Is a Virtual Assistant Right for Your Real Estate Business?

Updated: 17 Feb, 2016 | Dan O'Brien

Realtors are increasingly using a virtual executive assistant to execute high-growth business strategies.

There is often a direct correlation between the robustness of home sales and labor costs, meaning that successful and busy agents may find hiring a local assistant prohibitively expensive - especially in hot markets like San Francisco or New York.

According to Glassdoor, the average real estate assistant makes 47960 annually - a number that can be prohibitive for a growing real estate office. But while selling real estate requires local “feet on the ground,” your support can easily be done from less expensive places. 

Delegating your administrative tasks can free up your time so you can focus on your sales efforts, and the returns can often speak for themselves. With the right virtual assistant, you can scale your business at rates so low they can justified by only one additional transaction every 24 months.

In today's post, we're focusing on a few of the ways a virtual assistant can help you manage and grow your real estate business. 

1. Calendar management

Mismanaged schedules and poor follow-up that can kill your lead management process is easily addressed by an assistant. Your assistant can handle all of your scheduling needs, from booking home viewings to making sure you never miss an important networking event. Never end up double booked or overscheduled again.

2. CRM management

Fortune is in the follow-up, and if you're like most real estate agents, the time crunch you feel around your email is real. Assign follow-up tasks to your assistant, and you can stick to what you do best - showing up and selling. 

3. Data Entry

From updating your MLS listings to managing documentation, most virtual assistants today have phenomenal typing skills and can process all of the required digital paperwork for you in advance. 

4. Advanced possibilities

Once you’ve embraced the idea of hiring a virtual assistant, the number of ways you’ll find to leverage one to grow your business will rapidly increase. Your assistant can help you with coordinating tours, putting together comps, getting the staging professional and other key vendors to the right place at the right time, coordinating inspections, processing documentation, and more.

The technology to collaborate with a globally distributed workforce continues to develop each day. Leveraging that technology, and the human resources to which it can connect you, will enable you to focus more on the key local aspects of your real estate business that sets you apart.

Learn More About working with a virtual assistant today

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