Virtual offices are an obvious office space solution for startups, entrepreneurs, and freelancers. But, they are also a viable office space for more established businesses, such as a real estate agency. Customers (and your employees) are more mobile and require more flexibility, and virtual offices can provide that without having to make a ton of changes. Here’s how Fairfax virtual offices, and other virtual offices around the country, can benefit real estate agents:
Increase Your Reach Throughout the City
Most real estate agents don’t work with properties in just one part of town. Properties are spread throughout the city, and having just one office can make it difficult (and costly) to meet clients and to travel across town to check on these properties. With a Fairfax virtual office (or several virtual offices, or a virtual office in the city in which your located), your agency can have one primary address while having other locations that are suitable for meeting clients and are closer to your properties than the main office. Those who can’t meet you at the main office have another option, while you and the agency can save time and money by reducing travel time.
Expand Without Having to Rent a Large Office Space
If your real estate agency is considering opening a second office, or even expanding into another city, then a virtual office is a great way to do that expansion for less. If the second office or the new market doesn’t work out, then you can get out much more easily because you would have invested less into the expansion. With a virtual office expansion, you also don’t have to pay for the rent and utilities of the new location (or you can opt for something smaller), reducing the cost of the expansion while also allowing employees to telecommute.
The Overhead is Ridiculous in the Traditional Solution
If you don’t have a Fairfax virtual office, then your realty is probably spending a bundle on rent and utilities. On top of that, you need to make sure that there’s enough for all your employees and that there’s a meeting space (or several) to meet with clients and to hold company-wide meetings. This means you have to spend money on chairs, cubicle dividers, computers, phones, and other office amenities, as well as replace all those office amenities over time. That’s a lot of work and money that a virtual office will take care if you choose to make the switch. When you do make the switch, that money could go towards training employees, upgrading technology, hiring more employees (and allowing them to work from home), or even marketing the business and its properties. After all, you are in the business of buying and selling properties, not the business of maintaining office spaces.
Keep Employees Happy (and Attract Better Employees)
The agents that work best in a virtual office or telecommuting setting are those that are self-motivated. Self-motivated employees are a great thing to have in your realty, and if virtual offices will attract those kinds of people while keeping your best employees around, then why not make the investment? Your realty is only as good as the agents you have, and it’s critical to invest in them with mobility, trust, and career development. Offering this type of flexibility means that you don’t have to lose productivity because life events get in the way, or because someone is sick. A virtual office allows these people to work when they have the time, or to work from home because they are sick.