Tyler Banks Part II: Your Network is Your Net Worth

Founder of Banks Enterprises, Tyler Banks talks about his journey of founding his businesses and how it lead to the creation of the Meetup. Learn how failure leads to success and how to turn connections into a thriving business.

“But the fact that people still call.tI hasn't changed one bit in my business, whether the market is hot, slow, cold, whatever it may be. The phone still rings because people have problems. So I think if you can focus on relationships everywhere you go, talking to people, it's just not going to go away. Like the human side of it and actually having compassion. I'm not out there trying to get every deal, some deals, some opportunities. We go out there, it's like the mission is not to buy that house, it's just to encourage that person. And when your purpose is beyond money, that is where it's at. And if your purpose is to make an impact in lives and your community around you and that's cliche”

Tyler Banks

With a tireless work ethic and a commitment to excellence rooted in six years serving proudly as an E-5 Sergeant in the United States Marine Corps, Tyler Banks has quickly established himself as one of the region’s most dynamic entrepreneurs. Banks’ foundation is in Real Estate, specifically in the acquisition and selling of properties in Baltimore City and the surrounding counties. When faced with the adversity of the market downturn that began in 2008, Tyler opted to live lean and focus on his long-term vision, developing a business plan that resulted in the inception of Charm City Builders in 2011. With a mission of working with property owners to assist them with quick, as-is, transparent sales, Banks grew Charm City Builders into a prominent, reputable resource for Baltimore area sellers. Coupling his acquisition efforts, Tyler also constructed a team of skilled tradesmen who helped him turn his purchases into beautifully restored homes highly sought after by buyers. In addition to resale renovations, Banks led the diversification of the Charm City Builders portfolio to include buy and hold income properties. Through relationship building and sweat equity, Tyler and the Charm City Builders team have acquired over 500 homes to renovate and resell or rent to folks looking for a special place to call home.

Always forward-thinking, Tyler and a team of experienced real estate professionals founded REXTAR in 2019. REXTAR is an innovative real estate brokerage using technology and transparency to provide home sellers with the highest possible sales prices for properties of all kinds. Tyler is both a licensed Maryland Home Improvement Contractor and licensed Real Estate Agent.

Soon after REXTAR’s foundation, Banks crossed the threshold of media and philanthropy, creating The Great American Real Estate Challenge, a web-series chronicling the journey of an ambitious young person through the process of Real Estate investing, culminating in the award of at least $30,000.00 to the contest winner.

Around that time, Banks also co-founded a Waste Management and Tracompany called Toss-It. With Banks’ ongoing guidance, Toss-It is experiencing rapid growth in both B2B and B2C sectors.

Throughout all of his professional ventures, Tyler attributes his success to a belief in a team approach, integrity, and hard work.