Realtors are continually looking for better ways to connect with clients and co-workers. Not surprisingly, communicating with other real estate co-workers can be genuinely challenging for many real estate professionals. This is most likely because a real estate agent’s life is in flux due to its bond to the everchanging housing market.
But, connecting with the right people at the right time is crucial for a broker to close deals, maintain client relationships, and grow their profit margins. For years realtors have relied on a physical space – such as a real estate office, to liaise with co-workers and real estate professionals. While having a central location to conduct business was essential, it hasn’t been convenient.
Fortunately, a new technology called virtual workplaces provides today’s realtors with more freedom and flexibility than ever before. eXp Realty was the first brokerage to embrace the virtual office in 2012. Since then, agents have flocked to our virtual workspace platform, and it is likely why it’s one of Glassdoor’s best places to work in 2021.
Today, we’re sharing five reasons why the virtual workspace is so compelling for realtors.
Instant Transactional Support
Needing answers to pertinent questions that are also time-sensitive is a common stress real estate agents endure. The pressure to resolve and complete transaction issues when working through a deal can be immense as the stakes may be very high. And, when the people you need to connect with are unavailable, the potential for a sale to fall through may arise.
When submitting essential paperwork late into the night, reaching a co-worker to resolve a detail isn’t always possible and can threaten the deal. This is where virtual workplaces can be a life-saver for agents under a tight deadline. In eXp Realty, for example, their virtual workplace makes it possible for agents to communicate with experts and complete tasks all hours of the day.
Virtual Workplaces Promote Professional Collaborations
Most real estate transactions involve at least two qualified agents. And the better those agents can communicate with each other, the easier it is to hash out conditions and finalize a sale. This is why collaborating with other like-minded brokers is essential to streamline and grow a property business.
A virtual workplace can be created to encourage new collaborations among agents and support existing relationships. It allows realtors to connect in real-time and find the right people in their virtual team needed for almost any given situation.
eXp Realty’s Agents Collaborate in the Virtual World
For example, in eXp Realty’s virtual work environment, agents looking for new collaborations and expert advice can log into the platform and find solutions to their queries.
When agents collaborate in a virtual workspace, they can often access other remote working agents all hours of the day, seven days a week. This gives eXp Realty agents more freedom and flexibility when arranging their preferred schedule.
Training is Relevant and Accessible In a Virtual Workplace
Regular professional development and training seminars are part and parcel of real estate agent life. Staying up to date with market trends, new technologies, and evolving client needs is crucial for a driven entrepreneur to move forward in business.
Traditionally, top performing agents spend much of their time and money attending training events, which can alienate professionals with fewer earnings and experience. And not all available local events are relevant to an agent’s current training needs.
When working from within a virtual workplace, relevant professional development opportunities are easily accessed by all who seek it, not just top-producing, established agents. In eXp Realty’s virtual world, daily training sessions are always available to professionals who are members.
Find Lead Generation Sources
When not in the process of nurturing and closing a deal, real estate agents spend most of their time tracking down potential buyers and sellers. As every established broker knows, leads can come from almost anywhere – including from other industry professionals.
When agents have a regular place to go that enables them to connect and network with other realtors, quality leads can be generated.
Connect In Distant Locations
For example, an agent whose client is relocating may need help finding a broker in their destination city. In a virtual workplace environment, that agent can easily connect with a team member in the new location, potentially sharing commission on that deal as well.
A Place for Motivation and Networking
Brokers, agents, and all real estate entrepreneurs need to find effective ways to remain motivated while running their business. The property industry is a moving target. It can seem generous to a fault one season but excessively fickle the next. Getting through these natural ebbs and flows of the housing market can be easier with positive motivation.
Connecting with experienced agents who have experienced similar challenges can be an uplifting source of encouragement. Virtual workplaces can become platforms that allow realtors to connect for support, advice, and motivation.
Find More Tips to Leading a High Growth Life!
Leading a High Growth Life stems from making your time, money, and efforts result in multiple gains and benefits. In the real estate industry, changing how agents do business can help them adopt a lifestyle with less work, more money and more time to spend with their loved ones. To alter your real estate career towards a positive direction, connect with our top 1% agents, Phil and Randy.