Experts have already observed that in 2021, there has been a “real estate profession fatigue” in the U.S. & Canada, which could result in more people feeling a breaking point upon their motivation as well as less effective agents.
Real estate professionals often work with a high amount of stress, and the hours are long. This has created an increase in cases of burnout. To help alleviate the stress and fatigue, many real estate professionals are looking for new ways to improve their education and careers.
With this blog post, we’re getting into what’s next for this industry: an article about why there need to be better business development resources for real estate professionals now. Specifically, we’ll be discussing the topic of how to create a better business development strategy for agents today so their days of working hard can become years of fruitful opportunities with high returns and benefits.
Insights on 2021 real estate fatigue:
- The agent workforce will continue to grow with a higher potential of burnout. The combination of low regulation, high demand, high stress, and low pay is a recipe for burnout. In order to reduce the number of agent burnouts, we need to make it easier for agents to learn the skills they need as well as deal with the issues they’re facing.
- In 2021, we see more agents using technology in a more productive way. This will make them more efficient and effective at what they do. With this level of efficiency, they can spend more time on the things that matter most to them and still make money doing so.
- Through improved business development services, agents will be able to build a solid client base and increase their revenue.
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- Marketing — Highly skilled to increase lead flow, content, social media mastery, and search engine optimization.
- Transaction Coordination — To improve paperwork flow, time, accuracy & speed.
- Administrative — To take care of routine online tasks like info gathering & organizing.
- Prospecting & Inside Sales — To increase your closing ratio by improving lead nurturing, response time, conversion & responsiveness rates.
The top 3 reasons why brokers & agents outsource their tasks:
- To save money.
- To have more time for themselves.
- To leverage business for better, consistent results.
In fact, when our top-ranked REAL Trends, Fortune 500, & Inc. 5000 clients tapped us for virtual professional talent — they saved so much that they could afford to get more work done! They started with a ‘Double Your Business’ strategy consultation for a tailored growth plan. This season, we’re offering you the same ‘Double Your Business’ strategy consultation, absolutely FREE with no obligations. Map out a plan with a strategist to double your real estate business now.
See For Yourself: A Closer Look at Virtual Assistants
The popularity and acceptance of virtual assistants will grow over the next decade. It is estimated that, in 2020, 40% of the entire US task force are virtual professionals. Today’s use cases for these task-oriented professionals are vast. “Freelance virtual assistant services” will be one of the biggest industries in terms of employment and global revenue by the end of the decade.
“Outsourcing makes the hustle better — because you’re not burdened with many/growing expenses that you’ll need to figure out how to cover and hit profit”
Focus on your growth & scale your operations
ENVISIONING OF A NEW REALITY FOR YOUR BUSINESS
Simply put, MyOutDesk equips entrepreneurs & business owners with tools, strategies, and virtual employees – and when combined, businesses have a competitive edge and find growth while efficient systems and processes are put in place.
MyOutDesk proudly provides additional free business growth guides, books, and strategy calls.
See what we are about, and schedule a free ‘Double Your Business’ strategy consultation with us. We’ll take the time to learn more about your business and offer solutions to foster top talent and lower operational costs for your company.
Experience The Difference
MyOutDesk can save you up to 70% on employment costs
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Did You Know? MyOutDesk’s origin story is set during the last global financial crisis of 2008. Yes, that’s right — our business started by scaling businesses with virtual assistants during a recession! Our first client in 2008 went from five to seventeen VAs with a completely revamped organizational model in short order, and he told MyOutDesk, “Our virtual professionals have shaved $250,000 off our monthly overhead.”
Do you have a real estate virtual assistant to pick up the pieces?
Agents will continue to need administrative assistance for business development and stronger foothold on market share. The increased fatigue has led to a demand for administrative assistants who can help with business development. These virtual assistants can help with the process of lead generation and data mining, but also customer service and social media campaigns. They can also help agents create a website and set up advertising, which cuts down on the time that it takes to build traffic. Plus, since it takes a lot of data to develop leads, it’s important for agents to have prospecting assistants who can help them with this. This will make their job easier when it comes to establishing relationships with businesses, and they’ll be able to get more business from this.
With the increased job fatigue, there will be a greater need for long-distance assistants and home office assistants. With some agents not wanting to work from home offices, this could become an essential way to get more help with administrative tasks. Even if an agent is working from their own home, there’s still a need for this type of assistant. A virtual assistant can help with customer service calls and emails to ensure that your customers are getting the information they need. They’ll also be responsible for helping you manage your social media presence from posting to responding quickly and efficiently in order to avoid customer complaints or negative comments. They will also create reports about how much money you have made in order to help you see if your efforts are working.