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Real Estate Fight Club

Feb 2020

Episode 22: Do You Get the Bang for Your Buck With a Virtual Assistant?

February 26, 2020

In Episode 22 of the Toe-2-Toe Podcast, hosts Jenn Murtland and Monica Weakley duke it out over whether you get the bang for your buck when hiring a virtual assistant. Hear why hiring a virtual assistant overseas hasn’t worked for Jenn. Then hear why Monica thinks a virtual assistant can be absolutely worth it in the right circumstances. If you’re considering leveraging the services of a virtual assistant, this episode is for you. 

Episode Highlights: 

  • Do you get the bang for your buck with a virtual assistant?
  • Jenn says no.
  • Jenn has tried having a virtual assistant several times and it doesn't work for her.
  • Jenn is a high driver. She is very good at the big picture and not as good at details.
  • Jenn doesn’t like having to give a VA very specific instructions. She has struggled with virtual assistants who don’t have the right mindset.
  • She describes the different thought process she encountered when working with virtual assistants.
  • Monica feels that being specific someone can work.
  • Monica feels it can work as long as it’s the right person, with the right skillset, and the right personality match.
  • Jenn has a virtual transaction manager based in the US and that's working.
  • Monica is using a VA right now.
  • Monica feels that a VA can be extremely useful to a business from an ROI perspective.
  • Jenn thinks people overlook the oversight piece when considering ROI.
  • Monica suggests that oversight can be a short-term part of the process.
  • Leverage is powerful and it’s also painful.
  • If you're spending two hours a day doing a mindless thing that could be systemically entered in by someone anywhere, a VA may be a good idea.
  • Monica thinks it’s a big mistake to turn over your social media to a VA.
  • Send-out cards may or may not work out as a task for a VA.
  • Know yourself. What are you spending too much time on that doesn't need that much time?
  • Many people they surveyed were thinking about using a virtual assistant.
  • Monica thinks you should hire a VA if it's the right task, the right person, and you're willing to train and put the system together.
  • Jenn feels that in general, she's found more success hiring local administrative help because of mindset and ownership.

3 Key Points:

  1. Hiring a VA may not be worth it for you if your personalities don’t mesh or you don’t want to be involved in a lot of oversight.
  2. Hiring a VA may be worth it to you if you know there’s a task that’s taking too much of your time that can be done effectively and repeatedly by someone else.
  3. Consider that leverage can be painful. Creating systems that a VA can follow may be annoying, but could be rewarding.

Resources Mentioned: