Interested to try outsourcing services? This article is specifically written for property managers and property management companies to learn about the following:
With property management services outsourced, property management companies can tap into the expertise and specialized knowledge of virtual assistants. This results in a cost-effective solution with access to advanced technology and enhance productivity.
Outsourcing certain tasks such as maintenance coordination and tenant inquiries can help property managers focus on income-generating tasks. They can prioritize sales, client relationships, and business expansion.
It is a known fact that property managers can generate more income by handling hundreds or even thousands of properties. And while that sounds rewarding, time-consuming tasks are expected to pile up as the business grows. This explains why property managers and property management companies are seeking to outsource various aspects of their operations.
By having a dedicated team of professionals, they can significantly improve the operations’ efficiency by reducing time and paperwork. These team members, serving as virtual property management assistants, are skilled in handling the complexities of property management. Their support will result in increased proficiency as they take care of non-core tasks.
In general, property management companies outsource various repetitive administrative tasks to streamline their operations. Depending on the company’s specific needs and goals, they can outsource several functions.
For instance, they may hire a customer service representative for tenant/landlord support or a property management accountant to collect rent.
Your outsourced staff with ShoreAgents can help with the following back-end administration part of this process:
The pre-listing phase plays a crucial role in setting the stage for a successful property management business. This phase encompasses various essential tasks that property managers undertake to secure new properties under their management. Some of the pre-listing tasks involve the following:
The pre-listing phase also involves tasks such as going through terms and conditions and signing the management agreement document. Afterward, the property management phase begins. This is where property managers take over the day-to-day management tasks to ensure overall property performance and success.
The listing phase is where property managers prepare and showcase a property for rent. During this phase, a series of tasks are undertaken to ensure a smooth and successful rental process. Here are the tasks that you can outsource in the listing process:
This phase involves consistent communication with tenants and handling repairs and maintenance. Effective tenant communication is essential throughout the tenancy period. This is so that property managers can promptly address any concerns raised by tenants. Check out the tasks that you can outsource during the in-tenancy process:
An outgoing inspection will also be conducted upon the tenant's vacate. This report will be compared to the incoming inspection report to assess tenant liability for damages. It will also indicate any deductions from the rental bond before refunding.
The pre-listing phase plays a crucial role in setting the stage for a successful property management business. This phase encompasses various essential tasks that property managers undertake to secure new properties under their management. Some of the pre-listing tasks involve the following:
The pre-listing phase also involves tasks such as going through terms and conditions and signing the management agreement document. Afterward, the property management phase begins. This is where property managers take over the day-to-day management tasks to ensure overall property performance and success.
The listing phase is where property managers prepare and showcase a property for rent. During this phase, a series of tasks are undertaken to ensure a smooth and successful rental process. Here are the tasks that you can outsource in the listing process:
This phase involves consistent communication with tenants and handling repairs and maintenance. Effective tenant communication is essential throughout the tenancy period. This is so that property managers can promptly address any concerns raised by tenants. Check out the tasks that you can outsource during the in-tenancy process:
An outgoing inspection will also be conducted upon the tenant's vacate. This report will be compared to the incoming inspection report to assess tenant liability for damages. It will also indicate any deductions from the rental bond before refunding.
In summary, there are plenty of back-office tasks that property managers can outsource. Not only will they be able to save time, but also achieve cost savings. Particularly if you partner with ShoreAgents which is based in the Philippines and offers low labor costs.
Outsourcing with ShoreAgents is a simple process. Once you have identified all roles that need outsourcing, we will take care of recruiting and managing your staff. Depending on your specific business needs, we will present a qualified talent pool of candidates that you can interview.
When it comes to outsourcing, there are several key tasks that need to be accomplished. These tasks may vary depending on the specific needs and goals. Here are some of the important tasks that you need to do for outsourcing:
By partnering with ShoreAgents, you can expect a worry-free recruitment process and strict compliance with local labor laws. Since we are based in the Philippines, there are also low labor costs compared to other countries. We will take care of the recruitment procedure including job advertisements and summarized application reviews.
Your offshore team will also work in a spacious and modern office with a computer and other work equipment. In comparison to hiring locally, you can definitely save a whole lot of money by outsourcing with ShoreAgents.
$2,003
$2,314
$2,213
$1,797
$2,203
*Based on real-time exchange rates
Offshoring back-office operations can help you save about 70% cost savings. This is why there’s a growing number of organizations that recognize the benefits of outsourcing and take advantage of it. Here are some of the costs that you can eliminate through outsourcing services:
Hiring locally can certainly exceed your labor expenses, depending on the location. This is why we offer a cheaper alternative to hiring in countries with low labor costs such as the Philippines.
It's also good to note that most of the employees outsourced through ShoreAgents are university graduates. Despite the cost savings, you can also expect to work with talented individuals.
Once you have decided to opt for hiring locally, you should also consider the equipment. Using cloud-based software will help simplify tasks and allows users to access applications on a shared computing system.
This includes rent, training expenses, and benefits. This varies depending on your location and can be costly. It explains why more and more organizations opt for outsourcing.
Property management outsourcing services won’t cost as much as you’d think. While it does cost less than average, that does not mean the quality is any weaker. Our services at ShoreAgents are available for as little as $1,000 USD for full-time employees per month.
Hiring locally can certainly exceed your labor expenses, depending on the location. This is why we offer a cheaper alternative to hiring in countries with low labor costs such as the Philippines.
It's also good to note that most of the employees outsourced through ShoreAgents are university graduates. Despite the cost savings, you can also expect to work with talented individuals.
Once you have decided to opt for hiring locally, you should also consider the equipment. Using cloud-based software will help simplify tasks and allows users to access applications on a shared computing system.
This includes rent, training expenses, and benefits. This varies depending on your location and can be costly. It explains why more and more organizations opt for outsourcing.
Property management outsourcing services won’t cost as much as you’d think. While it does cost less than average, that does not mean the quality is any weaker. Our services at ShoreAgents are available for as little as $1,000 USD for full-time employees per month.
If you are a property manager or a property management company struggling to handle day-to-day tasks, contact us today. We offer a highly-skilled English-speaking workforce that can meet your business needs.
Cost savings and enhanced productivity are just icings on the cake. You can also anticipate increasing profit! Not only can you look forward to hiring outstanding employees, but there are also no language barriers. This is because Filipinos are aligned with Western culture.
In summary, it’s wise to automate non-core tasks so that you can redirect your focus on profit-generating duties. Partner with us today and discover new opportunities by outsourcing to the Philippines!
We have 2 staff with ShoreAgents one in Property Management and one in multimedia. We are constantly blown away by the capabilities of our team in the Philippines and we will be hiring more staff with ShoreAgents in the future! The whole team there are legends.
We are loving our new VA its only been 2 weeks but we should have done it years ago.
Outsourcing will change the dynamic of your business and certainly make your way more competitive in this very demanding market.
