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Listen to another great episode with industry leaders in real estate.
The Leveraging of Hiring a Virtual Assistant with Frank Patalano
In this 3 part series, Frank highlights his virtual assistance service company
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Part 1
Things you will learn in this episode:
[00:01 – 05:49] Opening Segment
◠I share some of Frank’s amazing achievements
â— Frank talks about his career journey
â— Frank shares about the background of Real Agent Helper Virtual Assistant Service Company
“The question is not, “Am I able to afford a VA? But how am I surviving without one.â€
[05:50 – 12:24] The Leverage of Hiring Virtual Assistant
â— Strategic work vs Physical work
â— If you want to grow your business, you have to start doing more of the systematic and intellectual approach
â— When you are hiring VAs, you can focus your time on growing yourself and your business
â— Frank explains three main reasons to hire a VA
[12:25 – 21:28] The System of Hiring a Full Time VA
â— The transition from self-employment to business ownership
â— Frank gives an example of assigning a VA in his company
Part 2
Things you will learn in this episode:
[00:01 – 06:59] Task Delegation
â— Frank shares some examples of the real estate sales team with Virtual Assistants
â— The accents of the VAs
â— Identifying those things that need to be delegated
â— Frank shares one of his clients in property management that hires a VA as a full time personal secretary
“In the case of unforeseen circumstances, for example weather, there will be a replacement VAs that we will set up for our clients .â€
[07:00 – 12:24] The Agreements and Contracts
â— Frank talks about the legally binding nondisclosure agreement
â— Frank breaks down how the contract works with the VAs
â— Frank shares an example of how his clients interview and choose a VA
â— Replacement of VAs if needed
[12:25 – 21:34] The Benefit Comparison of the Wages
â— Caller ID System for VAs to take Inbound calls
â— Frank talks about the comparison between the standard cost for a secretary in the US compared to Virtual Assistants
â— The working hours for part-time VAs
â— Frank talks about why the hourly rate of VAs is below the minimum wage in the US
â— Frank gives some examples of big companies that hire and outsource their virtual assistance
Part 3
Things you will learn in this episode:
[00:01 – 08:24] Competitive Advantages
â— Multi-billion dollar companies get a competitive benefit from hiring VAs
â— Frank is answering a question about delegating Skip Tracing and Cold Calling to the VAs
â— Frank talks about the competitive advantages of the industry
â— Frank talks about how the value differences of currency plays a significant role in the benefits
“The more successful you get, you should not be the common slave to your business.â€
[08:25 – 14:04] The Mechanism on Hiring VAs
â— You should be directing your adverts
â— The more successful you get, you should not be the common slave to your business
â— To help your business, you need to focus on growing your clients’ leads, keep looking at deals, finding and researching new inventions
â— Frank explains the mechanism in hiring VAs through his company
â— Hiring affordable help without lowering your standard and the quality of your service
[14:05 – 21:36] Closing Segment
â— How to contact Frank
â— Frank shares about the special deal
â— The concept of growing slowly, with quality and building relationships
â— The great thing about entrepreneurship is we are helping people and get a win-win situation
You can connect with Frank on LinkedIn, and Facebook.
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Angel Williams Host
Reach out to Angel and find out how you can collaborate and come on the show!
Angel@lorrencapital.com
lorrencapital.com
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