Real estate virtual assistants can reduce business labor expenses by around 40%, as estimated.

Additionally, employing virtual assistants for your real estate business can help you avoid overhead costs such as health insurance, social security benefits, medical expenses, unemployment commitments, and other expenses associated with traditional in-house employees.

A virtual assistant for your real estate business or agents works remotely for your company. They are wholly committed to supporting your objectives. They can help with various duties, such as appointment scheduling, calendar management, data entry, etc.

Bringing on a real estate assistant can significantly enhance your business by boosting conversions, lowering per-customer acquisition expenses, and enhancing your social media engagement.

They can aid in real estate website management and streamline customer relationship management (CRM) processes.

The cost for a virtual assistant can vary based on different factors. Typically, native English-speaking assistants or those with specialized skills may charge higher rates. For an approximate range, view this video on determining suitable salary for a role.

We recommend starting your virtual assistant at $5 per hour for their first three months. After a 90-day trial period, you can gradually increase their pay if satisfied with their performance.

Realtors commonly employ virtual assistants, who act as their essential support by handling business administration tasks.

These virtual assistants also undertake a wide range of responsibilities, from lead generation and database management to marketing and finance tasks.

What is cold calling in real estate?

Cold calling represents a lead generation method with the potential to boost sales.

This approach involves researching and using email or phone outreach to discover new clients, like investors or buyers.

A successful cold call serves as an entry point for the agent, allowing them to present their pitch and engage further with the prospective client.

A virtual assistant working for a real estate agency provides various services. These include administrative duties like scheduling appointments and organizing contact lists and creative tasks such as designing marketing materials and crafting marketing content. 

Additionally, a virtual assistant can offer customer service support, handle various social media platforms like Facebook, Twitter, Instagram, and LinkedIn, aiding in social media management by overseeing tasks such as creating and managing profiles, posting listings and photos, and conducting market research when necessary.

Determining the best virtual assistant for real estate agents isn't a one-size-fits-all scenario; it hinges on each agent's individual needs and preferences.

However, certain factors should be considered to ascertain if a virtual assistant suits your requirements. For instance, assessing the amount of time you can allocate to your real estate business is crucial.

A virtual assistant can contribute to cost savings for real estate agents or brokers through various means. One prominent way is handling tasks that typically require hiring additional personnel.

For instance, if you need phone call handling and message-taking, a virtual real estate assistant can manage these responsibilities at a significantly reduced cost compared to hiring a full-time receptionist.

When looking for a virtual assistant, look for the following qualities:

1. Experience working with real estate agents, ensuring a thorough understanding of the industry.
2. Strong organizational abilities and attention to detail are required for organizing listings, appointments, and paperwork.
3. Excellent communication abilities to facilitate effective collaboration and understanding of your specific needs.