A key strategy for Real Estate Principals looking to grow or scale a successful agency is to outsource processes that do not constitute part of the agency’s core business. This strategy allows agencies to refocus on high-value, revenue-generating activities that will ultimately result in strong revenue growth and improved profit margins.
In Real Estate, success is measured by the number of properties you sell and the size of your rent roll. Outsourcing and offshoring provides Real Estate Agencies the opportunity to focus on selling and managing properties by taking away the highly repeatable, process driven, time consuming administrative tasks, such as back office administration, sales support and even marketing.
More and more Real Estate Agents and Property Managers are seeing the benefits of not only outsourcing to save time, but also offshoring to save money, allowing them more time to focus on truly scaling their business and achieving that elusive sustainable competitive advantage.