As a real estate wholesaler, you know that the more information you have, the more you can fine-tune your property evaluations. And that means that you will be able to zero in on the best deals to make a significant profit. But the challenge is that with all of the properties on the market, it can be very challenging to gather all of that data. Wholesaling is built around doing certain tasks thoroughly and regularly. However, there are only 24 hours in each day.
Of course, you can spend those 24 hours doing the time-consuming tasks that will grow your business, like cold calling, pulling properties lists, and researching properties, or you can delegate these tasks to a virtual assistant for real estate.
With a virtual assistant, you can focus your attention on the skill-based aspects of wholesaling, like negotiating with motivated sellers or finding cash buyers. Here are the best ways to find a virtual assistant and the tasks you can assign to them.
How to find a virtual assistant for real estate
It can be hard to let go of any aspect of your real estate business. But once you find a virtual assistant that you trust, you will never want to go back to doing your research or other generic tasks. You might also be amazed to discover that a skilled virtual assistant can locate the property information you need more quickly and efficiently than you ever could.
The gig economy has made it easier than ever to find a quality real estate virtual assistant. Sites like Fiverr, Upwork, and freelancer.com make it simple to post your job listing and get multiple responses from well-qualified assistants. When you’re hiring a VA, Just be sure to be very clear about your expectations and needs. Include information such as:
- Your desired timeline
- Your budget or pay rate
- The skill level you’re looking for
- Your exact expectations
Benefits of hiring a virtual assistant
The most significant benefit to hiring a virtual assistant is that they can do practically anything that a full time employee could do, but you can hire them for just the days you need them.
A virtual assistant can streamline the administrative work you do, magnifying your ability to take on tasks like lead generation and follow-up at volume. Here are a few of the benefits you will experience from hiring the right VA
- Repetitive task delegation so you can focus on spotting the deals and negotiating closings
- Improved lead generation and data funneling to your lead lists and direct mail campaigns
- Cost-effective help, because you only pay for the work you need to do on the days you need it done
- Backup on your busiest days
While you may intend to hire full time employees once your business matures to a certain point, you may need additional labor before then. Hiring one or more virtual assistants is a great option, especially if you need help with administrative tasks.
7 Tasks that are Perfect for Outsourcing to a Virtual Assistant
When you think of jobs that you can offload to free up your time for more skilled functions, research is usually the first task that comes to mind. However, there are many other repetitive tasks involved in wholesaling that you should be willing to delegate so that you can focus your valuable time on evaluating properties and creating deals. Some of these tasks include:
- Lead generation
- Database management
- Cold calling potential sellers and investors
- Document preparation
- CRM creation
- Marketing, emails, web design, editing, and graphic design
- Social media marketing, monitoring, and maintenance
When you are first starting out in the business, you invest hours combing through public records and data in your real estate lead generation software, looking for leads. But as your business grows, you will find that your time is better spent on other tasks. A virtual assistant is a great way to take these tasks off your plate.
Hiring a virtual real estate assistant can also be a great way to improve your marketing. If you don’t have the time or experience needed for writing, creating eye-catching ads, designing web content, or strategizing marketing materials, hire someone to do it for you. And while you will not have enough work to keep someone in a full-time position, a VA will gladly work as needed to provide you with high-quality marketing material.
Being highly productive means that you are focusing your talent and skills on what you do best. Bypassing all of the other aspects of wholesaling off to a VA, you will be able to maximize the time you spend closing deals. In many cases, you’ll find that the work your VA does will revolutionize the way you work.
Wholesaling is an involved process with a lot of moving parts. Keeping up with all the different pieces of your business can be challenging, especially as you grow. Instead of trying to juggle everything by yourself, follow the lead of many other real estate professionals and find a virtual assistant who can help.
Virtual assistants are great for taking repetitive tasks off of your plate or for optimizing parts of your business that you don’t have experience with. The best part is that virtual assistant services will save you money, because you only have to hire them as your needs arise. Just remember to set up clear expectations and training plans, so that your VAs know exactly what you expect of them. That way you can work in peace without worrying about the tasks you don’t have time to do yourself.