Getting properties sold is important if you’re a real estate agent. Of course, it can also be important if you’re a landlord or investor, and you decide it’s time to get out of the business and do something else. Maybe you want to invest your money into a different asset, or perhaps you’re planning on moving away and don’t want to be a long-distance landlord. There are all kinds of reasons why selling your properties could be right for your needs. A property management virtual assistant may be able to help.
What is a Property Management Virtual Assistant?
A property management virtual assistant is an assistant who is specifically trained in the property management space. That makes it easier for the assistant to take on any duties they’re asked to complete because they already have important knowledge and training. While it’s certainly possible to train any assistant to handle property management, one that already knows the industry can get started right away, with minimal support. Working virtually means they can work from anywhere, for ease and convenience.
There are a lot of things a property management virtual assistant can do, including handling maintenance requests from tenants, making sure lease agreements get signed, and other administrative tasks. The assistant can also help keep good records of the properties, so you’ll have all the details and information you need when you decide to sell them. If another investor is buying them for rental income, for example, they’ll want to know about gaps in rental history, along with what kind of maintenance is needed.
What Do You Need to Know, to Get Your Properties Sold?
To get your properties sold, you’ll want to know what the current market is doing, and whether there are issues with the properties that need to be taken care of to maximize their value. Your property management virtual assistant can help with this, because they will be the one dealing with the maintenance requests from tenants and information on work performed from anyone hired to fix problems or update the properties. That information is going to matter when you try to sell, so you want to be sure it’s complete.
If you have a good property management virtual assistant, your properties will be well-managed while you have them. As you get ready to list and sell them, you’ll be able to work with your assistant to get all the information a potential buyer is going to want. Not only can that help you with peace of mind, but it can also give you the opportunity to discuss important value-added updates and other selling points that could sway a buyer or help you command a higher asking price in the market.
How Can You Maximize Your Return on Investment?
There are plenty of ways to maximize the return on investment of any properties you want to sell. If you’ve held onto them for a long time, especially if you don’t owe anything on them, you’ll generally come out ahead when selling. But even short-term investments in property or the sale of an investment property with a mortgage on it, can be beneficial and give you a good return. By working with your property management virtual assistant, you can look for anything that needs to be repaired or updated before listing.
What is the Best Way to Find the Right Assistant for Your Needs?
Finding the right assistant is a big part of hiring anyone for property management, or to help get your properties sold. Especially if you have a lot of properties, or you live far away from your investments, you want to be sure you’re hiring an assistant you can trust. You need good management, and you also need to know that any issues with the properties are being addressed, so you can keep them in good shape. Maintenance requests and rental payments, in particular, absolutely have to be handled quickly and efficiently.
When you set out to choose a property management virtual assistant, ask the assistant plenty of questions. You want to know about their experience, and what they can offer to you if you hire them, so you can correctly manage your properties and also get them sold.
Stephen Atcheler is an entrepreneur in the Real Estate space. He has grown multiple businesses including a Real Estate Agency, an online Real Estate Adverting business, and now, currently the founder and driver of the fastest growing Real Estate BPO in the Philippines. If you would like to connect or get in touch with Stephen, he is very active on LinkedIn and always happy for a new connection.