The Truth About Being a Real Estate Agent

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  • Опубліковано 1 чер 2024
  • Being a real estate agent is often glamorized and there is a lot of misconceptions out there surrounding pay, work-life balance and the social side so in today's video, I'll share my views after just 7 months in the industry. Make sure to subscribe - most of you are not subscribed!
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    4 Hour Work Week: amzn.to/3qjOa68
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    Thanks for taking a look at my channel! It's a creative space for me to express my passion for all things real estate, personal finance and sometimes even travel/cars.
    Over the last couple of years I've grown a strong interest in investing in property, crypto, stocks and even NFT's recently so my aim is to cover those subjects alongside real estate focused videos which will hopefully give you an insight into my life as a real estate agent here in London. If that's something that could be of interest to you, make sure to subscribe and turn on the notification bell to not miss out!
    Make sure to hit the like button to help me ride the UA-cam algorithm! ;)
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    Add me on Instagram: @bartsibila
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    Disclaimer: This is not financial advice.
    Bart Sibila
    #realestate
  • Розваги

КОМЕНТАРІ • 65

  • @RohaanKhan-wi7qx
    @RohaanKhan-wi7qx 15 днів тому

    The easiest fix for the irregular pay issue you described is to just live within your means. Don't let your fixed expenses go above your base salary and just put your commission earnings into saving, investment, or emergency fund.

  • @Greeny22
    @Greeny22 Рік тому +4

    I've just turned 40 and I'm starting to get in to this game. I'm taking over the game watch out

  • @BrainyExpress13
    @BrainyExpress13 2 роки тому +1

    You are so close to 1000 Subscribers! No doubt you will get there SOON because you always deliver INFORMATIVE & HONEST information...... It's always cool to hear and see your progress. 👍👍
    My best friend is a Realtor in Florida so it's interesting hearing different prospective.
    "The 3rd positive before we hit the depressing stuff" LOL
    OH boy, I totally get people that tend to tell you so much about their life, which can be VERY beneficial for your field. You have an AWESOME outlook on life Bart! KUDOS!!!
    WORK LIFE BALANCE, yes..it took my friend a few years to find that balance when first starting off...... not easy for sure in your field of work.

    • @BartChmielecki
      @BartChmielecki  2 роки тому +1

      Thanks James! Always great to hear your thoughts!

  • @oldaccount275
    @oldaccount275 Рік тому +1

    love your energy! very inspirational...

  • @louispaulhagen5433
    @louispaulhagen5433 2 роки тому +1

    What a content, love it mate! I'm from Germany and I'm about to start at as a negotiator at Engel&Völkers - you might know it from London then have several offices there too! However thanks for your videos.
    P.s. I'd love to see more of the day in life video:)

  • @elonmusk5944
    @elonmusk5944 2 роки тому +5

    Great video!

  • @mojaw9288
    @mojaw9288 2 роки тому +1

    Super informative 👍 great vid , quick question Have you got any recommendations on companies in the London area to look out for when looking for an estate agent job ?

    • @BartChmielecki
      @BartChmielecki  2 роки тому +2

      Thanks! Chestertons, Knight Frank and Savills are the top companies

  • @teddykleindienst3044
    @teddykleindienst3044 2 роки тому +1

    Hi Bart,
    I really enjoy your videos! I have entered the industry almost identical time as you did and work in almost the same area as you do (Kingston based). I am a bit unsure about how I feel about a few things and would love to grab a pint with you one day after work to get a second opinion?

  • @XtremeGamerps4
    @XtremeGamerps4 2 роки тому +1

    I’m going to start applying for sales negotionator jobs as soon as I get my driving licence sorted, I don’t have experience in that field just sale assistant jobs in the past.

  • @xltd
    @xltd 2 роки тому +6

    This was a great video and was very extensive and detailed. Just one question, did you get your current job without any experience of working or was it your first-ever job ?

    • @BartChmielecki
      @BartChmielecki  2 роки тому +5

      I had a few part time sales jobs whilst I was at school but this was my first full time job

  • @TylerSinden
    @TylerSinden 2 роки тому +2

    I think you mentioned that the commission in the UK is quite less than in America, but in America, they don't get the salary as well (I believe). Would you rather have a bigger commission or lower commission and salary?

    • @BartChmielecki
      @BartChmielecki  2 роки тому +7

      I think now that I’ve got a bit of experience I’d probably forgo a salary for more commission

  • @JoshIsOnAMission
    @JoshIsOnAMission 2 роки тому +2

    oh man I've been in the industry for 3 yeas and it's rough. It gets better though. I only make money through commission so the hustle is always real.

  • @81142
    @81142 3 місяці тому

    Bart I heard stories where estate agents have their potential clients stolen or “poached” by their own colleagues? Later the estate agent transferred to a new office where they didn’t allow stealing sales but did you encounter this?
    BTW we need an updated video 👌

  • @hamidmohammed9110
    @hamidmohammed9110 2 роки тому +2

    Hi Bart,
    Did you start as a trainee estate agent or at a different position? Thanks

    • @BartChmielecki
      @BartChmielecki  2 роки тому +4

      Hi Hamid, I started as a sales negotiator. Thanks!

  • @TruthDefender
    @TruthDefender 9 місяців тому +1

    very interesting

  • @maid5022
    @maid5022 2 роки тому +1

    Hey
    What do you mean by pipeline? A clients network? How do you build this up when you know no body in the area?
    Are you paid a general annual wage?
    Thnaks!

    • @BartChmielecki
      @BartChmielecki  2 роки тому +2

      The pipeline is the deals that are agreed and going through conveyancing. Building a network happens over time. And yes, there is a basic salary. Thanks for watching!

  • @willbennett393
    @willbennett393 2 роки тому +5

    So in your first 5 months did you not earn a penny in commission? If so, was your basic salary enough to cover your basic necessities i.e rent, food, car etc

    • @BartChmielecki
      @BartChmielecki  2 роки тому +4

      It was just about enough! But yes to start off with it was tough

  • @BondTheOGYT
    @BondTheOGYT 2 роки тому +3

    I've been looking into doing this and have some companies I'm interested in joining. Which company are you with?

  • @boratsagdiyev4925
    @boratsagdiyev4925 2 роки тому +1

    Hi Bart, I’m a sales neg in my local city in south England, me and my girlfriend have a property in central east london that we are looking to move to in 2 years. What’s the likelihood of me being able to start work in london with only a small amount of local knowledge. Any advice ?

    • @BartChmielecki
      @BartChmielecki  2 роки тому +2

      I had no knowledge either, just go for it - it’s great that you already have experience, it puts you in a strong position

  • @-bot9866
    @-bot9866 2 роки тому +2

    How much are you earning per month base salary if you don’t mind me asking? And how much commission do u make as a beginner ?

    • @BartChmielecki
      @BartChmielecki  2 роки тому +3

      It varies massively depending on where you work

  • @Hannah-tn9pt
    @Hannah-tn9pt 7 місяців тому +1

    Hey, ive just started up in the industry and I am pooping it. Scotland based here so house prices are a bit lower.
    Ive been quite lucky to find a role 50% comission! Though i have no base salary 🥴... gunna starve on my first few months i think 😂

  • @mrjay2137
    @mrjay2137 Рік тому +1

    Is there a basic qualification to be a real estate agent in the UK

    • @BartChmielecki
      @BartChmielecki  Рік тому +2

      Nope! Just need to know how to sell. Ps. I just posted a new video :)

  • @mrjay2137
    @mrjay2137 Рік тому +1

    True.....

  • @higuys3472
    @higuys3472 2 роки тому +2

    are you able to become an estate agent with just a secondary school education?

  • @mrkrum7662
    @mrkrum7662 2 роки тому +1

    so are you completely commission based no salary?

  • @nusratali1677
    @nusratali1677 2 роки тому +2

    Sir, I'm an Architecture Student from India. I want to become Estate Agent and want to work in London Only
    Please, Guide Me I have these questions :-
    * I want to work in London, Can I study in University which is located far away from London (of course in UK) but I can move to London After my study. Will it work ??
    * Does an Architecture Student have more chances of getting jobs easily in Firms, We have the knowledge of Different types of Buildings and Construction Techniques.
    Please Reply
    *Subscribed*

    • @BartChmielecki
      @BartChmielecki  2 роки тому +4

      Everything above is possible - you just need to go for it and put yourself out there

    • @homoerectus4923
      @homoerectus4923 2 роки тому +1

      Well if ure lucky but ur chances are low, in this world theres huge discrimination to immigrants theres other jobs at the end of the day

    • @dilarayagmurkaragol3804
      @dilarayagmurkaragol3804 Рік тому +3

      Hi,
      I'm a sales negotiator just outside of London, and I completely disagree with the racism comment above. I'm a muslim from a Middle Eastern country and I can guarantee you that racism/discrimination doesn't happen, what matters is your ability to be able to talk and build relationships with people! The industry, in my opinion, is far from being discriminatory..

  • @BryanMcCann-ks9jh
    @BryanMcCann-ks9jh 6 місяців тому +1

    Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.

  • @j3_k.018
    @j3_k.018 6 місяців тому +1

    If it took 5 months to make money once you started how did you afford your home ??

    • @BartChmielecki
      @BartChmielecki  6 місяців тому +2

      I started doing a lot of deals 😁

  • @hinaasim3534
    @hinaasim3534 Рік тому +1

    is there any licence for real estate agent in UK

  • @diyajot683
    @diyajot683 Рік тому +1

    You from ? County?

    • @BartChmielecki
      @BartChmielecki  Рік тому +1

      Poland, but have lived in the UK for my whole life. Ps. I just posted a new video.

  • @rakeebgiwa4290
    @rakeebgiwa4290 Рік тому +1

    Hi Bart, where can you be reached?