History of the Real Estate Virtual Assistant Industry

The real estate industry has been around for more than fifty years in the United States. The arrival of the real estate virtual assistant and the VA industry occurred in the 1990s. The real estate virtual industry has experienced a steady growth every year since its inception and is expected to continue growing at a steady rate. There has been a significant increase in the numbers of individuals choosing to start privately owned real estate VA businesses as an alternative to the uncertainty of conditions in the workforce today such as company downsizing and the outsourcing of jobs to the cheaper labor markets in other countries.

A real estate virtual assistant is an individual who realtors outsource some real estate related work to that would require an agent to spend many hours in an office to complete, when a real estate agent needs to be outside the office working with realty clients, vendors, contractors, and others in order to be a successful real estate agent. Some of that work includes maintaining client files, online transaction coordination, receiving faxes, creating real estate reports, developing and managing email and other marketing campaigns, and even website designing, among other general office work that realtors often find themselves too busy to handle themselves. The internet has impacted how real estate transacting is done today. The internet allows fast downloading and printing of important real estate reports such as area and nationwide real estate listings, industry projections, market indicators, and much more. This has created a wealth of information that is available for the real estate agent to use in their conducting of real estate transactions, and provides real estate consumers with more detailed information than what was easily available to them before. Setting up different programs to gather and organize this information takes some time and for this reason, many real estate agents today will outsource such work to a real estate virtual assistant. This is an interesting tidbit provided by the information that real estate virtual assistants taking an anonymous internet poll shared. Over 90 percent of those who are working as a real estate VA are women. Rising child care costs, the desire to work from home, high income potential, and spending more time with family were the most often given responses for why to choose to open a real estate virtual assistant work at home business. Another question in this anonymous polling of real estate virtual assistants asked respondents to share how much income they make yearly working as a real estate assistant. An averaging of the responses showed that the annual gross income of a real estate virtual assistant is around $29,000, with some making more than $200,000 in annual gross income. The future looks bright for the real estate virtual assistant industry. As the internet evolves in what its technology will allow the real estate agent to do, so will the demand for real estate virtual assistants as more realtors will find the need to outsource the tracking, organizing, maintaining, and compiling of this new information into reports they can use, to the professional real estate VA. Further suggested readings on real estate virtual assistants and successful real estate VA business can be found here. www.virtualcas.com.While there, look near the bottom of the webpage to find the real estate networks that can help you succeed as a real estate virtual assistant. These real estate virtual assistant networks are free to join and they offer you the superior advice and direction you need to succeed in your real estate virtual assistant business. Realtors are invited to join in on the exchange of information for success.

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