When you’re a real estate investor, you usually have other projects going on at the same time. That could be additional work in the real estate space, or it could be something else entirely. Either way, it translates to you being busy. That’s not necessarily a bad thing, but being busy can make it more difficult to continue working on your portfolio and building it up to where you want it.
Fortunately, when you want to expand your portfolio you can do so with the help of a virtual real estate assistant. That way you get some support and assistance, but you also keep your overhead costs low and don’t need to have an office for the people you’re hiring to help you out. Here’s what you need to know about this great option to get more done.
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What is a Virtual Real Estate Assistant?
A virtual real estate assistant is one who works through virtual means instead of in person, and also has specialized knowledge in the real estate market. If you’re looking for someone who meets both of those categories, you can find qualified professionals who can help. That can be a great way to take a lot of the work you’re currently doing off your plate, so you can pursue other opportunities.
While some investors want to work with someone face-to-face, a virtual assistant can do almost as much and can be located anywhere in the world. That really adds to the convenience, since you’ll be hiring from a much larger pool of applicants and won’t be limited to the people who are available in your local area. Depending on where you live there might be great candidates, but being in a more rural area or somewhere with fewer options often makes virtual assistants more appealing.
How Can an Assistant Help Grow Your Portfolio?
If you hire a virtual real estate assistant to help grow your portfolio, they can help you in several ways. First, they can do everything that doesn’t require a real estate license. That’s a lot, and with their knowledge of the industry they’ll be able to work on finding quality properties for you and asking the right questions. Most of the tasks you need done for portfolio growth don’t need a licensed real estate agent to help, so you can get a lot of value from your assistant.
You can also use their help with marketing, and have them field calls and emails related to properties you own or may want to purchase. While you can’t have them providing information that would require the help of a Realtor, your agent can address the administrative tasks to keep your portfolio growing.
A lot of real estate investors have their portfolio as something separate from what they do for a living every day. Because of that, you may be at work on a host of other things, while your assistant handles the work that’s related to your investments. That can give you a lot more peace of mind, while you work toward a portfolio you can truly feel good about.
Where Do You Find an Assistant to Help?
Finding a real estate virtual assistant doesn’t have to be difficult. With the right company to help you, you’ll have options to choose from and plenty of great helpers offering their services. Then you can vet the people you’re considering, and narrow down your choice to just a few that you feel are really great choices for your needs.
Keep in mind that you’ll likely be working closely with your real estate assistant, so you want to find someone who provides not just a lot of skill and quality, but also a personality that meshes well with yours. You don’t want to choose someone you can’t get along with, since the idea is to form a good working relationship, so your portfolio can grow more easily.
Is a Virtual Option Really the Right Choice?
For many real estate investors, the virtual option is definitely the right choice. Not only is it easy and convenient, but it can cost less than in-person options. Additionally, you’ll get the support you’re looking for from a professional who doesn’t have to be located near you. That means you can choose based on skills and personality, as opposed to geographic location. That’s a great way to find a quality support person, so you can focus on what’s important.
What’s the Bottom Line for a Real Estate Assistant?
The bottom line is that a virtual real estate assistant can be an excellent choice. As long as you don’t need a lot of in-person help, you can choose a virtual professional and get started. By choosing someone with a background in real estate, you can also feel secure that they have the right knowledge to help you properly. That will shorten their learning curve and increase your peace of mind.