Virtual assistants are transforming all industries, and real estate is no different. What to know if you’re thinking about hiring a VA for your business.
What is a real estate virtual assistant?
Virtual assistants are taking the world of real estate by storm. Thanks to the global nature of the internet, realtors and real estate agents are finding virtual assistants who are effective, flexible, and affordable all around the world. Also known as transaction coordinators, these individuals provide the kinds of services that allow you to focus on high-value tasks and leave the administrative tasks to your behind-the-scenes team.
Typically, they shape their working hours to suit the client’s needs, they are fluent in English, understand the US real estate market and work with agencies that have good footing both in the US and abroad. Virtual assistants are quickly becoming the next wave of online evolution for the real estate industry, and it’s providing a huge boost to early adopters.
Where are real estate virtual assistants located?
Virtual assistants are working from all over the world serving the needs of the American real estate market. Most companies find that working with assistants from the Philippines, India and Malaysia provide the best value for money, but that doesn’t mean there are not VA’s in all corners of the globe. The Philippines has an advantage in that the Filipino people are steeped in American culture, speak great english, and they have long and deep connections with the US.
With a thriving education system, solid tech infrastructure and the widespread use of English, the Philippines is proving to be a global leader when it comes to virtual assistants.
How do I find the best real estate virtual assistant?
With so many different options for virtual assistants, finding the right VA is more than half the battle won. When you have someone on your team who you can really trust, who understands the way you work and who you can delegate meaningful tasks to, you’ll soon realize the many benefits of a virtual assistant.
That said, this is easier said than done. You’ll need to start with a virtual assistant service provider who understands the market and who has done preliminary vetting of their VA candidates. Once they have suggested a shortlist of VA’s, you should hop on a Zoom or Skype call and conduct an interview. Find out what they know about the industry, how flexible they are in terms of working hours, and their fluency in English.
Be quite specific about the tasks that you’ll be needing assistance with. Have an understanding of whether this is going to be primarily a real estate marketing position, or someone who will spend most of their time as an administrative assistant? Or, perhaps their focus will be solely on transaction coordination. Whatever it is, be up front about your needs so that both parties know what is expected as you begin working together.
After you’ve done your due diligence and found someone you click with and who checks the boxes, give them a try! Most virtual assistant companies will offer you a trial period of 1-2 months to work with your new VA to make sure the relationship is moving in the right direction.
As with any new employee, make sure to have some onboarding material for them to get started, keep lines of communication open, and take things one day at a time. The more you put into the relationship with your VA, the more you’ll benefit from it!
Click here to set up a free consultation with a virtual assistant recruiter to help you get started!
How much does a real estate virtual assistant cost?
Like most other things, costs vary when it comes to hiring a virtual assistant. More experienced, better qualified virtual assistants cost a little more than novice VAs who are just starting out in the industry.
Broadly speaking, a virtual assistant from the Philippines costs anywhere from $5.00 to $10.00 per hour. This can vary based on skill level, the type of tasks or skills required, and what hours of the day you need your VA to work.
With that in mind, it’s safe to say that Filipino virtual assistants offer some of the best value on the market. Their professionalism, diligence, and familiarity with the American market make them the ideal candidates to join any real estate team. Not to mention, the exchange rate between the two countries is typically very favorable for American employers.
When should I hire a real estate virtual assistant?
If you are starting to feel overwhelmed by the number of tasks you have to complete in a day, then it may be the right time to hire a VA.
If you are missing opportunities because you are too busy doing administrative tasks, it may be time to look for a virtual assistant.
If you feel that you can’t grow your real estate business because you have too much on your plate, then hiring a real estate virtual assistant is likely your best option.
There is no one single right time, place, or price to hire your virtual assistant. But if you’re ready for growth, a better work/life balance and want time to focus on the parts of the job that you really love, then a real estate virtual assistant just might be your saving grace.
Schedule a free consultation to learn more about PhotoUp’s virtual assistants and how they can make a profound difference to the way you work.