Increasing revenue is crucial for the success of your real estate business. If your revenue isn’t growing, your business stagnates or even delivers negative financial results in the long term. The key to growing revenue is to maximize the amount of time you spend on dollar-productive tasks.
Real estate agents have a busier schedule from working with clients, updating listings, and closing deals than most professionals. So take your business to the next level by leveraging a MyOutDesk Virtual Assistant.
With so many tasks to tackle, coupled with administrative duties and marketing, real estate agents can find themselves bogged down and struggling to focus on revenue-generating tasks. So how can a virtual assistant help you free yourself of those non-dollar productive tasks? What are the advantages of a virtual assistant over a traditional employee?
How can a virtual assistant help you increase your revenue?
The key to utilizing a virtual assistant to increase your revenue is shifting the non-dollar productive tasks from your plate, enabling you to focus on the profitable tasks of your business: liaising with clients and closing deals. Below are just a few of the tasks you can clear from your schedule, have a look at our post on creating a leverage inventory to identify how a virtual assistant can benefit your real estate company.
- Schedule planning: A virtual assistant can manage your calendar and schedule property viewings and meetings with clients.
- Content marketing: A virtual assistant can ensure your website is regularly updated with blog posts. They can also gather data from previous clients for testimonials.
- Social media: Keep your social media platforms updated and make sure any questions or comments are answered in a quick time to engage potential leads.
- Data entry: A real estate virtual assistant can update your spreadsheets and add lead details to your CRM.
- Update listings: Ensure your property listings are up-to-date and accurate.
Virtual assistant vs. in-house
Virtual assistants can help with admin, online marketing, and a host of other jobs that you might use a traditional employee for. If you’re not utilizing a virtual assistant for these tasks, you’re spending your own time or using an in-house employee. A virtual assistant can handle these tasks for a fraction of the long-term cost of a traditional employee.
Cost of training
Whether you’re bringing in a new employee or training an existing staff member, there are significant costs involved in the onboarding process. These costs are ongoing as staff members need the training to ensure their skills are up to date and meet the needs of your business. On the other hand, a virtual assistant requires minimal training. They are already equipped with the experience and skills to perform their duties to a high standard from the moment they begin working for your business.
Office space and overheads
While an in-house employee requires office space and investment in new equipment, a virtual assistant works remotely. Thus, there is no need for onboarding investment and reduced cost of ongoing overheads.
Salary
The basic salary of an in-house employee is far from the true figure that they actually cost your business. The following should also be considered:
- pension contributions
- health insurance
- employers liability insurance
- holiday pay
- sick pay
- maternity pay
When these are factored in, the cost of an in-house employee spirals far beyond the basic salary and is more expensive than the cost of a virtual assistant.
Conclusion
Not only can a virtual assistant help you leverage your time to focus on dollar-productive tasks, but they also do it at a much lower cost than an in-house employee.
