Friday, November 2, 2007
2. WHO were the customers? Ask for all of the customer contact information. And then contact them explaining that you are soon to be the current owner. You can say “I would appreciate any feedback you can give me about the services rendered to your company. And also do you see a need in the future to continue doing business with our company?”
3. HOW long was the current business owner in business? Months? Years? If months is the answer, this may be your answer to the first question! They may not want to persevere to make it become successful – which is a positive. Or they realize that it is not going to be successful and they want to be rid of it – for a profit. If years is the answer, then they may have a web presence already. BUT whether it is a positive or negative web presence brings me to my next point.
4. CAN you research the business by contacting others in the industry? For example, if you type in Real Estate Virtual Assistants, you will receive a number of responses. Contact some of them and let them know what you are doing and if they can give you an objective viewpoint about the business you are thinking about buying. Ask them to be very honest and frank because this is a big decision that you are about to embark on!
5. WHAT are the pros and cons of purchasing this business? If you start from scratch will you put more money into marketing than you would from an established business? If the customers decide to continue with you as the new business owner, does that outweigh the time, money and effort to obtain new customers? Does the business have a good looking website? And has it been entered into the major search engines? That would be a great pro!
Now these are not all of the questions, but they are important ones. The main point is to do your RESEARCH. Be proactive, and be patient. Don’t make a snap decision. GATHER all the facts that you can, and you will be SUCCESSFUL when purchasing a business.
Are you spending more time on administrative tasks and less time dealing with buyers and sellers? Do you want to become a top producer?
As an agent you know that these administrative tasks are necessary for your business, but you make money by cultivating relationships with potential buyers and sellers?
Can you use a real estate assistant that will handle all of the administrative tasks for you so you can be out in the field nurturing your business? Elite REVA provides realtors with online support. We are dedicated to servicing and assisting Realtors to start, grow and operate successful businesses without the need to hire employees.
Take the Challenge!
Find just one administrative task in your day that is very necessary to the success of your business. Think about how much time it takes you to do that task. Multiply it by five. And that will sum up how much time you will have left in your week, if you delegate that task to a real estate virtual assistant!
Now just think how much time the assistant can save you if you delegate two or three tasks. And you can use that time to be out in the field obtaining more potential clients!
Real Estate Virtual Assistants can perform the following tasks and more:
Point2 Agent Website Updates
Please let us know if we can be of service to your business!
Sunday, October 28, 2007
EVERY real estate agent IS his or her own small business. Even the largest real estate firms with multiple agents and offices is made up of small independent businesses and each agent is responsible for his or her own business.
A virtual Real Estate assistant can enhance the success of your business without the additional expenses associated with growth while decreasing the amount of time you spend in the office.
In addition to the agent’s own work, there is a huge volume of paperwork to be dealt with,customer service issues to be address and other time consuming tasks that distract the agent’s attention from keeping his or her own business alive. The more time you deal with these matters, the less time you spend with clients. Being out with buyers and sellers is how a real estate agent makes money.
Your time is valuable and it should be directed toward productive not counter-productive tasks. If you don’t have an assistant to do the time consuming tasks for you, you could be on the outside. Have a real estate assistant do it for you! An agent who doesn’t have an assistant is not just a full time agent; he or she is a full time agent and assistant! And there are only 24 hours in the day!
That’s why I founded EliteREVA.com
EliteREVA provides administrative, marketing and sales assistance tailored to meet the individual needs of business owners and professionals on an as needed or long term basis. The focus is on assisting clients to build a full practice while alleviating the stress of running their businesses and increasing their production.
Below are some of our services:
* Lead Management
* Listing Marketing Coordination
* Agent Marketing & Branding
* Internet Marketing
* Closing Coordination
Visit us at http://www.EliteREVA.com and request a proposal/consultation to discuss how EliteREVA can help you become a top producer.
The best way to make money with your website, no matter what the business, is to get it noticed. To get it noticed, you need to market. But how do you do that when you are on a budget that is so tight it’s worse than squeezing a turnip? Getting and keeping customers is the key to success in any business. By being very resourceful, you can utilize these five proven ways – which are free - to promote your business.
- Spread the word! Tell all of your past business employers. Let them know that you have embarked upon your Virtual Assistant business. Who knows, they may bring some business to you! Give them your business card with all of your contact information on the card. Also, ask them to tell everyone they know. Word of mouth is a great way to promote your business – and best of all it is free!
- Write and submit press releases to your local media and online media. This is another free avenue to explore. Because in the press release, you will include your website link. If you do not know how to write a press release, there are many websites that offer FREE lessons! In addition, most of these same sites offer free press release submission. Once you do have the press release written, ask others to review it for you. Then review it for spelling and grammatical errors. Then submit! It will take some time to do the searching and submitting. However, once you have registered for these sites, you can do it monthly without going through the set up process.
- Learn how to “optimize” your website. Search Engine Optimization will take some time but it is well worth it. There is such an exhaustive supply of information on how to do this for free. You can join groups on Yahoo!. You can obtain books from the library. You can join many forums on the web which will teach you about SEO. There are also software programs that offer free 30-day trials!
- Write articles and submit them online. What me?! Write an article. Well, at first I did not think I would be capable of writing. Then I challenged myself and began to learn. Yes, you can even find free information on the web on not only how to write articles, but how and where to post them. Again, as with press releases, be sure to include a link to your website. This will give you visibility and credibility. More people will want to do business with you.
- Create a follow-up plan to those who do respond. With everyone so busy these days, they can easily forget you. Along with the follow-up plan, devise ways to help their business. Maybe you can offer a free newsletter on ways to improve their business. Or a discount on a service they may need. The more you will be able to keep your business in front of potential customers, the more likely they will be to choose your business.
These are not all of the ways to market on a tight budget. However, these can get you started. As with any successful business, it will take time. It will not happen overnight, but if you persevere and really work hard, you will eventually have a successful business.
You know I have some real estate agents that are not aware of the powerful Lowes Marketing Plan and the National Association of REALTORS®. It is free and a great way to grow the agent’s business.
This is the link to the website. https://www.lowesrealtorbenefits.com/
Here are some of the free marketing benefits that you can take advantage of:
- Lowe's 10% off coupon
- 5% discount on Lowe's gift cards
- Free Videos, Web banners, Monthly
- E-Newsletter and more
There are mailers that are customized to sellers, buyers, new homeowners, or just general homeowners tips.
You should check it out if you have not already.