Theodore (Tedd) Brabant - broker/salesman/office manager
About Theodore (Tedd)
Born in 1969 in Santa Ana California, raised in Northern Nevada.
I obtained my real estate license in 1993 then obtained my brokers license in 1998.
My purpose for obtaining my real estate license was to be more involved in the real estate market, so I can personally invest into real estate myself. I took a position with a small local firm to help manage and grow their office. I was able to help grow that office from 7 agents in one office, to over 45 agents in two offices.
During this time, I had an amazing opportunity to meet some great mentors that I continue to work with to this day. Through these mentors I learned areas of the business that most other real estate professionals haven't had the opportunity to be exposed too.
In 2005 I branched out on my own and opened my own real estate brokerage. I grew this business from just my self, to a firm with over 12 agents and a respectable property management division. I ended up selling my brokerage in 2009
In 2011 I helped a friend of mine co-found True Real Estate LLC, which is named after my daughter, True.
Throughout my career I've done many types of transaction ranging from a little $18,000 condo, where the buyer used a pick up truck as the down payment, to structuring a partnership agreement on a 370 unit subdivision in Spanish Springs that ended up flourishing 1,000+ home subdivision.
I believe, my most notable transaction is one that I did for a local developer here in Reno NV. This transaction was done when new home sales took a dip and the builder was going t have to lay off workers. The transaction I structured, is called a 3-way trade, consisting of an entry level house in Raleigh Heights trading into a custom home in Galena Estates. Then we pushed the cash and equity of the entry level home through to 5 new homes to be built by the builder of the subdivision. This worked out for all parties. Additionally, the builder was not forced to lay off any workers and was able to get their development and construction loans paid off. Then the builder went back to traditional sales as the market began to pick up. I ended up taking my commissions in the form of equity in the entry level house, A $400.00 bottle of wine and a unicycle.
To this day, I am proud to say that I enjoy the art of putting a deal together and finding creative ways to help people achieve their real estate goals. I love this business and will help any sincere person, regardless of the size of their needs and wants.