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#401132 - 02/13/12 05:16 PM Anyone here ever use an assistant on a per-deal basis?
RaquelMangual Offline
Member

Registered: 03/18/07
Posts: 378
Loc: Philadelphia, PA, USA
I feel like I need an assistant, but can't afford one on a regular basis. I know that some brokers use conveyancers on a per-deal basis. Has anyone used or heard of agents hiring assistants in the same way?
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#401174 - 02/14/12 09:24 AM Re: Anyone here ever use an assistant on a per-deal basis? [Re: RaquelMangual]
estatereal Offline
Major Contributor

Registered: 01/27/07
Posts: 2779
Loc: LAND OF THE FREE!
my thoughts are that you should not get one until you have more money than time. if you dont have the money, i would say to try and be more productive with the time you are using until you have more money.

people often make a hire to soon as it is enticing to have someone do things for you.

i apply this theory to every aspect of my life.

housecleaner
lawnmower
contractors fixing things and doing upgrades
buyer agent
listing agent
admin

i hire all of htem because i can make more in the time that i free up that will pay me profits and pay thier salary....if you cant pay your help and make a profit, why have the help.

first thing i would do is spend a few months working on making your day more structured.

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#401682 - 02/20/12 07:02 AM Re: Anyone here ever use an assistant on a per-deal basis? [Re: estatereal]
NC Broker Offline
Member

Registered: 06/22/07
Posts: 93
Loc: USA
Originally Posted By: estatereal
my thoughts are that you should not get one until you have more money than time. if you dont have the money, i would say to try and be more productive with the time you are using until you have more money.

people often make a hire to soon as it is enticing to have someone do things for you.

i apply this theory to every aspect of my life.

housecleaner
lawnmower
contractors fixing things and doing upgrades
buyer agent
listing agent
admin

i hire all of htem because i can make more in the time that i free up that will pay me profits and pay thier salary....if you cant pay your help and make a profit, why have the help.

first thing i would do is spend a few months working on making your day more structured.


^^^^^ This... Excellent Advise!!!

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#402153 - 02/26/12 02:37 PM Re: Anyone here ever use an assistant on a per-deal basis? [Re: RaquelMangual]
Muddy Offline
Junior Member

Registered: 02/26/12
Posts: 1
Loc: Florida
The only caveat I would add to estatereal's good advice would be that if your strengths lie in other areas than the one you're hiring for, perhaps hiring someone with the appropriate experience and skills will save you money in the long run.

That being said however, a good rule of thumb is if you can do the job yourself (have the time and skill), do it yourself.

You said:

[quote=RaquelMangual]I feel like I need an assistant, but can't afford one on a regular basis.[/quote]

The truth is, if you really are at a point where you [b][i]need[/i][/b] an assistant, you'll be able to afford one.

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#402657 - 03/04/12 08:09 PM Re: Anyone here ever use an assistant on a per-deal basis? [Re: Muddy]
minna Offline
Member

Registered: 12/04/08
Posts: 299
Loc: USA
I dont know about that...I had the time and the skill,but when I got my first admin assistant my production about tripled because I was able to focus more of my time on higher income producing activities.

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#402658 - 03/04/12 08:14 PM Re: Anyone here ever use an assistant on a per-deal basis? [Re: minna]
minna Offline
Member

Registered: 12/04/08
Posts: 299
Loc: USA
But to answer the original question - no not on a per deal basis. hourly plus per deal. It will hard to find a good admin person who will work on commission.
It was a little hard at first. In the early months, there were some times when my personal bills waited to get paid, because I had to pay the assistants wages and that took priority. But it took maybe a few months until I worked it all out and the extra income paid for her and my own income multiplied.
If you suspect you need an assistant - you NEED an assistant.
Looking back I wish I had done it sooner.


Edited by minna (03/04/12 08:15 PM)

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#405728 - 04/27/12 07:50 AM Re: Anyone here ever use an assistant on a per-deal basis? [Re: RaquelMangual]
RaquelMangual Offline
Member

Registered: 03/18/07
Posts: 378
Loc: Philadelphia, PA, USA
All the offline advice I'm getting is similar: you'll need an assistant when you have so much business that you don't have time to do the necessary admin tasks. So I'm working on it :-)
_________________________
Philadelphia Real Estate Blog
Yo Hablo Espaņol
Want to make extra money on each transaction? Then watch this video.

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