• Many real estate agents are hiring virtual assistants who act as hourly contractors instead of full-time employees.
  • This contract requires assistants to pay their own taxes and insurance, which means less filing, money and overall effort on the agents’ end.
  • One important thing to consider is licensing. An on-site assistant with a real estate license can do much more for you than a virtual assistant, including solicit new buyers and sellers.

Many real estate agents are hiring virtual assistants who act as hourly contractors instead of full-time employees. This contract requires assistants to pay their own taxes and insurance, which means less filing, money and overall effort on the agents’ end.

Read our full report on virtual assistants in real estate.

Many virtual assistants are versatile and can go beyond your business. As long as you’re paying them per hour, they can help with personal scheduling for date nights and family trips, too.

And you don’t need a massive budget to hire a personal online assistant. They usually cost less than $5 per hour, and since they aren’t on a salary, they only bill you for the hours worked and not for wasted face-to-face time.

One important thing to consider is licensing. An on-site assistant with a real estate license can do much more for you than a virtual assistant, including solicit new buyers and sellers. On-site assistants with a real estate license are not as restricted in what they can and cannot do for agents, so think about what you will need your virtual assistant to do and make sure you are complying with your state laws.

Email Jennifer Riner.

Editor’s note: This story has been updated to correct an error involving how real estate agents are paid. Virtual assistants are paid hourly, not agents.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription