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In the video, Richard Soto, a real estate broker in Texas and California, discusses the effectiveness of Facebook ads in 2023, asserting that his team generates significant revenue through these campaigns. He aims to show viewers step-by-step how to set up Facebook ad campaigns for their brokerage, with live examples demonstrating the process of generating hundreds of leads annually. Richard encourages viewers to subscribe to his channel for future content, emphasizing his commitment to providing valuable insights rather than selling courses, as he prefers focusing on real estate sales and business growth.