Business Development

The Ultimate Support System: How a Virtual Assistant Can Help Your Real Estate Business Thrive in a Tough Market

As a real estate professional, even in good times you have a lot on your plate to deal with. But in a tough market like now in 2023, it could be even more difficult. Especially at a time when interest rates are high, inventory is low and prices are high, thus leading to a freeze in the market. Deals are hard to close as clients are merely playing the wait and watch game. The bottom line is that the real estate industry is fiercely competitive right now with too many entrepreneurs chasing too few clients. So to weather this storm and survive in a competitive market one needs to play smart; continue to pursue opportunities aggressively while cutting down on unnecessary costs. Also while you become more efficient with the time you may spend on each opportunity it should nevertheless not translate into reduced service levels, either. It also means that you should be able to reach out to prospective clients via the most cost effective means (digitally) possible to ensure that you have better chances to succeed. That’s why having a virtual assistant can be the ultimate support system for your real estate business. Here are seven ways a virtual assistant can help you survive and thrive in the real estate industry. Streamline Administrative Tasks: A virtual assistant can help you manage your day-to-day administrative tasks, such as scheduling appointments, managing your email, and keeping track of your to-do list. This frees up time for you to focus on more important aspects of your business, like building relationships with clients and closing deals faster. Organize and Manage Leads: A virtual assistant can help you keep track of leads, including contact information, property preferences, and communication history. They can also help you reach out to leads, follow up on inquiries, and nurture relationships with potential clients. Persistence is much needed in a tough market. Research and Marketing: A virtual assistant can help you research properties and keep you up-to-date on market trends. They can also assist with marketing and advertising efforts, such as creating digital flyers and social media posts. Virtual Viewings: With more and more people working remotely and seeking virtual solutions, a virtual assistant can help you conduct virtual viewings. They can help set up and facilitate virtual tours, answer questions, and provide clients with additional information as per your needs. Transaction Coordination: A virtual assistant can help you keep track of transactions, from contract to closing. They can help you manage deadlines, communicate with all parties involved, and ensure that everything runs smoothly. Customer Service: A virtual assistant can also serve as a point of contact for your clients, answering questions, providing information, and ensuring that your clients are happy and satisfied. Data Management: A virtual assistant can help you manage and organize your data, including property listings, client information, and transaction records. They can also help you analyze data and create reports to help you make informed decisions. And the biggest differentiator in a tough economy can be cost. A Virtual Assistant from a leading global Virtual Assistance Service like GetFriday is definitely more affordable than a regular employee on hire. Plus it comes with the benefit of flexibility to hire for as many hours (Monthly Plans) as you would require or even go on a Pay-As-You-Go mode. Plus you can upgrade or downgrade your plans as per your needs. In conclusion, a virtual assistant for business support can be a valuable asset for any real estate professional. By streamlining administrative tasks, organizing and managing leads, assisting with marketing and research, facilitating virtual viewings, coordinating transactions, providing customer service, and managing data, a virtual assistant can help your real estate business thrive. So, if you’re looking for an ultimate support system to thrive in a tough economy, then consider hiring a business virtual assistant today.

The Ultimate Support System: How a Virtual Assistant Can Help Your Real Estate Business Thrive in a Tough Market Read More »

As a real estate professional, even in good times you have a lot on your plate to deal with. But in a tough market like now in 2023, it could be even more difficult. Especially at a time when interest rates are high, inventory is low and prices are high, thus leading to a freeze in the market. Deals are hard to close as clients are merely playing the wait and watch game. The bottom line is that the real estate industry is fiercely competitive right now with too many entrepreneurs chasing too few clients. So to weather this storm and survive in a competitive market one needs to play smart; continue to pursue opportunities aggressively while cutting down on unnecessary costs. Also while you become more efficient with the time you may spend on each opportunity it should nevertheless not translate into reduced service levels, either. It also means that you should be able to reach out to prospective clients via the most cost effective means (digitally) possible to ensure that you have better chances to succeed. That’s why having a virtual assistant can be the ultimate support system for your real estate business. Here are seven ways a virtual assistant can help you survive and thrive in the real estate industry. Streamline Administrative Tasks: A virtual assistant can help you manage your day-to-day administrative tasks, such as scheduling appointments, managing your email, and keeping track of your to-do list. This frees up time for you to focus on more important aspects of your business, like building relationships with clients and closing deals faster. Organize and Manage Leads: A virtual assistant can help you keep track of leads, including contact information, property preferences, and communication history. They can also help you reach out to leads, follow up on inquiries, and nurture relationships with potential clients. Persistence is much needed in a tough market. Research and Marketing: A virtual assistant can help you research properties and keep you up-to-date on market trends. They can also assist with marketing and advertising efforts, such as creating digital flyers and social media posts. Virtual Viewings: With more and more people working remotely and seeking virtual solutions, a virtual assistant can help you conduct virtual viewings. They can help set up and facilitate virtual tours, answer questions, and provide clients with additional information as per your needs. Transaction Coordination: A virtual assistant can help you keep track of transactions, from contract to closing. They can help you manage deadlines, communicate with all parties involved, and ensure that everything runs smoothly. Customer Service: A virtual assistant can also serve as a point of contact for your clients, answering questions, providing information, and ensuring that your clients are happy and satisfied. Data Management: A virtual assistant can help you manage and organize your data, including property listings, client information, and transaction records. They can also help you analyze data and create reports to help you make informed decisions. And the biggest differentiator in a tough economy can be cost. A Virtual Assistant from a leading global Virtual Assistance Service like GetFriday is definitely more affordable than a regular employee on hire. Plus it comes with the benefit of flexibility to hire for as many hours (Monthly Plans) as you would require or even go on a Pay-As-You-Go mode. Plus you can upgrade or downgrade your plans as per your needs. In conclusion, a virtual assistant for business support can be a valuable asset for any real estate professional. By streamlining administrative tasks, organizing and managing leads, assisting with marketing and research, facilitating virtual viewings, coordinating transactions, providing customer service, and managing data, a virtual assistant can help your real estate business thrive. So, if you’re looking for an ultimate support system to thrive in a tough economy, then consider hiring a business virtual assistant today.

Steps For Effective Lead Generation For Business Development

At GetFriday, one in five inquiries is about lead generation. Entrepreneurs and business owners are always seeking ways to generate leads. It could be perplexing to go through this phase of marketing operations. Though this sounds like the simplest of things in a business, this could in fact, be tricky to handle. A constant doubt lingers about the success of efforts and money being spent on lead generation activities. Click on the image below to see this blog in SlideShare presentation format. GetFriday has been assisting businesses for over 10 years now and we have seen our fair share of lead generation tasks that we have done for our clients – mostly small business owners. From our experiences with lead generation, here we list a few facts – Define Your Target Customers To begin with, you may ask is this not common sense? How is it even possible to generate a list without defining your target customers? Well yes, it is true most business owners define their target customers at the outset, but there are some who don’t. For instance, the common mistakes that could take place are – you may have asked for business development manager but instead, received an application from a marketing manager. The list may not distinguish the difference. Or instead of listing all dental surgeons in your area, you may have listed all the general surgeons in your area. Defining the target customer while generating leads must include a clear point-wise description of leads required and a list of points that state “don’ts”. A list with email address generic to firms eg: info@useless.com will not serve any purpose for you. Ensure you give clear instructions to search for alternate contact points. A good and clear definition of leads would look something like this – 1. Law firms within radius of 100 km of Greenville 2. Law firms must have employee strength of 10 – 15 people. 3. 1st preferred contact point is senior attorney. 4. 2nd preferred contact is junior attorney. 5. 3rd preferred contact is procurement officer. It Is A Hard-Work To Collect These Lists – Gather The Right Tools GetFriday has been in this business for 10 years now. And we can vouch that lead generation is hard work. But there are smart ways to handle this. There are ways through which, one can verify email addresses collected and tools that can help verify zip code authenticity. Databases could also be carefully mined for lists and tools like MS Excel can be employed to predict and source the most probable email ids. In case you delve into this without experience, you will surely learn it over time. But the cost of expensive time spent on this activity will not be worthwhile for your business. Instead, you would be doing a better job designing the marketing campaign details and fixing the operations for new customers that could be acquired through these lists. Is It Possible To Buy Your Way Through? Yes, you could buy your way through. If your business is a B2B, then you are lucky. The list may after all work. But if your list is B2C then you could end up annoying a lot of unknown people. All it does is exasperate people for having received one more mail from you, trying to sell something. If you are a business owner, you might relate to the analogy we have used here. How do you feel when you receive another mail about “best SEO service” or to source your products from some rural province in China? You would probably hire a virtual assistant right away to delete those e-mails even before you see them. Some GetFriday clients actually hire us for this! To delete those annoying, spam mails. So, why would the recipients of your mailing list feel any different? It fits Albert Einstein’s definition for insanity “doing the same thing again and again expecting a different result”. Generate A Long List It is mandatory that you generate a long list. The longer the prospect client’s list, the better the chances of success. Let us explain. Email campaigns and social media campaigns are about reaching your target audience at the right moment with the right offer. You can get your product offering right, but cannot predict the right moment. For example how do you predict the need for “buying shoes” or “buying handbags”? It is true there are seasonal increases in the sales of products. An example would be table ware sales before thanksgiving as people prepare to entertain family and friends. But the right moment cannot be predicted for most products and services. A larger leads/email list could increase chances of success by increasing the probability of reaching the right people at the right moment. Hire Virtual Assistants To Do The Work If you are a business owner or entrepreneur attempting to research and generate leads, the cost of lost time will be much higher for you. It is better to hire professionals to do this work. In case you still feel you must do it yourself, spend at least 10 minutes listening to this podcast “9 habits to stop now”, by Tim Ferris –http://fourhourworkweek.com/2014/06/16/not-to-do-lists-drugs-and-other-productivity-tricks/ .

Steps For Effective Lead Generation For Business Development Read More »

At GetFriday, one in five inquiries is about lead generation. Entrepreneurs and business owners are always seeking ways to generate leads. It could be perplexing to go through this phase of marketing operations. Though this sounds like the simplest of things in a business, this could in fact, be tricky to handle. A constant doubt lingers about the success of efforts and money being spent on lead generation activities. Click on the image below to see this blog in SlideShare presentation format. GetFriday has been assisting businesses for over 10 years now and we have seen our fair share of lead generation tasks that we have done for our clients – mostly small business owners. From our experiences with lead generation, here we list a few facts – Define Your Target Customers To begin with, you may ask is this not common sense? How is it even possible to generate a list without defining your target customers? Well yes, it is true most business owners define their target customers at the outset, but there are some who don’t. For instance, the common mistakes that could take place are – you may have asked for business development manager but instead, received an application from a marketing manager. The list may not distinguish the difference. Or instead of listing all dental surgeons in your area, you may have listed all the general surgeons in your area. Defining the target customer while generating leads must include a clear point-wise description of leads required and a list of points that state “don’ts”. A list with email address generic to firms eg: info@useless.com will not serve any purpose for you. Ensure you give clear instructions to search for alternate contact points. A good and clear definition of leads would look something like this – 1. Law firms within radius of 100 km of Greenville 2. Law firms must have employee strength of 10 – 15 people. 3. 1st preferred contact point is senior attorney. 4. 2nd preferred contact is junior attorney. 5. 3rd preferred contact is procurement officer. It Is A Hard-Work To Collect These Lists – Gather The Right Tools GetFriday has been in this business for 10 years now. And we can vouch that lead generation is hard work. But there are smart ways to handle this. There are ways through which, one can verify email addresses collected and tools that can help verify zip code authenticity. Databases could also be carefully mined for lists and tools like MS Excel can be employed to predict and source the most probable email ids. In case you delve into this without experience, you will surely learn it over time. But the cost of expensive time spent on this activity will not be worthwhile for your business. Instead, you would be doing a better job designing the marketing campaign details and fixing the operations for new customers that could be acquired through these lists. Is It Possible To Buy Your Way Through? Yes, you could buy your way through. If your business is a B2B, then you are lucky. The list may after all work. But if your list is B2C then you could end up annoying a lot of unknown people. All it does is exasperate people for having received one more mail from you, trying to sell something. If you are a business owner, you might relate to the analogy we have used here. How do you feel when you receive another mail about “best SEO service” or to source your products from some rural province in China? You would probably hire a virtual assistant right away to delete those e-mails even before you see them. Some GetFriday clients actually hire us for this! To delete those annoying, spam mails. So, why would the recipients of your mailing list feel any different? It fits Albert Einstein’s definition for insanity “doing the same thing again and again expecting a different result”. Generate A Long List It is mandatory that you generate a long list. The longer the prospect client’s list, the better the chances of success. Let us explain. Email campaigns and social media campaigns are about reaching your target audience at the right moment with the right offer. You can get your product offering right, but cannot predict the right moment. For example how do you predict the need for “buying shoes” or “buying handbags”? It is true there are seasonal increases in the sales of products. An example would be table ware sales before thanksgiving as people prepare to entertain family and friends. But the right moment cannot be predicted for most products and services. A larger leads/email list could increase chances of success by increasing the probability of reaching the right people at the right moment. Hire Virtual Assistants To Do The Work If you are a business owner or entrepreneur attempting to research and generate leads, the cost of lost time will be much higher for you. It is better to hire professionals to do this work. In case you still feel you must do it yourself, spend at least 10 minutes listening to this podcast “9 habits to stop now”, by Tim Ferris –http://fourhourworkweek.com/2014/06/16/not-to-do-lists-drugs-and-other-productivity-tricks/ .

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