Archive for February, 2008

What’s It Like to Work with a Real Estate Virtual Assistant?

Tuesday, February 19th, 2008

One of the primary reasons that real estate professionals don’t turn to working with a real estate virtual assistant is that they just don’t know what it would be like. Maybe it’s a reluctance because they’re under the false impression that all VAs are located overseas. Maybe it’s a control thing: they just don’t know how to trust that someone who they cannot keep an eye on is really going to be working to help them achieve their goals.

Here’s the thing: everyone knows that when it comes to trying something new there are going to be some challenges. However, most real estate pros find that working with a real estate virtual assistant is extremely rewarding for a number of reasons.

First, when working with another independent professional whose business relies on professionalism and getting the job done, you can rest assured that your real estate VA will follow through. More than that, when you choose a specialized virtual assistant – someone who is experienced in real estate – you can be sure that you’re getting what you need.

Whether you’re looking for marketing help, administrative support or listing coordination services, a real estate virtual assistant can make sure that you get what you need. Simply lay out your expectations, set the stage for great communication, get the contract and you’re good to go – no training, no one else in the office and a lot less stress are all benefits that you will quickly discover.

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Should You Hire a Real Estate Assistant for Your Development Company?

Monday, February 18th, 2008

When you’re running a real estate development company, it may not initially occur to you that – just like agents and brokers – you may be able to benefit tremendously from working with a real estate assistant.

What can a real estate assistant do for your development company?

  1. Create press releases that focus on ground breaking ceremonies and property tours.
  2. Create web sites or blogs that will enable you to market your business and to target both investors and buyers.
  3. Keep property websites and blogs up to date with the progress that you’re making on the buildings.
  4. Keep track of your prospects database and send out mailings when necessary.
  5. Answer calls and email inquiries about the properties.

When you’re working with a real estate assistant, you’ll find that there are many things that you’re doing on a day to day basis that aren’t contributing to your overall project goals – and you’ll find that they are still all going to be done.

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Listing Coordination: Could Yours Use a Boost?

Sunday, February 17th, 2008

Listing coordination is an essential service that you can offer as a real estate professional – if yours could use a boost, why not bring on a real estate assistant who can help you out every step of the way?

A real estate assistant can make sure that each listing you bring on has a great feature sheet. She can make sure that the Just Listed postcards feature the best artwork and can ensure that when you send out announcements they get noticed. She can also make sure that the listing that appears on Realtor.com and on other real estate websites are the best they can be – whether that means including a virtual tour, choosing the best photos and making sure that links back to your website take visitors to the right page.

More importantly, your real estate assistant can take control of keeping each of the sellers in the loop. With bi-weekly reports or monthly reports, each seller that you’re working with will know what you are doing to help them to sell their home. With great home staging guides (branded for your business, of course) along with showing tips, you can be sure that they are doing their part as well.

Listing coordination – making sure that everything is in its place and that your sellers are ahead of the game – can help you to attract additional listings and grow your business: why not make sure that you’re doing all that you can?

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A Real Estate Assistant Can Help You Reach Your Goals

Saturday, February 16th, 2008

What are the goals that you’ve set for your real estate business? Do you want to attract more buyers? Do you want to help sellers to move their homes from the market more rapidly than other agents and brokers in your area are able to do? Do you want to grow your business so that you’re able to to expand into a new farm area or add another member to your staff?

Whatever your goals are, you’re likely to find that a real estate assistant can help you to reach them.

For example, if you want to attract more buyers, your real estate assistant can help you to create a homebuyer seminar or to create home buying tip sheets, or to develop a new marketing strategy (provided you have the right assistant). If you want to help sellers to move their homes off the market faster, your real estate assistant can create virtual tours, help to stage the home, to create better marketing flyers and postcards.

In any case, if you’re looking to grow your real estate business, you are likely to find that you’re able to work with a real estate assistant who can help you to reach them – without your having to focus on finding more hours in the day, and without the risk of letting down the clients that you currently have.

When you set goals for your business, it’s not so much that you need to work harder to reach them; it’s that you need to work smarter. A real estate assistant can help you to do just that.

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Working with a Real Estate VA: 8 Questions to Have Answered

Friday, February 15th, 2008

When you make the choice to work with a real estate virtual assistant it’s a good idea to know what you’re looking for. While it is definitely true that there are too many benefits to list for most real estate pros when it comes to working with a specialized VA, it’s also true that you need to be sure that you have the right mix.

  1. What experience do you have? Before starting a relationship with a real estate VA, it’s important for you to know that he or she has experience both as an assistant and within the real estate business. If one or the other is missing, you may want to look for a different assistant.
  2. Can you give me references? Knowing that others have used a real estate VA and would be glad to share their thoughts can help you to find the confidence that you need to forge a great relationship for your business.
  3. What real estate software do you have access to? It may not seem like it’s a big deal, but if you have a template for adding listings the MLS or software that you use for creating marketing materials, it’s probably to your advantage to work with a real estate VA who has the same tools.
  4. What services do you provide? If you’re looking for a real estate VA who can research neighborhoods or put together marketing kits, make sure that you’re able to get those services.
  5. Do you have experience with internet marketing? It’s hard to market real estate without a great web presence; choose to work with a real estate VA who has what it takes to create yours.
  6. Do you work alone or with a team? When you only need help with a single project or for a few hours a week, this may not be a huge deal, but if you’re going to be handing a lot of work over to your real estate VA, it’s important to know whether or not he or she has a network or staff that can be called on to ensure that everything is done.
  7. What time zone do you work in? While your real estate VA doesn’t need to be in your town, if she’s going to be answering your phones from 10-6, for example, it’s important that she’s answering them from 10-6 PST if you’re in California or 10-6 EST in you’re in New York. Be sure that the times you’re talking about are clear.
  8. How can I keep in touch with you? If you’re an email person, it’s probably good to work with a real estate VA who is comfortable reading instructions and project info rather than someone who’d rather have it spelled out on the phone.

Mostly, these questions are meant to protect you and the virtual assistant that you’re looking to work with for your real estate business. It’s a way to gauge experience, determine whether or not the services that you need will be provided and – in general – to get a feel for communication and whether or not you’re working with the right real estate VA.

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A Real Estate Assistant Can Help You to Keep Tabs on the Market

Thursday, February 14th, 2008

Real estate professionals have a lot to think about; real estate assistants can make it a lot easier.

Think about it, if you’re meeting with clients, do you have the time to pick up all the details about foreclosures in your area? If you’re talking with buyers on most days, aren’t you going to have less time to research the information that sellers need to sell their home and to provide them with an adequate picture of how long homes are staying on the market?

The reality is that when you work in real estate, there are going to be times when you know that you’re not able to focus on all of the details: the market in your area is definitely a huge part of what you need to keep tabs on, and yet it can be so overwhelming that not everyone hase or makes the time to do the research.

With a real estate assistant on your side, however, you’ll know that there’s someone who can focus on the market and keeping track of all of the information that you and your clients are going to need while you focus on running your business. As a result, you’ll find that you’re able to do even more for your clients – without having to figure out what it’s going to take to add more hours into your day.

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A Real Estate Assistant Can Help You to Stay On Top of Your Workload

Wednesday, February 13th, 2008

In the real estate business, you’ll find that sometimes you could use more than a little bit of help just to stay on top of everything that needs to be done. Between following up on leads, marketing homes that you’ve listed, working with buyers, holding open houses and just replying to emails and returning calls, you’ll find that there are a number of challenges that you’re likely to face. Fortunately, a real estate assistant can help to make sure that everything that needs to be done is done.

For example, a real estate assistant can:

  1. Create marketing flyers and postcards that get the word out about the homes that you’ve listed.
  2. Pick up the phone and help out your clients when you’re out of the office showing a home or involved in another meeting
  3. Reply to emails that come in asking general questions about your services and prioritize the messages that you’ll need to answer yourself
  4. Follow up on your leads quickly so that there isn’t a risk of someone slipping through the cracks.

In other words, wherever you notice that there’s a bit of slack in your ability to get everything done during the day, a real estate assistant can tighten it up and make sure that everything goes as smoothly as possible.

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Should a Real Estate VA Be Writing Your Press Releases?

Tuesday, February 12th, 2008

Real estate professionals don’t often see that they have much reason to submit a press release. After all, what’s so newsworthy about listing another home or about helping someone buy their first home? It’s something that happens on a regular basis.

Just because you don’t always need to send out a press release, however, doesn’t mean that there aren’t times when it would be appropriate. If you’ve brought a new partner into your business, if you have partnered with a lending service or you are going to be hosting a home buying or selling seminar, you need to get the word out. But, it you’re not familiar with writing a press release, you may want to look into working with a real estate virtual assistant (VA) who can make sure that everything is in the right format.

Not only can a real estate virtual assistant write your press releases for you, but she can also make sure that they are being submitted through the right online distribution channels and to media outlets in your local area. And the best part is that you’ll find working with a VA is a simple and effective way of getting things done; even if you only call on your VA when you’ve got a press release that needs writing or if you realize that there are other tasks that a real estate VA could help you with, you’ll know that you’ve found a great resource.

If you’re unfamiliar with writing press releases, you’ll find that it’s far easier to get the basic info to a real estate VA who has the experience and know how to get them out the right way.

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A Real Estate Assistant Can Help You Reach Out to FSBO Sellers

Monday, February 11th, 2008

When the real estate market starts to struggle – even a little bit – many sellers make the choice to try the for sale by owner route to sell their homes, believing that it will help them to save money. As a real estate agent, you know that many of them are ultimately going to come around and find a realtor to help them sell; why now work with a real estate assistant who can help you to reach out to FSBO sellers in your area?

For example, a real estate assistant can work with you to create a FSBO action plan – to set into motion the series of steps that will be effective for reaching out to any FSBO seller in your area. In this action plan, you can do more than just include drafts of letters that you can send out to FSBO sellers.

Why not have your real estate assistant create a marketing sheet that addresses the common issues that for sale by owners sellers are often confronted with and how your services as an agent can help them? Focus on providing resources as much as making the hard sell, and you’re likely to find that it’s easier to win them over.

Are there going to be FSBO sellers who stay committed to doing the work on their own? Of course, but the reality is that many do give up because they don’t find the successes that they are looking for. As a real estate professional, you know what it takes to sell a home; together with your real estate assistant you can share that information and attract new clients.

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Home Staging: Is It a Service You Offer Sellers?

Sunday, February 10th, 2008

Regardless of the housing market, home staging is one of those services that offers a great benefit to sellers:

(source)In a 2004-2006 study conducted by Stagedhomes.com, 300 homes that had spent an average of 163.7 days on the market, were Staged by Accredited Staging Professionals (ASPs?), re-listed and sold in an average of 13.7 days. Homes that were Staged before being listed, sold in an average of 8.9 days. Of the same 300 homes, those that were Staged after spending time on the market, had an average equity of $14,074. That?s compared to homes that were Staged prior to being listed, which saw a 5.8% increase for an average equity of $16,784. On average, Staged homes sold 50% faster and for 6.9% more money than homes that are not Staged.

When you’re working in real estate, and your goal is to attract sellers to the services that you offer, it only makes sense that you would focus on setting yourself apart; offering home staging services will help to give you an advantage – especially if it’s a service that other agents in your area don’t offer.

Of course, if your time is divided between working with sellers, buyers and investors, and you find that there often aren’t enough hours in the day as it is, there’s good news: there are real estate assistants and real estate VAs who can help you to offer home staging services to your sellers so that they can experience the benefits – even if you don’t have the time to go in and point out each change that can or should be made.

As a real estate agent working with sellers, your focus isn’t just on listing properties – it’s also on getting them off of the market quickly; home staging can help. Shouldn’t you offer it as a service to your sellers?

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