Find Out Examples On How You Can Make Use Of A Real Estate Virtual Assistant
MLS is a tool used by group of realtors to allow each of them to see one another’s listings for properties for sale. It is a suite of services that real estate brokers use to establish contractual offers of compensation (among brokers) and also to accumulate/disseminate information to enable appraisals.
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1. Handle Multiple Listing Service (MLS) with ease
MLS is a tool used by group of realtors to allow each of them to see one another’s listings for properties for sale. It is a suite of services that real estate brokers use to establish contractual offers of compensation (among brokers) and also to accumulate/disseminate information to enable appraisals.
This helps every broker in the team to benefit from the consolidated and shared information, and also by sharing commissions. However, listing is not an easy process and it is time-consuming when you have multiple-listing. Here, a virtual assistant can help you meticulously. All you have to do is to share with them the relevant information. A real estate agent can create multiple clean MLS sheet which includes:
- The property types
- Listing Information
- Property Description
- Images
- A virtual tour
- Pricing details
As a realtor, it is counterproductive to spend excessive time to handle Multiple Listing Service. The smart idea would be to present the task to an expert, while you are investing time on doing the primary business generating tasks.
2. Managing Social Media Accounts
Popularity matters when it comes to taking any business to newer heights. Social media catalyses the formulation of business’s wise strategies to outwit its competitions. Exploring, incorporating and utilizing each of these platforms is nevertheless a patience questioning task. Why taking tensions, when a real estate virtual assistant can also wear the cap of a social media strategist.
Managing social media accounts, creating unique strategies, analysing the results and improving the visibility can all be done within a stipulated budget. Some of the relevant virtual assistant tasks for real estate companies include; adding event invites, uploading new posts, responding to queries on online platforms, addition of featured properties and responding to reviews. Most often social media followers would be the first-time buyers, educating them is definitely a time-taking process, so your firm would need a full-time social media strategist or a digital marketer to create leads.
In search of new customers, neglecting existing ones is not a right option. Social media should also be used as a place to engage the existing pool of customers. This requires constant efforts too. A real estate virtual assistant would be the right partner for your firm capable of handling all your social media business accounts effectively.
3. Hassle-free preparation of monthly reports
Creating monthly reports is an essential task of all realtors. Painstakingly one creates reports on various activities such as social media engagement, new-email subscriber connects, mortgage rate, trending market activities, lead-to-client conversions, sales figures, etc. Only an expert would know the essential components in each of these reports.
Some of these relevant documents would require having videos, excel sheets, presentations, research-based data, etc. A real estate virtual assistant can help in creation of precise, clear and meaningful data for all kinds of reports required in a real estate agency.
The best part is that all of these tasks will be completed without any intense training or induction, as the VA’s would have dealt with similar projects for other real estate agencies. Speed comes with experience and so does confidence in dealing an engaging and a balanced data. Now-a-days there are several software that helps a realtor in generating reports, however a need for an overseer is genuine. Hire a real estate virtual assistant, even if you are using a software for report generation. A VA will be readily monitoring, analysing and throwing lights on insightful information like no other software.
4. Cost Factor
So, do you think hiring a real estate virtual assistant is a costly affair than taking an in-house employee? This is not true. A reliable assistant requires no extra training, extra job benefits or other extra resources. All you have to pay them is the budget-friendly prices, often clearly detailed in their websites or portfolios.
The charges often fluctuate depending on the differing geographical areas and experience of the VA. In the US, real estate virtual assistant generally gets paid anywhere between $30 and $70 per month. The current trend in the country is to hire independent VAs instead of experts from various agencies. These individual contributors are highly qualified experts working for multiple companies, projects and tasks; so that they can earn better. As a realtor, you can utilize this opportunity smartly.
The Major factors that influences the pay of a real estate virtual assistant
1. Experience & expertise
More the experience, the person becomes more resourceful, efficient and reliable. Finding the right expert with the correct skill set and availability starts with your creation of a profile that entails all your specific requirements. Type of work Giving a clear information to the VA on the tasks they are supposed to complete, and time required to complete those tasks would help them to quote the right cost at the beginning of the project. Budgeting right is the secret behind restricting money flow and controlling overall cost.
2. Level of technical knowledge required
Some of the real estate virtual assistant tasks require medium to high technical knowledge. A real estate VA should be proficient in using programs such as Microsoft Word and Excel. Knowledge in researching various subjects and industry topics in the internet, is also very important. Adeptness in handling tools like Hubstaff, Dropbox, Google Calendar, GroupMe, Skype makes the work flow smooth and faster.
3. Geographical location
Geographical location of your VA will also influence the pay. According to a recent relevant survey, India is the most preferred outsourcing destination. 80 percent of UK and USA companies outsource their tasks to India. Cheap labour, high quality of the tasks completed, and easy availability of virtual assistants makes India, the best destination. Other hot destination for outsourcing are China, Malaysia, Brazil, Indonesia, Thailand, Philippines, Mexico, Chile and Poland. However, in real estate sector, businesses prefer finding VAs from one’s own hometown or from the neighbourhood for all the obvious reasons.
Real Estate Virtual Assistant Trends
In the dynamic world of real estate, staying ahead of the curve is essential for success. As we step into 2023, the integration of technology continues to redefine the industry, and one key player in this transformation is the Real Estate Virtual (REV). These virtual assistants are proving to be invaluable assets for real estate professionals, enhancing efficiency, improving customer experiences, and streamlining operations. Let’s delve into the top trends shaping the landscape of Real Estate Virtual Assistants in 2023.
AI-Powered Virtual Assistants: The Rise of Smart REVA
Artificial Intelligence (AI) is no longer a futuristic concept; it’s a present reality reshaping the real estate sector. In 2023, we’re witnessing the rise of AI-powered virtual assistants that can analyze vast amounts of data, predict market trends, and provide actionable insights. Smart REVA systems can automate routine tasks, such as responding to emails, scheduling appointments, and even engaging in natural language conversations with clients. This not only saves time but also allows real estate professionals to focus on high-value, strategic activities.
Enhanced Customer Interactions: Chatbots and Beyond
Customer service is a cornerstone of success in real estate, and virtual assistants are taking it to the next level. Chatbots, equipped with Natural Language Processing (NLP), are becoming more sophisticated, offering personalized interactions that mimic human conversations. In 2023, expect to see virtual assistants handling customer inquiries, providing property information, and even assisting in the initial stages of the buying or selling process. This not only improves customer satisfaction but also ensures round-the-clock availability.
Blockchain Integration for Secure Transactions
As the real estate industry continues to embrace blockchain technology, virtual assistants are following suit. Virtual assistants can facilitate secure and transparent transactions by leveraging blockchain for tasks such as property verification, contract execution, and document management. This trend not only enhances security but also reduces the risk of fraud, ultimately building trust between parties involved in real estate transactions.
Data Management and Analysis: REVA as Data Scientists
The real estate sector generates a vast amount of data, and in 2023, virtual assistants are evolving into data scientists. REVA can efficiently organize, analyze, and interpret data to provide actionable insights. From predicting market trends to evaluating property values, virtual assistants equipped with robust data analysis capabilities are becoming indispensable for real estate professionals looking to make informed decisions in a rapidly changing market.
Virtual Property Tours: A Game-Changer in Marketing
In the era of social distancing and global connectivity, virtual property tours have gained immense popularity. Virtual assistants are now equipped to organize and conduct virtual property tours, allowing potential buyers to explore properties from the comfort of their homes. This not only saves time for both parties but also widens the reach of property marketing efforts.
Some prime reasons why one should hire our specialists
- Our team consists of highly experienced virtual real estate assistants. They have worked with diverse industries, variety of projects and for businesses established around the globe.
- The company maintains 100 percent confidentiality. Maintaining security and privacy is the top priority. Clear policies are framed to reduce the scope for a glitch. All the virtual assistants working with us are assigned with unique user IDs and passwords to websites, social media accounts, project management tools, email accounts and cloud-based software application.
- Charges are priced in a way to help businesses to utilize the VA opportunities. Flexible subscriptions and low hourly rate are one of the highlights. ‘Gift of Time’ and ‘Refer a friend’ are services created for all our beloved clients’/customers and others. One can gift virtual assistant services to their person of choice and can also gain extra bonus points and hours by referring a friend to our service.
- Businesses can request for a replacement VA, if one is not satisfied with the present VA working for them. We also assure a total money back guarantee, in case of total dissatisfaction.
- Each project is lead by a dedicated customer success manger. They would communicate with the clients to ensure productivity. We would be available to talk and discuss about the project 24/7. Improving the scope to achieve more and help businesses reach their goals are our utmost priority.
- There is no limitation to the number of tasks that our real estate virtual assistant can complete.
- Our assistants are ace at data scraping various traditional and modern sources using the right software.
- Specialists are capable of generating reports with the right information received from Multiple Listing Service.
Additionally,
- Our VAs are reliable writers well-versed in creating messages. They can develop error-free blogs and other content for various business collaterals attracting a huge pool of readers across the globe. They not only have good writing skills but also great communication and people skills. Whether it be filling documents as per the official checklists or following up with the clients, our experts can do it all.
- Our experts won’t demand for sick leaves, casual leaves or any other employment benefits like an in-house employee. However, they can complete tasks efficiently, saving both time and money. Most of these works are done based on contract basis, so no work means no pay; making it one of the most inexpensive way of getting a work done on time.
Hire a Real Estate Virtual Assistant and Get Less Impacted By Industry Issues
Every Industry faces a few current and emerging issues which can be tackled only by intelligent solutions. Uprising of these issues can be of various reasons and it differs from one geographical location to the other. Real estate industry too faces controversial matters that hit the newspaper headlines. In the US, the back-burning issues in this industry are infrastructure, technology effect, political division, capital market rise, population migration, public and private indebtedness, etc.
So, if you are a realtor or is a professional in this space, the plate is filled with burning topics to deal with. In such a scenario, giving the right amount of time and concentration on both primary and secondary tasks is almost impossible. Why taking extra burden, when outsourcing options are open and that too at budget-friendly costs.
In today’s economic conditions, finding a listing in a low-inventory market is not too easy, the solution to this is to find the right referral. Rely on a fully-fledged real estate virtual assistant agency to expand the sphere of influence. If you are in the industry for a long time, you would have perceived the modern importance of having a strong online presence.
Harnessing Digital Marketing and Online Presence
Home shoppers these days check out the websites of realtors before going to the next step in the buying cycle. For winning among the growing online competition, launch 360-degree digital marketing stunts. As a realtor, you might not be able to dedicate a specific time of the day to do very crucial digital marketing tasks.
Assign these tasks to a virtual assistant team and see how you would be able to stay relevant and compete even with the bigger brands. For a medium or small sized real estate agency, constant upgradation of technology is the shortest way to trouble, as it involves huge budget. Other factors that spiral into expensive problems include purchasing the wrong CRM, transferring domains to new servers, errors with apps, data security breaches, etc.
If these tasks are given to an authentic virtual assistant agency, winning a race to keep up the pace with new trends and technology upgradation will be easy. Upgrading the database and managing the ever-increasing list is an unavoidable repetitive mundane task.
Most agents overlook on the importance of keeping in touch-contact on a regular basis. Maintaining a database of high-quality contact details and targeting an effective message to people, is fundamental in real estate business. The best way to do this is through marketing automation. Confusions around selecting the right CRM can totally be avoided by relying on a real estate virtual assistant.
There is no end to the reasons on why realtors are relying on virtual assistants. Primarily, the ease and the option to save money is opening way to choose this biggest trend.
Ossisto Real Estate Virtual Assistant Services
eassistantvs is a one stop shop for all your virtual assistant needs. Here one can not only find real estate virtual assistants but also general virtual assistants and other specialists in various fields such as BPO, Business Support, Creative Design, Digital Marketing, Finance and Accounting, IT Development, Content Writing, IMS and IT recruitment. Trusted by small businesses and corporations alike, all the professionals are hand-picked based on their qualifications and skill sets. The company offers solutions for agents & brokers, investors, property management firms and telemarketers.
Conclusion
In the fiercely competitive realm of real estate, staying ahead demands not just hard work, but smart work. This is where a real estate virtual assistant becomes a game-changer. These professionals bring a wealth of expertise in administrative tasks, allowing agents and brokers to focus on what truly matters – building relationships and closing deals.
By entrusting tasks like data entry, scheduling, and calendar management to a capable virtual assistant, real estate professionals can reclaim valuable time and allocate it where it counts most. This shift in workload not only enhances productivity but also cultivates a healthier work-life balance.
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FAQ'S
1. What is a Real Estate Virtual Assistant?
A Virtual Assistant (VA) for Real Estate is a remote professional who provides administrative, technical, and marketing support to real estate agents and brokers. They handle tasks like data entry, appointment scheduling, and marketing campaigns, allowing agents to focus on core activities.
2. How to Become a Real Estate Virtual Assistant
To become a property management virtual assistant, gain proficiency in real estate processes, software, and marketing techniques. Build a strong online presence, create a portfolio, and market your services on freelance platforms or through networking in real estate communities.
3. What is a VA in Real Estate?
A VA in Real Estate, or Real Estate Virtual Assistant, is a skilled professional who remotely assists real estate professionals with various administrative tasks. This includes managing schedules, handling paperwork, coordinating marketing efforts, and more, optimizing an agent’s productivity.
4. How to Hire a Real Estate Assistant
To hire a property management virtual assistant, define your needs and tasks clearly. Search on reputable platforms like Upwork or specialized VA agencies. Review candidates’ portfolios, conduct interviews, and assess their understanding of real estate processes before making a selection.
5. When to Hire a Virtual Assistant
It’s advisable to hire a Virtual Assistant in real estate when you find administrative tasks overwhelming or distracting you from revenue-generating activities. When your workload reaches a point where delegation is essential for sustained growth, it’s the right time to bring on a Virtual Assistant.
6. What are the essential real estate virtual assistant skills?
A virtual assistant for Real Estate should possess skills in customer service, data entry, social media management, appointment scheduling, lead generation, market research, and proficiency with real estate software tools.
