Notes
Slide Show
Outline
1
Who Am I?
  • Joan Prout
  • Broker Sales Associate
  • RE/MAX Villa REALTORS
  • 306 Grove Street
  • Jersey City, NJ 07302
  • Phone: 201-946-2700 x310


  • www.JoanProut.com
  • JoanProut@remax.net
2
Joan Prout
  • 12 years in the industry
  • Broker's license, ABR and e-pro designations
  • 8th anniversary with RE/MAX this week
  • BA in Sociology
  • MBA in Management
3
My Market
  • Urban and diverse
  • Jersey City is a mature community of just under 250,000 people living in about 14 square miles
4
My Market
  • Lowest sales price $70,000
  • Highest sales price $675,000
  • Average sales price $225,000
5
Challenges
  • No lockboxes
  • No direct owner contact
  • No broker open houses
  • Antiquated, stripped down mls that is not internet based.
    • - Can't download to TP
    • - Can't self load listings
    • - Listings are hand-written and mailed
    • - Cannot be searched by public
    • - Can't email or fax listings directly to prospects, or set up automatic SOAR searches

6
What is a VA?
7
What Can a VA Do?
  • Prepare and send CMAs, listing packages, presentations, and closing gifts.


  • Listing Coordination:
    • - Input listings into Multiple Listing Service (MLS) and handle Multiple Listing Service changes
    • - Draft advertising copy and promotional materials
    • - Create and order flyers, and postcards
    • - Place advertising
    • - Create Virtual Tours
    • - Maintain company and personal websites
    • - Just Listed/Sold cards
    • - Input listing into Top Producer database

8
What Can a VA Do?
  • Client care services
    • - Reviewing and keeping track of website hits, showing appointments, and other activity
    • - Creating, maintaining and sending activity reports to sellers

  • Schedule showings, closings, and inspections.


  • Maintain mailing lists and email databases.


  • Address and mail open-house invitations and thank you notes to open-house attendees.


9
What Can a VA Do?
  • Mail expired and for sale by owner (FSBO) and expired listing letters.


  • Assist with organization of agent tours.


  • Perform other administrative, clerical, and personal activities for which a license is not required.


  • Coordinate closings.
10
How Do I Find A VA?
  • MSVSP
  • Military Spouse Virtual Assistance Program



  • IVAA.org
  • International Virtual Assistants Association



  • REALTOR.com



  • REVA Network
  • Real Estate Professionals and Virtual Assistants



  • RealSupport Inc.
  • Carrie Gable - my assistant
11
Why shouldn't I just hire a
local assistant for half as much?
You Fill In The Blanks...
12
How Do You Pay a VA
  • Purchase time and when the time is used up you recharge it...
13
Listing Task Breakdown
14
My Story With a VA
  • May 2002:
  • - Michael Russer aka Mr. Internet
  • speaks at RE/MAX of NJ Spring 2002 Sales Rally


  • August 15, 2002:
  • - Russer.com to IVAA.org to review services


  • August 22, 2002:
  • - Hired Carrie Gable, RealSupport Inc.


15
Tools of the Trade - Broadband
  • Broadband - High Speed Data Connection
    • - Digital Subscriber Line (DSL)
    • - Cable Modem
    • - Wireless Internet
    • - Satellite
16
Tools of the Trade - GoToMyPc.com
  • 1-PC Monthly Plan $19.95 per month


  • 2-PC Monthly Plan $29.95 per month


  • 3-20 PCs Additional PCs are $14.98 per month
17
Tools of the Trade - Airborne Express
  • Pre-list Packages
  • Custom Music CDs
  • Other gifts/documents
  • Cheaper than local delivery!
18
Tools of the Trade - eFax.com
  • Your VA can send faxes from your "fax machine".
  • eFax costs $12.95 per month, with a one-time $12.95 fee to activate your account.
19
Tools of the Trade - Mangomind.com
  • $29.95/month: One Internet drive for 5 users with 50 MB of managed Internet storage.
  • $59.95/month: One Internet drive for 10 users with 100 MB of managed Internet storage.
20
Tools of the Trade - Scanner
  • Automatic Document Feeder!!
  • Adobe Acrobat
  • Paperport
  • Paperless office
21
How It Works... (just 1 email and...)
  • Updates our Current deals spreadsheet and adds new listing to Top Producer – these are updates w/ info as we proceed
  • Input listing into 2 Multiple Listing Services, verify accuracy, add photos
  • Joanprout.com - add new listing to Home Sale page and featured listing page, photos and tour link.
22
How It Works Continued...
  • Email Blast - 2 MLSs and my personal database (450+)
  • Logging on to my computer Carrie creating rules for emails that come in for the particular property and create Email Signature for outlook (HTML version)
  • Create Visual Tour - Tourfactory.com
  • Remax-nj.net - Enhance with photos and copy (HTML)
  • Create Flyer for approval, then order flyers to be delivered to property
23
How It Works Continued...
  • Fax Blast - 200+ Real Estate Offices (using flyer)
  • Send flyer to SWEDEN OFFICE
  • Realtor.com - enhance Listing w/ photos, caption, scroll, etc (3 accounts)
  • MLS updates (any last updates, changes, etc)
  • Places Newspaper Ads
  • Status Report listing all marketing activity to the happy seller!!


24
Our Internal Check Lists
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Our Internal Check Lists
26
How it Was vs. How it is Now
  • Websites
  • Then: Template websites
    Now: Custom website


  • Co-broke showings
  • Then: I scheduled all showing appts
    Now: Carrie schedules


  • Seller feedback
  • Then: I gave sellers feed back occasionally
    Now: They get comprehensive weekly reports (example next screen)


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Sample Weekly Status Report
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How it Was vs. How it is Now
  • Pre-list packages
  • Then: I sometimes sent them (printed each as needed) and certainly didn't keep records of who got them
    Now: Carrie sends them via Airborne.


  • Listing data input into 2 MLS
  • Then: I did it
    Now: Carrie does it


  • Price adjustments
  • Then: I called a few realtors and prospects
    Now: Carrie does email blasts, and makes calls to realtors.
29
Other Information on VAs
  • Mr. Internet
    • - ePower New (epowernews.com)
    • - Book - "Transform Your Business Using a Virtual Assistant" (for Real Estate Professionals)
    • - http://www.russer.com/