Property management can be a rewarding career when done right. But why are so many professionals leaving? Statistics reveal that 49% of all property managers are considering a career change. In fact, over the past two years, more than 30% have walked away. What's driving this mass exodus? Is hiring a property management virtual assistant really the best way to avoid burnout? Let’s answer those questions below!
Discover 3 Ways to Enjoy Stress-Free Property Management
Prioritize Work-Life Balance
Long hours, sudden issues, and an unending list of responsibilities—it's all too easy for the boundary between professional and personal life to fade when you’re managing properties. Luckily, work-life balance is possible. You can excel in this job without giving up precious time.
Our solution? Delegate tasks to virtual staff. If you aren’t ready for that yet, though, we have some other practical tips on how you can prioritize work-life balance in property management.
Set Clear Boundaries
Property management is demanding, often stretching beyond the typical 9-to-5 schedule. To maintain balance, start by setting firm boundaries. Decide when your workday begins and ends, and stick to it as much as possible. Make it clear to clients and colleagues when you are and aren't available, except for true emergencies.
But if the goal is to provide excellent customer service and not miss a new owner lead, we highly recommend that you at least ensure that your calls are always answered by hiring a property management call center. It’s not as costly as you think. Phone Tenders 24/7 Call Center, for example, offers 24/7 phone support starting as low as $97 a month. Schedule a demo to learn more!
Organize Tasks
Overwhelm is common in property management due to unexpected issues and a never-ending to-do list. That’s why it’s important to learn how to prioritize.
Use a simple system: categorize tasks into urgent, important, and low priority. Handle urgent issues first, schedule important tasks for uninterrupted times, and fit in low-priority tasks as your day allows.
Embrace Self-Care
Neglecting personal well-being is a trap many property managers fall into. To prevent burnout, integrate self-care into your routine. Aim for a balanced diet, regular exercise, and adequate sleep—these are essentials, not luxuries. Prioritize your health to maintain your energy and focus.
Spend Quality Time With Family
Balancing a career in property management with family life requires conscious effort. Commit to spending uninterrupted time with your loved ones. Whether it's enjoying meals together, exploring on weekends, or relaxing at home, spend more time with your family and resist the urge to check emails or take work calls during vacation.
Delegate Tasks
According to the Author of Developing Leaders Around You John Maxwell, “If you want to do a few small things right, do them yourself. If you want to do great things and make a big impact, learn to delegate.”
Effective delegation allows you to extend your capabilities through others, and for property managers, this can often mean bringing on a virtual assistant to help manage the load.
What You Are Missing Out On
Here are the things that you could be missing out on the more you resist delegating tasks to affordable virtual staff:
- Saving Time for What Matters Most: A dedicated virtual assistant can handle routine administrative tasks, allowing you to focus on crucial decision-making and high-level tasks.
- Cost Savings Compared to Hiring In-House Staff: Virtual assistants provide property management help without the overhead associated with additional full-time employees, such as office space or equipment. Our hourly rate for a dedicated virtual assistant starts at just $8.25 an hour.
- Scalability and Flexibility: Our month-to-month contracts make it easy to adjust your virtual assistant support based on your needs each month. This flexibility means you're always equipped with the right help, exactly when you need it, with no long-term commitment.
- Better Work-Life Balance: With a virtual assistant taking care of routine property management tasks, you can reclaim more personal time, reducing stress and enhancing your overall quality of life. This balance is crucial for maintaining productivity and satisfaction in both your professional and personal life.
Tasks Your Virtual Assistants Can Do for You
For property managers considering our virtual assistant services, here are a few of the many tasks that are best outsourced to us:
- Handling Communications: Manage emails and phone calls to ensure timely responses to owners and tenants.
- Scheduling and Calendar Management: Organize appointments, viewings, and maintenance schedules without conflicts.
- Document and File Management: Keep property files and tenant agreements organized and accessible.
- Marketing Properties: Assist with posting property listings, updating rental websites, and social media management.
- Tenant Screening: Conduct initial screenings to streamline tenant selection.
- And More: Any tasks that can be done online or on the phone.
Delegation isn't just about managing tasks—it's about managing your well-being. What a virtual assistant does best is take the heavy lifting off your plate, reduce your stress, and ensure you prevent burnout. Make the smart choice: hire a VirtuallyinCredible rockstar property management virtual assistant today!
Seek Professional Support
Avoiding burnout in property management takes more than just keeping up with daily tasks; it's also about constantly improving your knowledge and building strong connections. Professional support is essential for this. It transforms everyday challenges into opportunities for growth and keeps you at the forefront of the industry without draining yourself.
Here’s how you can access the best resources and expand your professional circle:
Connect With Industry Leaders: Stay on top of the latest trends and insights in property management by reading expert blogs and following industry leaders. Subscribing to newsletters is also a great way to keep informed about new strategies and updates. These resources are essential for staying updated and making smart decisions.
Attend Conferences: Nothing beats learning from experts face-to-face. Conferences not only offer the latest industry knowledge but also provide networking opportunities that can lead to supportive professional relationships.
Utilize Professional Services: Consider services tailored to property managers, like virtual assistant services and call centers. These can streamline your operations and free up your time for more strategic activities.
Enjoy Stress-Free Property Management With the Help of Virtual Assistants
Reclaim your time and reduce stress with the help of VirtuallyinCredible. Discover how our dedicated virtual assistants can help you achieve a better work-life balance and excel in property management. Book a demo today to see how we can transform your workload. Let us help you manage your properties with ease.