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Quick Virtual Assistant Cost Analysis

By
Services for Real Estate Pros with Creative Agent Solutions

Let's say you needed someone to post to your blog and maintain your website leads.  For example you have approximately 36 leads per month that come in through your various websites and you have 2 blogs that need 3 posts per week.

It takes a virtual assistant about 20 minutes for 1 blog post.
2 blogs x 3 posts per week = 6 posts per week
6 posts per week x 20 minutes per post = 120 minutes (2 hours per week)
2 hours per week x 4 weeks = 8 hours per month

36 leads per month / 4 weeks = 9 leads per week
9 leads per week / 7 days per week = 1.29 leads per day
It takes a virtual assistant between 2-8 minutes to follow-up with a 1.29 leads per day
For the purpose of this calculation we will round it up to 10 minutes
10 minutes  x 1.29 leads per day = 12.9 minutes per day
12.9 minutes per day x 30 days per month = 387 minutes
6.45 hours per month

8 hours + 6.45 hours = 14.45 total hours per month

14.45 hours x $48 per hour= $693.60

Can you find an accountable and detail oriented assistant that is always on time, never calls in sick, and does not need babysitting for only $693.60 per month?

Maybe instead of blog postings and lead management you need internet research and data entry...or maybe appointment setting and online marketing.  Virtual Assistant services are pretty much ala carte so you can customize your perfect service package as you wish.

Posted by

Sarah Reiter
Founder
Creative Agent Solutions
www.VirtualCAS.com

Dwayne West
Atlanta Real Estate - Canton, GA
Canton Georgia Real Estate
In regards to the blog posts do you allow your client final editorial approval?
Dec 17, 2007 12:54 AM
Anonymous
Sarah Reiter
If they want it.  This would involve saving the posts as a draft and then the client log in and publish it... Or the blog post is sent to the client first requiring approval.  However, most agents have multiple blogs.  It is recommended that the agent create his/her initial post and then have the assistant post variations of it to all of their social networking sites and additional blogs.  Either that or the agent post 1x per week on his/her own with local information and his own style while the assistant posts related information that is not time sensitive.
Dec 17, 2007 01:04 AM
#3
Lance Winslow
The Car Wash Guy - Malibu, CA
Ha, I knew it, very smart Sarah for the excellent monetary cost/reward breakdown here, actually, I totally agree with you, makes perfect sense to me.
Dec 26, 2007 06:18 PM
Justin Williams
Independent - Virginia Beach, VA
Loan Officer
Hi Sarah, Best of luck with you and your company.  What a brilliant idea, makes sense in what you guys do, can we do this ourselves sure...but time is money right :)
Mar 07, 2008 01:52 PM
Jeff McLaughlin ~ Silicon Valley Realtor
Alain Pinel Realtors ~ Los Gatos Ca - Los Gatos, CA

Sarah, can you post or email me your minimums monthly fees, any contract commitements from us, etc. so i can determine what it would costs to start out slowly and see how it works out for me?

Thanks

Jeff McLaughlin

jmclaughlin@apr.com

Aug 19, 2008 08:22 PM
Anonymous
Sarah Reiter

Jeff,

It depends on the services you are interested in?

Aug 21, 2008 03:28 PM
#7