Are you constantly stressed out because of all the repetitive, boring, and never-ending work in your real estate business? Tired of doing everything by yourself?
A virtual property manager can help you with that!
Becoming an all-rounder is good but not great, especially when you are a real estate business owner doing short-term property rental. Not leveraging your time and energy as a business owner is not a wise move. You might think that you are saving in terms of payroll, but not hiring a virtual professional takes away your opportunity to earn more.
What is a virtual property manager?
A virtual property manager, also known as a remote property manager, is someone who is remotely responsible for taking care of the day-to-day operations of a rental property business. The responsibilities of a virtual property manager include the following:
- Interacting with tenants online and by phone
- Handling lease renewals
- Communicating with property owners
- Handling details when the tenant vacates
- Contacting housekeepers
- Online Shopping and Ordering
- Scheduling repairs and maintenance
- Designing advertisements and websites
- Listing properties online
- Basic bookkeeping including handling receipts
A huge part of being a Property Manager Virtual Professional (VP) requires a strong sense of attention to detail, a good amount of creativity, an analytical mind, and versatility. Workergenix is a team of experienced and skillful Virtual Professionals specializing in lead generation, Social Media Marketing (SMM), Email Marketing, Content Writing, Video Editing, and Bookkeeping using Quickbooks. In fact, these VPs are also educated professionals in their own fields of study.
What is the best quality of a virtual property manager?
Since the job requires conversing and negotiating with tenants as well as service and maintenance people on a regular basis, making sure that the maintenance schedule is updated along with the legal requirements required, a virtual property manager should be excellent in these areas:
- Interpersonal skills
- Time and task management
- Property Maintenance
Why should you hire one?
We get it. Any business owner wants to cut overhead expenses as much as possible. Who does not want to?
It would be great to maximize your finances by doing the work all by yourself. Yes, you have saved a lot of payroll expenses. You are a good business owner, but good is not wise!
While doing all the savings, you are actually missing out on a lot of things: energy, money, and time.
What’s in it for the business?
Being a business owner does not mean sipping cold pineapple juice along the summer beaches in the Maldives while wearing your Ray-Ban sunglasses. Contrary to what the public believes, you don’t actually own your time. Your business enslaves you most of the time!
Nobody made it big in business by being a Swiss knife – that is, a one-man show. You need a team of people who will run both technical and non-technical errands on your behalf. Here are some of the advantages of hiring a virtual property manager.
- Leveraging your time
- Leveraging your money
- Leveraging your energy
Consider this. You are a 14-year-old lad with a lemonade business. Your estimated gross income for one lemonade stand is $100, given that you are the one doing the selling. Capital costs you $10.
You plan to branch out to two other potential locations. Obviously, you only have one body. So you decide to hire two workers to man both lemonade branches, one for each. Hiring each worker costs $7.
Your total overhead expense costs you $44. Your revenue is $300. That gives you a total net income of $256.
By leveraging your time, money, and energy, you gained $166 on your original $90 net income. Not bad.
How can we help you?
Hiring a virtual property manager from a legit agency like Workergenix will go a long way toward helping you succeed in your real estate business. Workergenix’s goal is to deliver quality service by providing you with skilled virtual professionals best suited for your business.
At Workergenix, we make sure to help you free your time and grow your business!
For service inquiries, click here.