Real Producers of Oakland County December 2021 Issue

Page 22

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Nick Bastianelli rising star

By Jane K. Asher, Ph.D. Photos by Sasha Marceta with Skyview Experts Photos taken at Cranbrook Custom Homes — Montcaret in Northville

“SO DANG GRATEFUL”

he and his wife desired for their family. Inspired by his dad’s career as a builder and his mom’s penchant for art and design, equipped with home renovation knowledge from his previous job at William James Carpentry, and fueled by the confidence of his first sale, Nick discovered his “natural fit” in real estate and decided to sell his gyms.

Nick Bastianelli commenced his entrepreneurial journey in 2013 at the age of 23 when he and his wife, Nicole, opened their first CrossFit gym in Farmington Hills. By 2018, Nick and Nicole had not only two young daughters but also a second gym in Ferndale, so when Nick’s friend encouraged him to give real estate a try, he was intrigued but also a bit hesitant. “We had scaled both of our gyms to a place where our staff was running most of the day-to-day operations, which allowed some free time — or as much as you can have with two babies and functioning as CEO of two facilities,” Nick shared. “This led to me being reluctantly open to the idea of trying something new. I gave real estate a go and loved it!” After getting licensed in June of 2018, Nick didn’t initially devote much time or attention to real estate, but that started to change after he made his first sale and as he began to realize that the gyms did not provide the level of income that 22 • December 2021

“Growing up around the building industry and my previous experience in home renovations gave me a huge advantage when I entered the industry,” Nick said. “I helped rebuild a house from the studs up in Northville and, as a result, can walk into a home and feel really comfortable spotting areas of concern and giving ballpark estimates on repair, etc. I also have a solid understanding of real estate investment as a result of reading everything I could get my hands on from BiggerPockets and other real estate investment sources early on in my career.” In 2019, as Nick brokered a merger of his Farmington Hills location with another local gym and began focusing more on real estate, his initial goal was to sell 10 houses as a part-time agent. Closing out 2019 with 19 sales and one referral, Nick doubled his goal. The following year, Nick completed an outright sale of his Ferndale gym and sold almost $9.5 million, and he is on track to surpass $15 million in 2021. “My prior mentor and broker, Brian Kirksey, had a very positive impact on me and helped develop my skills during @realproducers


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Real Producers of Oakland County December 2021 Issue by Real Producers of Oakland County/ Wayne County/ Grand Rapids - Issuu