Virtual Assistants are in every field. They execute small tasks assigned by their investors and get paid by those investors because they handle their tasks. In Real Estate, Virtual Assistants also work under investors. These assistants have some expertise in one thing. They get hired by the investors to execute their tasks because they can’t manage everything alone. We’ve seen numerous investors having teams of Virtual Assistants completing their tasks.
This article will reveal the process of How Real Estate Virtual Assistants Make Money? We’ll also reveal the skills you must learn to get hired by investors. Let’s start this article without further ado because we have endless things to discuss.
The first thing you must keep in mind is to learn a particular skill. Investors hire you because of your skills. You aren’t hired because of your beauty. You’re only hired when you have expertise in a particular thing. Let me clear this up with an example. Suppose I am an expert Skip Tracer who Skip Traced numerous properties for Real Estate Investors and Wholesalers. Investors and Wholesalers will hire me to Skip Trace the properties for them. Skip Tracing is a skill in this entire process. The investors pick me if I am good at it. Being good at a particular skill is one thing.
How Virtual Assistants Make Money in Real Estate?
Let’s discuss the entire process. Making Money in Real Estate is easy if you are excellent at one thing. I’ve already explained this with an example. The first thing is the execution skill. Here is the entire process:
- Learn a Skill
- Offer Something Free To Gain Experience
- Post Your Skill on Freelance Platforms
- Complete The Given Tasks To Make Money
This is a 4 step formula you must follow to become a professional Virtual Assistant in the Real Estate industry. I’ll briefly explain these 4 points to help you understand the entire process.
Learn a Skill
If you don’t have any skills, then learn one. The skill must be related to the Real Estate industry because you want to become a Virtual Assistant in the Real Estate sector. If you don’t know which skill to learn, then here are they:
- Cold Calling
- Skip Tracing
- Software Management
- Data Collection
- Investment Management
These are the 5 best skills you must learn to get hired by an investor who invests his money in Real Estate. Cold Calling is not a single skill because numerous things are included. In Cold Calling, soft communication matters because Cold Callers convince homeowners to sell their properties. They also give proposals about their services in Real Estate. Let me clear this up with another example. Suppose I am hired by a wholesaler who wholesales properties. The wholesaler will give me a homeowner’s phone number for calling. I’ll communicate with that homeowner and convince him to sell his property below the market’s value.
Convincing the homeowner to sell his property below the market’s value is difficult, but your communication skill matters here. Here is your real communication skill test, but your expertise is in Cold Calling. You’ll learn multiple skills by learning a single skill. That’s the reason it is time taking. Learning a skill is important. The second skill I mentioned is Skip Tracing.
Skip Tracing seems easy, but it is a bit difficult. You can’t get the exact address of the homeowner with distressed properties. Some homeowners don’t want to sell that property, but you have Skip Traced. Your struggle gets wasted doing this, but you learn the market’s condition. So learning a skill is important. After you have learned one, you can outsource your skill to investors.
Lert Skip Tracing is a great example of this. It outsources its Skip Traced leads to investors and wholesalers. You can check that website and see how it is managing its work. Investors and Wholesalers directly contact Lert Skip Tracing to get leads of homeowners with distressed properties.
Offer Something Free To Gain Experience
This one is important, but Virtual Assistants don’t want to do this. Offering your skill for free gives you experience. I’ll also give another example to clarify my point. Suppose I am an expert Email Marketer who gets clients through email marketing. I’ll join any Facebook Group and announce the following:
“Hey, My Name is [Your Name], and I am an Expert Email Marketer who wants to help you for free.”. Posting this status will force the investors to work with you. Investors with a low budget will surely contact you to earn some free stuff. There, you’ll communicate with them, which will help you understand the communication process. You’ll learn how investors behave and what work they expect from us. This will give you some experience. You must complete that person’s project and get reviews because positive reviews will greatly help take the upcoming projects.
Post Your Skills on Freelance Platforms
Make a profile on Upwork or Fiverr and share your portfolio with them. You’ve worked with some investors before. Those free projects will be your portfolio. Share them on Fiverr or any other freelance platforms where you have made your profile. People looking for Cold Callers or Investment Managing Experts will be able to see your past projects. Those past projects will convince them to hire you. That’s when those free projects will be beneficial for you.
Complete The Given Tasks To Make Money
Now that you have earned a project through a freelance platform. Complete it because you have some execution experience. Professionally execute the assigned tasks to earn a good reputation and positive reviews. The client whose work you completed will drop positive reviews. This will grow your profile, and more clients will come to you.
These are the 4 steps you must follow to Make Money in Real Estate as a Virtual Assistant. Learning a skill and offering something for free is necessary to reach the 3rd and 4th steps. In 2023, numerous Virtual Assistants are offering free things to earn some clients. It would be best if you did that to make your portfolio. Clients are only impressed with your portfolio, not with your beauty. I am repeating that. So offer something free to earn more clients and make money.
Final Words
So that’s how Real Estate Virtual Assistants Make Money. Gaining expertise is necessary. I’ve only revealed the 5 skills, but the Real Estate industry has unlimited skills. Pick any of them and gain expertise in it. Later, offer something to the clients for free and earn positive reviews. Then make your profile on Freelance Platforms and earn money through your profile. If you have questions on this topic, comment in our website’s comments section.
