5 Ways to Use a Virtual Assistant in your Real Estate Business

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Today I’m going to share 5 ways a Virtual Assistant can help in your real estate business.

If you feel overwhelmed, busy, frustrated or like you’re not making progress, a VA can make a massive difference…

Knowing what a VA can do will get you to think about what you’re doing (and shouldn’t!) so you can take action, outsource and free up your time, to focus on what’s more important.Unfortunately people are unaware, and they get stuck in the hamsterwheel, doing the same thing every day…

Outsourcing is a Key Part of Scaling Your Business

Since outsourcing is an important part of growing a business, why do people not do it? Well they may be:

• Unaware of the benefits of using a Virtual Assistant
• Fearful of handing work over to other people
• Wary after being burnt in the past by unsatisfactory VAs
• Unable to recruit a VA
Using a virtual assistant is a big step, but once you’ve started to use one, you’ll wish you’d done it sooner!

So to provide some inspiration, here are 5 things a VA can do for you…

1: General Admin

As a Property Investor, your time is valuable. And it shouldn’t be wasted on non value add tasks like admin.

You are uniquely placed to find investors, build relationships with landlords or manage your team. Not reconcile your bank account or sort emails. So get your VA taking over your admin early on.

2: Due Diligence Research

Due diligence is a critical part of property investing, whether it’s on an area, property, person, company etc.

But due diligence can be time consuming and not the most interesting activity, especially if it’s repetitive (which is easier to outsource).

Next time you do some due diligence, that you know will be repeated in the future, make a checklist or write a set of steps that you can hand over to someone else.

3: Prepare Marketing Materials

Marketing, marketing, marketing.

Whether it’s spreading your message online with social media posts, creating investor packs for your latest deal or sending out landlord letters, most of the ‘process’ can be outsourced with you creating the core content.

4: Deal Progression

You’ve found a deal, put in an offer, got it accepted and you’re now in the process of buying.

This is where chasing comes in. Phone calls, emails, getting updates, removing blockers etc. Low value activities that a competent VA will be more than able to handle.

5: Basic Finances

Keeping track of your finances on a regular basis is really important, but as the business owner you’re there to make decisions, gain insights and be strategic. NOT reconcile your accounts, input data into spreadsheets or do manual tasks.

Outsource it!

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