What is a Virtual Real Estate Brokerage?
One of the best perks of working in real estate is the flexibility to work from practically anywhere. As agents have become much less dependent upon coming into an actual office, brokers are taking notice. Consequently, virtual real estate brokerages are slowly becoming the norm. A virtual office, also often referred to as a “cloud-based office,” can be described in one word: paperless. This means that the brokerage is being run entirely online, and agents can conduct their business entirely online as well. With a virtual real estate brokerage, there is no need for faxing documents (who still owns a fax machine, anyway?), no more waiting ages to get a signature from the broker, no floor time requirement, and the best part: direct deposit.
Virtual vs. Brick and Mortar
Sounds great, but you’re not convinced. Sure, a virtual real estate brokerage may seem like the more convenient option, but how can you be sure you’ll receive the same support as a traditional office? What opportunities will you have to make relationships with fellow agents at your brokerage? A well-run virtual real estate brokerage, like NB Elite Realty, is more than capable of providing transaction, broker, and technical support. In addition, they can also provide exceptional training and mentoring that an agent would expect to receive in a traditional brick and mortar office. Keep this in mind when looking for a virtual real estate brokerage to work with. Ask them how they can help you succeed as an agent if you hung your license with them.
Working in a virtual real estate brokerage also gives agents the opportunity to interact with agents in other regions of their state, and even other parts of the country. Ultimately, this leads to every agent’s favorite word: referrals! Chances are, colleagues in a traditional office live in areas close to your home. Therefore, they end up being your competition. In a virtual real estate brokerage, you’ll find agents of all kinds of expertise levels, talents, personalities and experience – you can always learn something new.
Going Virtual
The virtual model was essentially designed for busy real estate professionals. If structured adequately, virtual real estate brokerages can provide a real sense of belonging, and not just . More and more agents are recognizing the benefits that come from working in a cloud environment. Agents can operate their business much more quickly, and develop lasting relationships with agents from around the country.
NB Elite Realty, a Virtual Brokerage
At NB Elite Realty, we provide: a motivating atmosphere for professional development through online webinars and in-person events, a document management team that inspects agent documents for compliance, an online administrative team that assists agents with their day-to-day concerns, and online accounting team that handles all payment-related questions, and 3 brokers that are readily available to support agents. For us, it’s important for our agents to develop relationships with their colleagues and staff. Learn more about our team here.