In the not too distant past, I too have been guilty of using multiple assistants to help me with my BPO orders. My BPO team consisted of this: two people to help me do the data entry side of the BPO orders, with one of my teammates helping by taking photos in a nearby county which was about 30 miles from where I covered. This helped me to expand the territory that I covered as well as have help with the side of my BPO business that I grew to dislike very much....the data entry side.

I had to learn the hard way about what works and what doesn't. For me it was just too expensive and stressful to manage a team. I found that after almost a year and a half of contracting/outsourcing the data entry and some of the photo taking to others that my profit margin was greatly affected, even with having a steady, consistent flow and high volume of BPO orders.

In my top month, May 2008, we brought in a gross amount of $4,080 and we did over 70 orders that month. After paying all of the overhead and contractor expenses, which was around $1620.00, my net amount was $$2,460.

Although, this is great money considering that I had other people do the part of the work that was very time consuming and what I found to be monotonous (the data entry side), the amount of stress that came along with all of the bookkeeping and management side was over the top at times. So, for me it just wasn't worth continuing along with this set-up. Then came PLAN B!

I went back to doing all of the aspects of the BPO's myself and quickly found that I dreaded doing the data entry side of my orders and was not looking forward to it, even though the money that I was getting now was more than when I was using outside help.

A few months ago I learned about a way to automate the data entry side of my BPO orders. Since using the software I am able to cut the total amount of time it takes me to do the data entry side of my orders to half. It typically takes me 20-30 minutes to fill in a full BPO order (3 Sold/3 Active and all the basic info), now it takes me around 10-15 minutes to complete the whole thing. This includes pulling the comps and organizing the data. The actual using and running of the automation feature within the software takes just seconds. So the hardest part it picking the comps.

To learn more about how you can automate your BPO and REO orders, I'd like to invite you to check out my website. I've just released a new eBook that is entitled, "All You Ever Wanted to Know About Automating Your BPO Orders."The cost is only $49.99 for the eBook. It will pay for itself easily with the first BPO order you automate.

Do yourself a big favor and come check it out!  Especially, if you are currently using an assistant to do the data entry side of your BPO and REO Orders.

Best Wishes,

Nicole Ocean

BPO Trainer/Realtor

www.nicoleocean.com

 360-223-2482

 
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1 Comments on If You're Using An Assistant To Help With Your BPO Orders, You Must Read This

NOV
07

What automation software do you use? I am doing 70-120 BPO a week myself with no automation. I do all the data entry and sometimes outsource the pics, but overall, I also take most of the pictures.

7:45pm • #3

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Nicole Ocean

Bellingham, WA

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Nicolesdreams eBooks & BPO Automation Group

Address: P.O. Box 382, Ferndale, WA, 98248

Office Phone: (360) 223-2482

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