What Is The Outlook on The Australian Property Market?

A 2022 Australia property market report has shown that house prices have slowed in recent months. The report points out that the housing price growth will likely fall a little by the end of the year. This develops as the Reserve Bank of Australia (RBA) begins a rapid tightening cycle to raise the cash rate after underlying inflation is higher than the expected result in Q1.

Further, the major Australian banks have issued their latest property predictions, which all point to a decline either by the end of 2022 or early 2023.

Based on the current trends and the RBA’s policy shift in response to the inflation reports, investors are concerned about the Australian property market outlook for 2022 and beyond.

So, will Australia’s property prices fall in 2022? This post highlights what may happen to the Australian property market. Let’s dive in!

1. Rise In Interest Rates May Slow Property Price Growth

Economists at the National Australia Bank expect the cash rate to rise to 1.35% by the end of 2022 and hit 2.6% in 2024. As a result, mortgage rates will increase, and the house price growth prices will reduce by 15% over the two years.

A steep decrease in prices may quickly take mortgage rates back to levels not seen since 2013. Ideally, a one percentage point increase in mortgage rates will drive up total repayments by around 12%.

Besides, the borrowing capacity will decrease, causing a significant effect on Australian housing prices.

2. Property Demand Will Continue To Be Strong Despite the Property Prices

Despite the rising inflation rates, the housing market will continue experiencing an increase. The growing property demand is driven by the national auction clearance rates, which slipped below 70%, creating a more balanced property market. In addition, the fear of missing out has been common in the Australian housing market.

Besides, inflation will slow property price growth, and buyers will become more selective, while more buyers will be in the market. The A-grade homes and investment-grade properties will experience an increased demand, which may underpin the values of these property types in the future.

The current property demand is also driven by population growth and many tenants who want to move from small dingy apartments and take the opportunity to upgrade.

More than that, low-income earners were the worst hit by the COVID-19 pandemic. Middle and high-income earners are likely to recover their income, with a good percentage opting to buy houses.

3. Expect a Two-Tier Property Market

Not all locations will experience demand for houses. Affordability issues will affect Sydney and Melbourne property market, while smaller capital cities will likely perform strongly. Growth will be fragmented within the capital cities, with properties located in the inner and middle-ring suburbs outperforming cheaper properties in the outer suburbs.

Besides, the country has emerged from the COVID-19 pandemic, and there is demand for quality properties with increased emphasis on livability. As priorities change, first-time homebuyers will be willing to pay for properties. Those who can afford them will pay a premium to work, live and play within the high-end neighbourhoods.

4. Rental House Prices Will Increase Significantly

The demand for rental properties across the Australian market will increase at historically high levels in 2023. According to Realestate.com.au, the first three months of 2022 saw a severe housing shortage.

Anyone looking for a rental property in Melbourne and Sydney understands how tough it can be to find a good home. The increased rental demand is seen in Melbourne and Sydney, with the two cities reporting surges of up to 59.6% and 52.2%, respectively.

The persistent low volume of rental properties creates challenges for would-be renters, highlighted by rental demand per listing basis. The increased demand is causing upward pressure on price growth. Vacancy rates below 1% are already the norm. Consequently, rents are rising strongly in cities and regional centres.

5. Australia’s Housing Boom May Deflate As Mortgage Rates Rise

We have seen that the Australian property market will likely grind almost to a halt this year. Besides, experts project an 8% decline in 2023 as the cost of living crisis worsens and the mortgage rates increase.

Given these trends, the crash risk is something we cannot ignore. Ideally, the rise in borrowing costs will dent housing activity sharply. The solid supply and affordability constraints may also be headwinds for the house prices, causing a decline in demand for housing.

The affordability pressures caused by the further tightening of lending standards by the RBA will continue to put the squeeze on buyers.

Conclusion

With the interest rate increase, the expectation is that things will slow down considerably in 2022. The Australian property market outlook reports indicate housing price growth will slow significantly. Despite the expected tighter lending standards, properties targetting the typical first-home buyer will benefit the most, with the spike in demand expected in more affordable neighbourhoods.

Need help running your real estate agency? Get virtual assistants who are specifically trained for the real estate industry by real estate agents. Learn more or contact us at Real Estate Virtual Assistant.

Virtual bookkeeping assistants are becoming a go-to resource for small business owners as a cost-effective way of managing their financial affairs. Keeping track of all your financial incomings and outgoings can eat away at your valuable time, but the biggest headache comes when you fail to keep up with your bookkeeping. Hiring a virtual assistant …

As a small business owner, you can be overwhelmed by the number of time-consuming daily tasks you have to manage, which leaves you with less time to concentrate on prioritising essential clients and closing deals. Hiring a dedicated assistant ensures all those laborious tasks get done without employing a full-time salaried staff member. Most virtual …

As a business owner, your company website is critical to present your organisation to the customers. An excellent website is essential to attract and maintain repeat customers to your business. Therefore, a business website that is always up to date is vitally important to any small business that wishes to stay ahead of the competition …

Hiring a commercial real estate virtual assistant continues to be an excellent cost-effective way of saving money for your business. If there was one positive from the worldwide pandemic, businesses realised that remote working could be effective if implemented correctly. Hiring a real estate virtual assistant can save money on office space, equipment, and in-house …

Virtual assistants were once the best-kept money-saving asset companies liked to keep secret; such was their invaluable contribution. However, market research virtual assistants are now commonplace in most businesses. Business owners hire remote workers to focus on digital market research by using email and social media to connect with their target audience. Small businesses on …

Social media plays a vital role for businesses globally as it allows them to use each platform as a vehicle to get their brand recognized and help grow their company’s profile. LinkedIn is now known globally as a database website for professional business people. The site, which has 830 million users worldwide, helps people promote …

They say tax shouldn’t be taxing, but it can be very taxing if you don’t keep up to date with all your bookkeeping tasks. When you run a small business, you are reluctant to spend money outsourcing tasks when you think you can handle them yourself. However, when it comes to bookkeeping and financial data, …

Virtual Assistant For Facebook Media Management Facebook remains one of the leading social media platforms where all types of businesses can reach a larger audience and communicate with clients. But staying on top of your Facebook page requires a lot of time and planning. Hiring a virtual assistant to look after all your company’s …

Virtual Assistant For Digital Marketing As a business owner, you need to be on top of every aspect of your company, and digital marketing is becoming increasingly important in the modern world. However, to fulfil your company’s potential, you need to have the right people in all the right areas of your business. …

Virtual Assistant For Content Creation How a business presents itself online goes a long way to determining its short and long-term success. If your company’s content on its website or social media platforms is of poor quality, it won’t make a good first impression on potential customers. Conversely, if the content is engaging …

Virtual Assistant For Email Marketing Most organisations rely on email marketing campaigns to help them attract additional revenue to their business. Technology allows companies to build their brand through successful email marketing campaigns and reach out to prospective clients. There are several ways businesses can use email communication, and many see the value …

Virtual Assistant For Email Management While email has remained one of the main communication tools for businesses, email management has become an increasingly difficult task. This is even more problematic for owners and managers of businesses in the real estate industry. Hundreds of emails come in every day and inbox management becomes a time consuming …

Planning Out An Executive Assistant Career Path In any business, small or large, employees should have a clearly defined career path. Therefore, the career paths of executive assistants should be no less clearly defined than any other employee within your business. Some argue that their career growth path to the top should be the most …

Hiring An Administrative Assistant On A Remote Virtual Basis Businesses of all sizes have come to the realisation that management teams can significantly improve their productivity by having administrative assistants take over many daily tasks. But the problem with hiring an administrative assistant who works on a virtual basis is that there are …

How Much Do Executive Assistants Make? Executive assistant jobs require a high level of skill and experience. However, you are still required to start as an entry-level executive assistant and your pay increases as you gain experience and new skills. In this article, we will explain the different influencing factors determining the salary …

Can You Work From Home As An Administrative Assistant? It is becoming increasingly common for businesses to hire a remote administrative assistant as it saves them money on office space. However, some business owners are still reluctant to offer positions to those who work independently in their own homes and are not office-based. …

Setting Achievable Executive Assistant Goals For Virtual Workers All successful businesses have a clearly defined road map where goals are set to ensure you reach each destination successfully. Like with any long journey, if you don’t plan your route correctly, you will get lost by taking the wrong turn at some junction. Business …

Hiring A Virtual Assistant For Cold Calling Back in the day, you would have salesmen with briefcases knocking on your door, trying to persuade you to buy one of their products. Later this evolved into cold calling by telephone, where companies would get their salesperson to ring unannounced, trying to sell you their …

10 Signs You Need A Virtual Assistant Right Now Sometimes as a business owner, it can be tricky to see the signs you need a virtual assistant, and you plough on regardless. By keeping the same work habits, you become increasingly stressed, which means you don’t think constructively and miss all the signs …

Return On Outsourcing: Setting The Right Expectations And Measures The reason businesses use outsourced services is pretty simple: to save money. But there are also many other benefits to using such a service, like streamlining your business to ensure it runs more efficiently, and allowing you to concentrate on growing your company. However, …

How To Increase VA Productivity In A Fair And Effective Way You must build the most robust working relationships with all your staff as a business owner. An excellent way to ensure you do this is by keeping things simple yet effective while boosting productivity. Increased productivity is the aim of all small …

7 Virtual Assistant Pitfalls To Be Aware Of Like most things in business, hiring virtual assistants can seem straightforward, but there are several pitfalls you must be aware of before starting the hiring process. Your new virtual assistant is meant to take the pressure off you and free up your time to allow …

Can You Be A Virtual Assistant Part-Time? Many people prefer to work part-time because it allows flexibility in their work-life balance. With technological advances and superfast broadband speeds, many people turn to virtual assistant jobs part-time. If you want to become a virtual assistant, starting part-time is the best way to go as …

How Can A Virtual Assistant Be A Security Risk? Cybercrime is increasing, and businesses and individuals must implement the proper security measures to stop attackers from exploiting weaknesses in their IT systems. When a business hires a virtual personal assistant, it can leave them wide open to security breaches. All companies should have …

Virtual Assistant Vs Employee: Making The Right Choice For Business Success Every entrepreneur or business owner needs to weigh the pros and cons when it comes to the virtual assistant vs employee decision. Like every decision made in business, there will be advantages and disadvantages, so making the right choice for your company …

Virtual Assistant Vs Executive Assistant: What’s The Best Approach For Business Owners? All business owners are faced with difficult decisions from time to time. But, unfortunately, it comes with the territory when running your own company. Making the right choices that benefit your company is the key to maintaining long-term success. Hiring someone …

What Are The Most Time-Consuming Business Tasks That You Should Outsource? All real estate businesses have time-consuming tasks, which as small business owners, we all don’t like doing. So how do you make sure they get done without doing them yourself? You outsource the most energy-sapping tasks to another actual human being. Some …

Hiring A Virtual Assistant For Entrepreneurs: Find Out Why This Is A Critical Step To Success Launching a business is pretty simple. Sustaining it can prove far more problematic. Most new businesses fold within the first year because they don’t know how to implement the correct structure that they need, All entrepreneurs need help …

Virtual Assistant Vs Personal Assistant: What’s The Difference, And Which One Do You Need? Due to technological enhancements, many businesses see the advantages of hiring a virtual assistant to do the tasks that an in-house personal assistant would typically do. As the name suggests, a virtual assistant is a person who works virtually. …

The Virtual Assistant Task List That Will Optimise Your Business Many business owners hire virtual assistants to do tasks that take up a lot of time which could be more wisely spent dealing with significant contracts or attracting new clients. A virtual assistant is a self-employed remote worker who provides business administrative tasks …

7 Tips For A Successful Virtual Assistant Onboarding Process The virtual assistant onboarding process can prove tricky, and you want to make sure things run as smoothly as possible so that the productivity of your business improves. When a business hires a virtual assistant, the onboarding process is key to how successful the …

Hiring A Virtual Assistant For Lead Generation Every successful business should focus on having a lead generation strategy if they want to build relationships and attract new customers. The aim is to drive traffic from high-quality prospects with the hope that they are turned into high-quality customers. Technology has helped businesses hire a virtual …

Hiring A Virtual Assistant Manager Virtual assistants are becoming more common in many businesses, and the larger your team of VAs is, the more important it is to hire a manager to ensure everything runs smoothly. The manager is responsible for ensuring the virtual assistants do their job to the required standard by …

Hiring A Dedicated Virtual Assistant For Graphic Design Tasks Gone are the days when a virtual assistant performed primary secretarial and administration duties. A virtual assistant may well perform admin tasks, but an increasing number of remote workers are highly skilled in certain areas like marketing, finance, or graphic design. It often seems …

What Influences A Virtual Assistant Hourly Rate Companies hire virtual assistants to help them save time and money. The virtual assistant will often make phone calls, research, data entry, and other necessary administrative work. Hiring a virtual assistant and paying them an hourly rate to perform daily admin tasks allows you to deal …

How To Structure And Plan A Virtual Assistant Discovery Call A virtual assistant discovery call is a first call or video call conversation you’ll have with a potential client to discover more about themselves and their business. During this call, you need to make the prospective client feel at ease so that they …

Real Estate Virtual Assistant Training Virtual assistants have become an integral part of many real estate businesses. When you run your own business, finding ways to streamline costs is crucial, and hiring virtual assistants has become essential to saving money. Unlike having a full-time employee, a real estate virtual assistant gets paid hourly …

15 Virtual Assistant Interview Questions To Help You Find The Best Candidates Conducting an interview can be tricky, and you have to carefully plan and consider what questions you need to ask the candidate. Asking the right questions will help you hire the right virtual assistant for your company. You may be hiring …

Hiring A Virtual Assistant For Real Estate Appraisers As a real estate appraiser, your job is to have an excellent knowledge of your local market and analyse market trends. Therefore, you do not want to be spending time on administrative tasks, which always take longer than you think. Hiring a virtual assistant is …

8 Virtual Assistant Duties And Responsibilities Every Business Should Consider The duties of the virtual assistant consist of organising data, carrying out research, and dealing with customers, along with many other admin tasks. Virtual assistants will also need to perform clerical duties such as answering phone calls, dealing with customer spreadsheets, sorting documents, …

Hiring A Dedicated Virtual Assistant For Social Media Tasks Building a solid social media presence is essential to driving your business forward. The aim is to create a brand people recognise and trust. However, building the right brand image through social media can be time-consuming and requires knowledge and skill to appeal to your …

How to Get More Results Out of Your Real Estate Virtual Assistant If you’re in the Australian real estate business, you probably know that besides listing and selling properties, there’s always paperwork and detailed back-office tasks to complete. The million-dollar question right now is how can the top real estate agents perform so …

What Is The Outlook on The Australian Property Market? A 2022 Australia property market report has shown that house prices have slowed in recent months. The report points out that the housing price growth will likely fall a little by the end of the year. This develops as the Reserve Bank of Australia (RBA) …

Business Critical Reasons For Outsourcing Businesses have turned to outsourcing companies to help provide their virtual assistant workers because it can save a lot of time and money. Virtual assistants perform a wide range of tasks from admin duties, marketing, social media management, and anything that suits your business needs. They are hired …

Improve Outsourcing Services With A Simple Strategic Plan Using outsourcing partners has become an integral part of the overall business strategy of many companies. However, success is not guaranteed and many small businesses shy away due to a lack of experience. Outsourcing can be hugely successful, but even a strong outsourcing relationship can …

10 Virtual Assistant Hacks To Implement Right Now The role of a virtual assistant has changed over the years; they are not just there to provide personalized secretarial services or be a virtual secretary. The modern-day virtual assistant worker can do far more than deal with phone calls, manage your calendar, filter emails, …

What Is Outsourcing In Economics? Outsourcing in economics is when a business, large or small, uses an outsourcing company to perform a service typically carried out by in-house employees. When a company outsources specific tasks to a third-party company, it is usually done to cut labour costs and gain efficiencies. Small businesses and …

Implementing KPIs For Administrative Assistants An executive assistant or virtual assistant is hired to perform specific tasks, allowing your on-site staff to concentrate on different business areas. VAs will not have the same benefits or contracts as your other staff members, but that can make managing their performance more difficult. Despite working remotely, …

What Is Your Ideal Client Profile, And Why Does It Matter? All businesses should seek to match the product or service with the right ideal client. Having an ideal client profile is a must for any business as it shows what it takes to create the best relationship for a repeat customer. To be …

What Is Critical Data And Why Do You Have To Manage It Carefully? Critical data is any information that is vitally important to the smooth running of any business around the world. It is paramount to all businesses that critical data elements are not compromised in any way. If any data is misused, then …

Real estate is a cutthroat industry that needs one to be at the top of their game. Realtors and real estate investors lead busy lives and often clock long hours to complete multiple important stuff. Hiring a real estate virtual assistant to handle those time-consuming tasks is an excellent option for small business owners and …

Gone are the days when real estate investment was only for the rich and famous. With sound financial management and the right strategy, you can invest in a property and grow your wealth. Reasons to invest in real estate. Investing in real estate comes with attractive benefits. Passive income is one of them. There is …

Best Virtual Assistant Countries For Business Process Outsourcing Companies from all over the world are turning to virtual assistant services to ensure that they employ the perfect virtual assistant that suits their business requirements. Small business start-ups need to hire the right virtual assistants as they don’t want to waste money when they delegate …

The Most Important Virtual Assistant Tools For Smooth Business Process Outsourcing Hiring a virtual assistant has become common practice, and business owners are investing in software that helps them save time and money. But some of that effort and money often ends up wasted because business owners invest in the wrong tools that don’t …

BPO Service Provider Selection: The Right Approach To A Great Partnership Over the last 15-years, the number of companies that have entered the service providers sector has increased greatly. Companies can see the opportunities available in the business process outsourcing (BPO) industry that is worth S$548.5 Billion. All businesses want to reduce their costs, …

Key Data Entry Skills For A VA Business owners often overlook how vital data entry skills can be to the smooth running of their company. It can often be a costly oversight as a data entry specialist provides value for money. A data entry job is often seen to be “entry-level.” With the …

Real Estate Virtual Assistant Jobs In Australia RealEstateVirtualAssistant.com.au is a fast-growing business that provides highly-trained virtual assistants who are based in the Philippines for Australian Real Estate Agencies and Agents. Our Australian-based company is keen to increase our workforce. As a company, we pride ourselves on providing knowledge-based virtual assistant positions to the …

Calendar Management For Virtual Assistants Time is a valuable commodity of any business, and managing your business’ time effectively can help when it comes to that magic word we call profit. We all know the feeling of there not being enough hours in the day. This feeling is heightened when it comes to …

The Key Qualities Of A Virtual Assistant Saving money is probably the most important aspect of any business, especially for small companies. This is where hiring the right virtual assistants can help your company save money and make it run smoothly. As a small business owner, managing your time effectively allows you to …

Posting videos is an excellent way to stand out in the real estate industry. They make potent visuals that entice people into purchasing a property and can generate leads for you in the long run. There are several types of videos you can upload to boost your real estate business. Listing videos provide a preview …

Ready for one of the most significant decisions in your life? Yep – you’re about to buy or sell your own home. It’s a huge step and a massive investment, so you need to put it in the right hands. The agents and virtual assistants you work with can make a big difference in your …

Hiring A Virtual Assistant With A Simple 5 Step Process For some businesses employing a virtual assistant for the first time may be more daunting than taking on a full-time employee who is office-based. Firstly, there will be no physical presence, which may mean that you fear you can’t form a bond with …

What Are Business Process Outsourcing Services? Business process outsourcing (BPO) has become a common practice across many industries including the real estate sector. With economic uncertainty over the past few years increasing significantly, outsourcing has provided much-needed support in keeping regular business operations running more efficiently. The future is equally uncertain, and layoffs, political …

How Real Estate Video Marketing helps to Sell More Property The penetration of the internet in every culture and sector has thoroughly changed the outlook of the masses. People are more interested in pursuing remote-jobs, distant education systems, and even remote shopping experiences than ever before. The real-estate business is no exception. The unique …

Advantages And Disadvantages Of Outsourcing Business process outsourcing (BPO) has attracted a lot of negative attention over the years, and a lot of that comes from the fact that major corporations have completely offshored significant parts of their operations. From a public and political viewpoint, that seems to be taking away jobs only to take …

Achieve Business Growth By Hiring A Virtual Marketing Assistant Many businesses hire virtual assistants to handle the repetitive and time-consuming workload that tend to be associated with administrative tasks. However, it doesn’t take a lot of imagination to understand that you can also apply a virtual assistant’s core skills to marketing efforts. While it is …

Benefits Of Hiring A Virtual Assistant Up until recently, businesses would hire freelance virtual assistants to attend to the excess work that was non-essential. By delegating work to their freelance virtual assistant, they could save on costs and get more work done. Thanks to the evolution of digital technology, the Internet, and social media, things …

10 Must Have Virtual Assistant Skills A virtual assistant is an independent contractor who provides administrative services to various clients from a remote location, mostly from a home office. The main things people hire a virtual assistant for is to handle administrative tasks ranging from making and receiving phone calls, scheduling appointments, managing email …

The most successful real estate agents win clients over with their professional communication skills, image, and work ethic. They also use the resources at their disposal to the fullest. It’s not easy to stand out in such a crowded market, but you need to put in the work if you want to succeed. You can …

It feels tedious sometimes, but reading is an integral part of your career as a real estate agent. You discover new resources, keep yourself updated on information, and learn new things. Journals and articles are excellent sources, but if you’re able, make time for a book or two as well. There are a variety of …

Real estate is a crowded market, and it can feel impossible to stand out and grow your agency beyond where you stand. But how your agency develops and flourishes is up to you, especially if you put in the effort – in the little things as well. You’ll want to keep these tips in mind …

It’s a question everyone in the business asks – how to be successful at real estate? There’s no simple answer, but there are ways to help yourself achieve that success. There’s the usual need for creativity and perspective to set yourself apart. But if everyone’s already doing that, how do you go above and beyond? …

The internet is a hotbed of information and with good reason. It’s so easy these days to open a browser on your phone or your computer and just Google the answer to any question you have in mind. This applies to many topics – food, travel, literature… and real estate! There are plenty of resource …

Warning Signs You Need To Hire A Real Estate Virtual Assistant You don’t have unlimited time to spare. You won’t be able to do everything on your own. You know, all the small things like double-checking information over the email or phone and keeping track of all your documentation. Even though you may …

How Remote Work Is Changing Tech Salaries It was only a matter of time before technology allowed us to skip the commute and work from home, but the change happened quicker than expected due to COVID-19. It is pretty impressive how quickly companies abandoned the office with little disruption to productivity. For many, the …

Why Real Estate Agents Prefer to Outsource Rising prices of property in combination with consistently high demand from investors have established profitable conditions for real estate agents. However, increased competition and improved technology have pushed the agent to work harder than ever before to close deals. It is a conundrum that places the agent …

How a VA Can Help Real Estate Agents Negotiate Short Sales Foreclosures are a harsh reality in real estate. Every day homeowners are faced with the possibility of losing their property. It is a dreaded situation that no one hopes to experience. An option to consider is a short sale. In order to facilitate …

6 Things to Know Before Outsourcing to a Real Estate Virtual Assistant There is no doubt that outsourcing to a real estate Virtual Assistant will reap a multitude of benefits for your agency. It is a low cost, sustainable option that will contribute to your productivity, enhance the quality of work and provide your business …

Where to Find the Most Affordable Real Estate Virtual Assistants Hiring virtual assistants present several benefits to real estate agents. The level of work productivity increases because the agent is able to delegate a good number of administrative tasks to the Virtual Assistant. Quality of work also improves because the VA has the time and …

Comparison Between In-House or Outsourcing Real Estate Management Managing a real estate agency can be a handful. There are many tasks, duties and responsibilities that need to be attended to on a daily basis. But considering the competitiveness of the industry, real estate agencies have to be more aggressive in their efforts to reel …

What Can a Real Estate Virtual Assistant Do? A career as a real estate agent can be financially rewarding. One sale can easily justify months spent closing the deal. In Australia, the median property price is $623,000. If you sold residential dwelling at that price, your commission would be $12,460. But the process of …

How Real Estate VA’s Can Boost Your Business Real estate VA’s or virtual assistants can do more than just assist you in administrative tasks. Properly managed, they can be a significant factor in cultivating success for your agency. Here are 9 ways real estate VA’s can boost your business: Manage Costs Cost …

20 Tasks You Can Outsource To Your Real Estate Virtual Assistant As an entrepreneur, independence is an admirable virtue to have. It gives you the mindset to take responsibility for all decisions you have to make. But it can also hinder your progress. This is especially true if you are in the real estate …

Outsourcing for Real Estate Agents Solutions As entrepreneurs, real estate agents are used to managing tasks on their own. It is part of the process of building the business from the bottom up. This arrangement is perfectly fine when starting out. But when you begin to gain traction and work gets busier, those tasks …

6 Reasons To Outsource Real Estate Management Given the amount of work that needs to get done in a real estate agency, ideally you want a low cost solution that also contributes to revenue generation. It may seem like a version of real estate utopia, but the truth is such solution exists in outsourcing. Here …

How To Hire A Good Real Estate Virtual Assistant The real estate process can be very tedious which leads to a number of interesting days in the life of an agent. With so many things to attend to, it can be a challenge to put order amidst chaos in an agent’s typical working day. In …

How to Become a Real Estate Virtual Assistant In the old days of dial- up Internet service, virtual assistants were hired primarily to manage administrative functions. They were considered more as secretaries or personal assistants. But in the new millennium, broadband technology made the Internet more accessible and created niches in the virtual assistance industry …

What Is A Real Estate Virtual Assistant? Aside from client meetings, property negotiations, and site visits, your real estate business has many administrative tasks to deal with. If you find yourself dealing with admin duties every day and not high-value tasks, it’s time to hire a real estate Virtual Assistant. “Real Estate Virtual Assistant? …

More businesses around the world are outsourcing services to virtual assistants. From small- scale businesses to Fortune 500 companies, many have discovered and acknowledged why contracting virtual assistants is a good business strategy.

Virtual assistants are Internet- based professionals who are contracted to handle a specific task or set of responsibilities. They work from a remote location; usually from home and are generally considered self-employed or proprietors of a business that offers virtual assistance services.

Over the last 15 years, outsourcing has grown to become an important component in business development strategy. What was once viewed as a stop- gap measure to address cost reduction has evolved into a process that can actively contribute to revenue generation.

The exponential growth of outsourcing corresponds with increasing turbulence in the global economy. Political regimes are changing; new foreign policies are being enacted and economies are re-aligning their resources.

There is a growing trend among companies to integrate a remote staff member within their work force. In 2011, Yahoo! CEO Marissa Meyer introduced a remote worker plan where 10% of staff worked from home. A few years later Meyer increased the distribution to 15%.

While Meyer chose not to maintain the program, other companies such as United Health Group, AETNA, IBM, AMEX and Xerox started their own remote worker programs.

Contracting the services of a real estate virtual assistant can help with those non dollar productive tasks. From taking and making calls, preparing contracts, updating lists, arranging inspections and marketing.

If you can’t manage time efficiently, your productivity will suffer and ultimately affect your agency’s profitability.

There is an option that will enable you to exponentially increase your productivity.

The Virtual Assistant was once the best kept secret of successful entrepreneurs. However once Tim Ferris, Michael Hyatt and James Schramko shared how their online employees allowed them to grow their businesses, others wanted to experience the same successes as well.

But as with most professions, not every candidate who signs up can get the job done.

Increasing demand for virtual assistance work has blown open the doors of opportunity for those who want to cross over to the online profession.

If you want to maximize the benefits of outsourcing, you may want to outsource to Philippines. It has been the primary destination for global outsourcing since 2013 and its industry continues to grow at an annual rate of 20%. If you want to know “why”, here are 7 reasons you should outsource to the Philippines:

High Literacy Rate – At 98%, the Philippines has one of the highest literacy rates in the world. This is quite an achievement considering the Philippines is essentially a developing economy.

Take your business to the next level today! ENQUIRE NOW