How can real estate virtual assistants help your business?
The real estate industry is a dynamic sector where only competitive and agile businesses grow. It is closely tied to the economy’s outlook, such as recessions and high inflation rates. These factors can pose serious challenges to all real estate players, big and small.
Aside from economic downturns, the real estate industry faces other challenges. The legwork and back-office tasks involved in the business take much time away from a real estate agent’s core functions. Instead of focusing on revenue-generating activities, agents spend hours of their day on desk work. This is why hiring real estate virtual administrative assistants will come in handy.
Benefits of Hiring a Real Estate VA
According to Statista, the worldwide market size of the real estate industry is projected to reach US$729.40 trillion by 2028. It’s good news for those in the real estate business, but that doesn’t mean it is going to be a walk in the park. Now, what can be your best course of action? Working with a skilled real estate virtual assistant, of course!
Hiring virtual assistants offers numerous benefits, including:
Cost savings
Due to high inflation rates and a tight labor market, real estate industry players struggle to keep up with the competition while keeping costs low. The best action is to hire a real estate VA to support you at a fraction of the price (up to 80% off in staffing costs) of hiring on-site staff.
Since these experts work remotely, getting virtual administrative assistants services saves you on overhead like office space, equipment, and utilities. All you need to do is guide the VA to get them up to speed on your business processes and grant access to your preferred CRM software.
More time for core responsibilities
Are you feeling overwhelmed by desk work and back-office tasks? You’re not alone. On average, workers spend 13 hours a week on emails alone, not to mention other routine tasks like data entry and schedule management. This leaves little time for your core job functions. Fortunately, a real estate virtual assistant (VA) can help alleviate this burden.
Hiring a VA allows you to delegate non-core tasks and free up valuable time for more important responsibilities. They can handle routine and time-consuming tasks, allowing you to focus on higher-level work. No more email overload, but increased productivity!
What do real estate virtual assistants do?
Administrative tasks
Admin tasks exist in all industries, and they are essential, but they are repetitive and laborious. To better manage your time as a professional, delegating these tasks is best. A trained VA can provide the admin support you need by working on the following:
- Data entry
- Calendar management
- MLS profile sheet preparation
- Client database management
- Market research
Business support
Keeping a real estate business running means keeping back-office tasks in order. Keeping customers happy while ensuring up-to-date internal processes is essential for any successful business. Business support virtual administrative assistants can help you run your organization more smoothly by taking over the following tasks:
- Assisting with MLS tasks
- Customer service support
- Timekeeping and payroll
- Bookkeeping
- Routing inquiries and calls
- Email and chat support
- Data analysis
- Transaction coordination
- Report generation
Marketing duties
Connecting to new clients while interacting with existing ones is essential in real estate. However, the execution of marketing campaigns takes much of your time and energy. So, hiring a skilled real estate marketing VA to implement a marketing strategy that will bring in clients is a good idea. Marketing VAs can work on the following tasks:
- Social media management
- Copywriting
- Graphic design
- Content writing
- Marketing collateral design
- Property listing optimization
- Email drip campaigns
- Video editing
- Property listing marketing
Real estate support
As a real estate professional, you must be too familiar with the different processes for a deal. Instead of being busy with the time-consuming work of real estate transactions and coordination, you must hire a real estate support VA. They can help you with everyday real estate tasks like-
- Appointment setting with buyers and sellers
- Lead nurturing
- Inside sales agent (ISA) work
- Lead generation
- Lead qualification
- Loan processing coordination
- Tenant screening
- Property research
- Client prequalification
- Move-in/Move-out coordination
The Bottom Line
A real estate VA can be a valuable asset to your business. They can take over important, time-consuming tasks so you can focus on the bigger picture.
If you want a more seamless and convenient hiring experience, let Nomadux find you the most suitable virtual administrative assistant. Book your free, no-obligation consultation with our experts to get started!
