 million views — about $120k in revenue.
On Amazon, Ferry’s books have over 580 ratings — an estimated 29,000 to 58,000 sold copies.
He’s the host of The Tom Ferry Podcast Experience.
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