The Essential Differences Between Being a Virtual Assistant and Remote Employee
In property management, employers and the workforce are hearing the term "virtual assistant" more frequently than ever before. You may be wondering what this means and whether or not it's something that you would want to pursue. You might also wonder if you already are a remote employee—or a VA!
If so, then this blog post is for you! Today we'll explain the difference (and similarities) between being a property management virtual assistant versus a remote employee for a property management company. We'll also discuss some of the benefits and drawbacks to each role in terms of salary, job expectations, and opportunities for advancement.
You Can Be Both (But Are You)?
When working for a property management company, you can be both a remote employee and a freelancer when working with a property management company. However, not all remote property management employees are virtual assistants.
We learned throughout the past year that working from home became necessary to keep businesses running—even in the property management industry. Employees became "remote" employees simply because they had to work at home to stay safe!
As workforces return to a more normal way of life back in the office, many property managers have realized that a remote workforce is an excellent way to grow their teams and expand services. Hiring a virtual assistant allows business owners to get more hands on deck--without many of the costs that come with hiring an "employee!"
As a VA, you have a tremendous opportunity to find roles that fit your skills in the property management industry while being the ideal fit for companies and their hiring budgets.
What's the Difference Between "Remote Employee" and "Freelance VA?"
Freelance means you aren’t an employee of the company. You could have an exclusive working arrangement, but you’re not a W-2 employee. You’re not eligible for any benefits (like health insurance or a 401k). You can be an independent VA and remote employee, but not all remote employees are virtual assistants.
Remote workers can be company employees and receive benefits, including paid time off and health insurance. A company can offer benefits to a freelance worker (or virtual assistant). However, many companies that choose freelance workers opt not to offer benefits outside of pay.
That doesn't mean virtual assistants have to do without critical things like health insurance! You have the flexibility to set your pay rate to the level you need to cover expenses, purchase health insurance, and support your lifestyle.
How Can You Find Your Fit as a Property Management VA?
Virtual Assistants for property managers typically do administrative tasks such as data entry, scheduling appointments, email responses, and other work that doesn't require face-to-face interaction with clients or property managers. They may occasionally have to prepare reports on a project or property in order to present it to the property manager.
When accepting a role with a property management company, make sure you understand your role as a freelancer versus a remote employee. Many property management companies are looking for freelancers with the skillset of a VA, so there are plenty of jobs out there with the right resources to find the opportunities you're looking for.
Use the Best Resources
To find your fit, look for property managers that offer remote jobs with freelance opportunities to get an idea of what you're in store for. A property management job hub is an excellent place to start! Choose opportunities that fit your skill set, whether you have experience in the property management industry, as a bookkeeper, or with any of the other roles that property managers need from experienced VAs.
Finding jobs as property management freelance VAs is no different than finding other freelancing positions—you'll need to be flexible and patient as you look for the property management job that's right for you. Post a thorough profile to serve as your resume. Outline your skills and the type of role you're the best fit for! Then watch the requests come in for interviews through a quality VA job hub for the property management industry.
Can My Role Change?
If you start as a virtual assistant, can your role change to become an employee for your best property management client? Yes! When a property manager is pleased with your work and wants to offer the opportunity for you to come on staff, you're doing an excellent job as a virtual assistant!
You can still operate as a VA, but if your role changes to becomes an employee (rather than continuing as a freelancer), make sure you understand that your pay structure and tax responsibilities might change. If you prefer the freedom and flexibility of being your own boss as a property management VA, there are plenty of opportunities to build your career that way!
Choose the Best Property Management Virtual Assistant Job Hub
When it comes to your remote job search, quality matters. You need a destination where you can find the perfect opportunity in an industry that’s hiring and is in demand right now. It doesn't matter if you're looking for a freelance career or are searching for the next full-time gig—start with good opportunities first! Virtual PM Solutions is here to help.
Learn more about being a virtual assistant in the property management industry. Download our free guide, "Launching Your Career as a Property Management Virtual Assistant," today!