Outsourcing virtual employees is consistently gathering traction in today’s highly-digitized economy. According to a report on the global trends in real estate outsourcing by the Cushman & Wakefield firm, there are several reasons real estate business owners gravitate toward outsourcing: the rising costs, the competitive nature of the industry, the need to abide by regulations, and the increasing need to create improved products. So what does outsourcing bring to the table? This article delves into how outsourcing can cover all of these problems.
Benefits of Outsourcing for Real Estate Firms
Cost Savings: A Key Driver
Change is consistent in real estate and with rising prices, it’s more cutthroat and difficult to turn a profit. This is where outsourcing comes in. You will have access to Filipino professionals at a reduced cause than that of any in-house team member.
The book “Outsourcing America: What’s Behind Our National Crisis and How We Can Reclaim American Jobs” by Ron Hira and Anil Hira describes how outsourcing can bring in cost savings of 30% and up to 70% hiring in-house.
Access to a Highly-Skilled Workforce
Mark J. Power’s “The Outsourcing Handbook: How to Implement a Successful Outsourcing Process” shows the advantage you will have when you outsource to the Philippines. With a high number of educated professionals who can communicate fluently in English, the country is the premier hub for outsourcing talent.
Culture of Gratitude and Dedication
Filipino virtual employees are known for their positive outlook toward fair wages and meaningful tasks provided by Western business owners. Thus, they are willing to produce quality outputs and dedicate themselves to completing tasks efficiently. Evident in the rise of the business process industry in the country, it is evident that a strong ethic comes with hiring from the Philippines. The productivity and efficiency of Filipino virtual employees can also result in improved cost savings as well because of the time saved.
Addressing Common Concerns
a) Quality and Reliability: Marc J. Feldman described in “Business Process Outsourcing and Offshoring: The Complete Guide” just how far ahead the Philippines is in terms of its outsourcing industry; it’s well-established and known for high-quality services.
b) Data Security: You will need to choose a service provider that takes your data privacy seriously. They must have robust measures established to protect your confidential information.
c) Cultural Fit: Filipino virtual employees are adaptable and familiar with Western business practices.
The Bottom Line on Why Outsourcing to the Philippines Can Bolster Your Cost Savings
The real estate industry is constantly changing, and you too might need to MOVE toward outsourcing. For your outsourcing needs, look no further than MOVE, Managed Outsourced Virtual Employees. Watch your real estate business gain an efficient team and rack up on cost savings and grow your business.