Real Estate Offshoring: Where is the perfect offshoring destination?
The Real Estate Offshoring Big Five
The pandemic has led to a rise in real estate offshoring activity. Not only does it lower operational cost but it also helps with complying with social distancing measures.
The top five outsourcing country destinations in the world include: China, The Philippines, Taiwan, Ukraine, and Vietnam.
The Six Factors
Here are six factors to consider in choosing the right country you should offshore to:
Choose the country that specialises in the Industry you are in. Make sure that their technology matches with yours.
2. Business Language Spoken
Not all Business Process Outsourcing countries speak English. Offshore to a country that shares your business language.
3. Government Support
Government support determines the success of your offshore venture. Look for government support in employment regulations, tax relief, and public infrastructure.
4. Currency Rate
Consider the volatility of different markets, the exchange rate between countries and their fluctuation overtime to ensure that you are saving money and not losing them.
5. Cultural Compatibility
It helps to offshore to a country that shares or understands your
culture. It lessens tension and creates harmony between the onshore and offshore team.
6. Time Zone Difference
Take note of the difference in time. Make sure the country is able to provide service during your business operating time.
Here’s why we chose the Philippines after years of careful study and evaluation:
1. English Proficiency
English is the second language of Filipinos. The country is also ranked 2nd in Asia for English proficiency, making it an ideal offshore base.
2. Work Ethic
Filipinos take pride in their work. They have a high regard for professionalism and they respect and value others’ time.
3. No Time Zone Issue
Australia and the Philippines only have a 2 hour time difference which means your global team will work during your business hours.
4. Low Cost of Living
Save up to 70% on employment costs.
5. Cultural Compatibility
Filipinos are open-minded which allows them to easily relate and connect to people from all around the world.
If you find your Agents and Property Managers spending more and more time on the office than in the field building client relationships, consider moving their admin tasks to the Philippines.
Universal Property Systems offers seamless and hassle-free offshoring services to Real Estate agencies in Australia and New Zealand. Run by licensed Real Estate professionals, you can rest assured that our services won’t just be a band-aid solution to your problems but rather a long-term function for the growth and stability of your business.
Call us at 1300 855 111 for a free consultation or email us at email@example.com.