What is wholesaler in real estate

Table ofContents

Where to FindReal Estate Virtual Assistants for Hire Freelance Websites

Hire aPre-TrainedReal Estate Virtual Assistant

How to Hire aReal Estate Virtual Assistant:

Pre-Screening RealEstate Virtual Assistant Applicants

Have you been thinkingthat you needto hirearealestatevirtualassistant foryourreal estate company? Your primary jobas areal estate wholesaler is to make oers to sellers,get contracts signed,andassign your best deals to another investor for aprofit There are many other steps that are neededto make this all happen - from generatingleads all the way to the actual closingitself There will come atime in your career as areal estate wholesaler where you'll want (andneed) to hire avirtual assistant to do all of the administrative tasks that are requiredof areal estate transaction

WheretoFindRealEstateVirtualAssistantsfor Hire

When you ' ve made adecision to hirearealestatevirtualassistant foryoubusiness,there are alot of options that you can take In today's world,we're avery "gig" basedsociety This means that you can find people to do random tasks or jobs for you on any given day You compensate them for the work andmove on

Addingavirtual assistant to your team is typically abigger commitment that just aone time gigalthough you can certainly hire aVAto helpyou with asmall project Most business owners consider the hiringa virtual assistant to be similar to hiringanew employee,without much of the hassle

FreelanceWebsites

There are numerous freelance websites where you can hire your own real estate virtual assistant A freelancer is aperson who is able to work for numerous people at once,either by the hour or project based work The process of hiringsomeone usingafreelance website consists of postingthe jobdescription Candidates will apply for the job You'll interview the candidates andhire the one that suits your needs

AdvantagesandDisadvantagesofusingaFreelanceWebsite

Advantages Disadvantages

Multiple Candidates to Choose From Not Familiar with Specific Business Models

$ Low Hourly Rates $ VACan Quit with aMoment's Notice

Easy to Hire/Fire Dicult to Problem Solve in aNew Relationship

Start Immediately CouldTake Multiple VA's to findthe right one

HireaPre-TrainedRealEstateVirtualAssistant

Property MOB is one of the only companies to oer pre-trainedvirtual assistants to real estate investors Each person has been through the interview process anddeemedto be reliable andvaluable as ateam member They've also accomplishedover 70hours of business specific training The Virtual Assistant Training Academy provides them with all of the jargon andprocess of workingwith areal estate wholesaler

AdvantagesandDisadvantagesofHiringaPropertyM.O.B.VirtualAssistant

Advantages

VA's already trained

Team Leader Providedto HelpMaintain Relationship

Best VAmatchedwith your business model

Many of our VA's have years of experience workingwith real estate investors

Easy replacement shouldyou needadierent VA

Disadvantages

Higher Rates than Hiring Yourself

Minimum 10Hours Week Required

HowtoHireaRealEstateVirtualAssistant:

If you want to hire andtrain your own virtual assistant,you'll needto write ajobdescription This will be postedon the freelancer website that you choose

As an example,here's some text that you can use in your posting:

3commentson“HowtoHireARealEstateVirtualAssistantforYourBusiness”

Busy real estate investor/entrepreneur is seeking apersonal assistant to helpwith daily administrative tasks Training is providedfor the right person PreferredSkills: some knowledge in real estate,Word, Excel,WordPress,Telephone Skills,Ability to speak andcommunicate in fluent English,organizational skills, andSKYPE (for instant communications throughout the day)

LovinaRobinsonsays:

You can make your life real simple andHIRE APROPERTY MOB VIRTUAL ASSISTANT

Pre-ScreeningRealEstateVirtualAssistantApplicants

Immediately after postingthe ad,you'll start to get replies from candidates Most of them haven't even readthe jobdescription andhave no experience whatsoever Be careful about spendingtime on candidates that are blastingout applications on jobs of which they don't qualify

Badass content !! Great article about hiringaVA��Thank you

It will take about 3 -4days for you to get the majority of the real estate virtual assistant applicants for this job As you readthe application from each candidate,review their feedback scores andcomments from other employers Check their credentials Choose your favorite ones andschedule an interview

When interviewingyour VA,ask them the same questions you wouldask an in-person applicant Ask about experience,knowledge,andeven have them do some live tasks usingscreen share

SampleTasktoHaveYourVirtualAssistantPerform

Haleysays:

Hi! I am interestedin hiringyou for my Real Estate Virtual Assistant Position (Real Estate) I would like for you to perform the followingtask: Visit my website;propertymobcom Readthrough the information that is on the website Then recordavideo that is at least 2minutes long,describing what we do,as if you were talkingto aseller of real estate Tell me how longwe have been in business,what kindof houses we buy,why it is better to sell your house to us than to use a Realtor,andwhat they needto do if they want to sell their house Fast Then,sendme the link to the video to: Please complete this interview requirement by : April 1,2021 at 10:00am EST Thank You

I didn't know there was such athing But this is great

HowMuchShouldYouPayAVirtualAssistant?

to let go of these things andlet someone else do them!!

Monitors MLSandsubmits Letters of Intent on aDaily Basis

Keeps track of Letters of Intent viaMLSOer TrackingSpreadsheet

Handles Letters to Probate Attorneys

Sets andConfirms Appointments with Sellers andBuyers

Tracks MarketingCampaigns

Orders Yellow Letter MarketingCampaigns

ImagineYourselfOutsourcingAllOfTheseTasks

Prepares andorganizes closings

Confirms Daily Appointments

Sends SMStext Message Blast to SMSSubscribers

Adds New Subscribers (Buyers)

Processes front EndContracts

Orders Title Work

Adds Properties to Website

Adds Properties to the MLS

Updates CRM

Runs Craigslist Ads

Coordinates Closingwith Buyer andSeller

Requests HUD prior to Closing

Updates the MLSwith Pending/SoldStatus

Communicates with Buyer RegardingClosing

Files all paperwork in Dropbox andkeeps files organized

RAMPUPYOURREALESTATEINVESTMENT BUSINESSWITHTHEMOSTPOLISHEDSOFTWARE

RealEstateWholesalingCRM MotivatedSellerLeadsForOutbound MarketingRealEstateMarketingAutomationUsing5 MarketingChannels RealEstateWholesalingWebsitesForInboundMarketingHouseFlipping Analysis& DealMarketingSoftwareDirectMailMarketingSMSRing-less Voicemail(RVM)EmailColdCalls

ShouldILetmyVANegotiatewithSellersandBuyers?

If your at apoint in your business where you ' re automatingsome or all of your administrative tasks then you’re probably debatingwhether or not to have your virtual assistant negotiate deals with sellers

This is atricky one Negotiatingis askill that not everyone is equippedwith In fact,most of the best negotiators that I know have extensive training There's actually amethodto the process of negotiating with people that needs to be learned

MakersofBadAssRealEstateInvestors

Andthe business of real estate,Especially real estate wholesaling,all of the money is made while you ' re negotiatingwith the seller Beingable to identify the keywords that indicate motivation andtrigger U2 make stronger oers to your sellers takes practice When you understandthat your money is made with the seller andrealizedwith your buyer,alot of better appreciation for the skill requiredto negotiate killer deals

Virtual assistants are an excellent addition to any real estate Business They're perfect for time management,task management,closingcoordination's,marketingoperations,andoutsourcinganything administrative (things that can be done from acomputer) When it comes to talkingto sellers in negotiating

administrative (things that can be done from acomputer) When it comes to talkingto sellers in negotiating deals,I think that is best left in the hands of the investor

YourVANeedstoUnderstandYourBusinessModel

Certain scenarios,of course,that wouldoverride my opinion The virtual assistant wouldneedto have afull understandingof your business andthe goal of every phone call That wouldeven needto understandhow much you wouldneedto buy ahouse for an order to make aprofit at closing My opinion,it takes years of practice dozens if not hundreds of transactions to consider yourself amaster negotiator It's hardfor me to contemplate puttingthat responsibility in the hands of avirtual assistant andexpectingapositive result

Trainingavirtual assistant to negotiate with sellers isn't an impossible task but certainly,one that would have some challenges Most virtual assistants that real estate investors use today are overseas (most of the time the Philippines) They're sometimes challengedwith an accent That doesn't aect the performance on an administrative level,but it certainly couldhinder the negotiation process

7ThingsYouShouldKnowAboutHiringaVirtualAssistant

Hiringavirtual assistant is amonumental time in every real estate investor’s life It means that you ' ve gotten to the level that requires the assistance of someone else Someone who can helpyou with all of your administrative tasks,helpautomate your direct mail campaigns,market your properties,andhelpwith closingcoordination

I hiredmy first real estate virtual assistant 5 years ago,andhe is still on my team I hiredhim to take care of my Probate campaign,andmake sure that I hadall of the datathat I neededevery month andalso to make sure that the letters went out Five years later,he is still on my team He still does the same task I consider him an asset

In fact,I’ve seen many investors have badluck choosingthe right person to work in their team VirtualAssistantsarenormalpeople.

They aren’t superhuman They aren’t robots They have lives just like we do They celebrate their own holidays just like we do They needtime to adjust to your way of doingthings Remember that they’re only human,andexpect them to make some mistakes in the beginning Be patient andcommunicate with your virtual assistant,andyou’ll buildarelationshipthat will last alongtime

LearningtheRealEstateBusinessisn’tsimple.

Try to remember how it was for you once you got startedin the business Was it overwhelming? Yes,it was Now imagine tryingto jumpright in the middle of things,andbe expectedto handle administrative tasks andget things done without havingany knowledge When you hire avirtual assistant,provide them with some information on the type of business that you’re in,what your business model is,andwhat type of work he/she will be doing

A$5.00(USD)hourlywageisgoodincomeinthePhilippines

When you hire avirtual assistant in the Philippines,don’t feel badfor payingyour Philippine Virtual Assistant $400-$700per hour The cost of livingis much dierent there,and$500(USD) goes alongway If you’re planningon hiringaUS assistant,then you can expect to pay $15 -$20for decent help

YourRealEstateVirtualAssistantcandoanythingthatcanbedonefromacomputer

They can also do the tasks as well as you can,given enough time andtraining

Whenyouhireavirtualassistant,youMUSTbepatientandwillingtotrainyournewreal estatevirtualassistant

Addingavirtual assistant to your team is one of the best decisions you’ll ever make Understandthat you’ll have to be patient andunderstandingwhile your new VA is learningthe ropes As with any new employee, they needguidance from you Don’t be the dickheadthat fires them over one or two mistakes Instead, review your instructions andmake sure that they’re written with clear andexact information Most of the time,the problem isn't them at all It’s you

Allofyourtrainingmaterialshouldbeinwrittenandvideoformat

This rule applies whether you hire avirtual assistant to handle one task for you,or to manage all of your admin tasks They needwritten andvideo format instructions andtutorials This is the BEST practice for anyone consideringthis When you’re preparingthe instructions,don’t have the “curse of knowledge” Write each stepof the process in full detailedinstructions,so that your virtual assistant has areference point

stepo t e pocess u deta ed st ucto s,so t at you tua asssta t as a e e e ce po t He/she will needsomethingto refer to if they’re brandnew Also,if you have to replace your virtual assistant in the future,you’ll already have the traininginstructions available Think of it as an employee training manual Invest your time in creatingthis manual andthank me later

Showappreciationtoyourvirtualassistant

If they’re doingagoodjobfor you,give them abonus If you close areal estate transaction andmake a profit,give them abonus Or give them abonus just for puttingupwith you $50-$100is agoodsized bonus andit makes them feel like they’re appreciatedandavaluable part of your team

I hope you findthese tips helpful when the time comes to hire areal estate virtual assistant I don’t know what I’ddo without mine Maybe crumble to the ground,I don’t know I’dcertainly go alittle crazy,drink a little too much,cry afew times duringthe day,andwish that I didn’t have to do everythingthat areal estate investor has to do to be successful

CutThroughTheChaseandHireaVirtualAssistantfromPropertyM.O.B.!

Maybe apre-trainedReal Estate Virtual Assistant for Wholesaler is what you ' re lookingfor! Property MOB has exactly what you need Trainedby us specifically for real estate investors with aordable hourly rates, you can't go wrongwhen you hire one of our real estate virtual assistants

RealEstateVirtualAssistants Addto