What is a property management virtual assistant?
So, ‘what is a property management virtual assistant?’ A property management virtual assistant is an offshore employee who can carry out administrative tasks for your real estate business. Although they are remote, they are 100% dedicated to your business.
A property management virtual assistant can help streamline your operations, maximise overall performance, reduce costs, boost your bottom line, and scale and develop a robust real estate business. Supporting your in-house property management team, they help your business perform as its peak, every day. That’s why, around the world, more and more real estate businesses are scaling through outsourcing and hiring dedicated property management virtual assistants.
Find out about property management virtual assistant.
What is property management virtual assistant training?
Property management virtual assistant training teaches the ‘how’ and ‘why’ of property management. It ensures that a virtual assistant understands every property management task’s objectives, outcomes, task flow and timelines. Doing this makes sure that a property management virtual assistant performs at their peak, so your real estate business can too.
From the moment you hire a property management virtual assistant, they are ready to work with your in-house property management team. That’s because the real estate training they receive equips them with practical knowledge and know-how. Understanding property management services, operations and systems mean that your virtual assistant can work seamlessly with your team from the get-go.
Hiring a virtual assistant that has not received property management training reduces your chances of success. Property management is extremely task-driven. Every task has its own objective, outcome, task flow and timeline. So, if you hire a virtual assistant that does not understand every task in your real estate business, they cannot deliver the results you need.
On the other hand, a virtual assistant who is trained in property management can competently and confidently assist your in-house property management team. They can help your real estate business increase productivity, reduce costs and boost your bottom line. After all, aren’t these the reasons why you want to hire a property management virtual assistant?
We provide offshore staffing solutions for the property management industry
Our offshore staffing solutions for the property management industry can help your business succeed. With so many downward pressures on property management fees and the increasing costs of running a real estate business, it can be hard to generate a profit. That’s why we created Purple Powered VA. Scaling your real estate business with our purpose-trained property management virtual assistants can help increase productivity, reduce costs and boost your bottom line. Outsource tasks to our virtual assistants today and have them completed at a fraction of the cost!
What tasks can a property management virtual assistant do?
A property management virtual assistant can do almost every administrative real estate task. These tasks are called ‘non-dollar productive tasks’.
Let’s look at it this way. If you have an in-house team member working on non-dollar productive tasks, you are instantly increasing overheads and limiting productivity. What’s more, it costs you up to four times more to have an in-house team member complete these tasks than if you had a property management virtual assistant do these same tasks at a fraction of the cost.
Take Tenancy Applications, for instance. Within this property management task, there are about 85% non-dollar productive tasks and the remaining 15% are called ‘dollar productive tasks’. So, how can a Purple Powered VA assist and save you time and money in the process?
When it comes to Tenancy Applications, your property management virtual assistant can fast-track the process by completing the administrative duties. From our offshore office, they can review the applications. They can contact each applicant’s referees, employers and previous managing agents. They can also verify each applicant’s earnings, utility payments and address history and confirm their rental amount, term and move-in date. Your virtual assistant can summarise these findings and give them to your in-house team member who can then provide appropriate recommendations to property owners.
This is how a Purple Powered VA could help with just one property management task! Think of all the other tasks in your real estate business and imagine the savings you could make by hiring a property management virtual assistant that is purple powered.
How much management will your property management virtual assistant need?
Like any employee, your property management virtual assistant will need to be managed. But the good news is, we are here to guide you through this process!
After hiring your Purple Powered VA, the first step is inducting them into your real estate business. Teach them about your company’s culture, brand, policies and service standards. Next, assign them tasks and be clear on your expectations. Finally, monitor their progress and make changes wherever necessary. With a routine in place, your property management virtual assistant will deliver results very quickly, and you will see incredible returns in your business.
Our commitment to providing you with ongoing support means that we also monitor your Purple Powered VA’s progress. If we notice any areas of concern, we provide your virtual assistant with one-on-one mentoring. They must also attend face-to-face workshops every three to four months to constantly advance their skills.
What’s more, we’ll take care of the employee management side, so you don’t need to worry about payroll, attendance and tax. Doing all this helps your Purple Powered VA be the best, so they can achieve the best results for your real estate business.
How much can my real estate business save by outsourcing?
How much you save by outsourcing depends entirely on the size of your real estate business. Here are some questions to consider.
How much does it cost to keep a team member on-site?
When you hire a Purple Powered VA, you get the whole package. The cost not only includes their salary, pension and health insurance but their desk, computer, internet and any other overheads that build up as costs to your business.
How much time do your property managers spend on admin every week?
Whatever that amount of time is, consider what it would mean for your real estate business if your property managers used that time to generate more leads, win more doors and lease more properties.
How many properties does each of your property managers handle?
Imagine how many more properties your property managers could handle if most of the admin tasks were done by a virtual assistant. From our experience, a property manager with a virtual assistant can go from 150 properties to 300 properties!
Your dedicated property management virtual assistant located in our offshore office
Hire our Purple Powered VAs located in our offshore Philippines office today. For a fraction of the wage, our dedicated property management virtual assistants can work 100% for your real estate business. Experience reduced costs and maximised performance with our offshore staffing solution.
- Virtual assistants equipped with elite property management training
- Streamline your operations and maximise overall performance
- Reduce costs and boost your bottom line
- Scale and develop a robust real estate business
Ready to hire your first property management virtual assitant?
By now, we hope you’re convinced about the value that a property management virtual assistant can provide to your real estate business. So, are you ready to take the next step? Hiring your first property management virtual assistant starts with selecting the right offshore staffing solution partner. At Purple Powered VA, we specialise in virtual assistants trained in property management services and operations. We understand the property management industry and only select the best talent to be Purple Powered VAs. To get started, choose Purple Powered VA and hire your property management virtual assistant in three easy steps:
You choose Purple Powered VAOnce you have decided to hire a Purple Powered VA, you will receive a service agreement to appoint us as your offshore staffing solution partner.
You interview and select your Purple Powered VAYou will be presented with suitable candidates that you will interview to see if they are right for your real estate business. Once you have selected your Purple Powered VA, we will offer them a position.
Your Purple Powered VA starts working for youOnce the Purple Powered VA has accepted, they will start working for your business and on a schedule that suits your time zone and hours of operation.