Key Notes From Our Podcast w/ Brian Murphy
One Man’s Journey through Insurance, Real Estate, and Entrepreneurship: A Chat with Brian Murphy on The Hungry Realtor Podcast
In the upcoming episode of The Hungry Realtor Podcast, host Mike Severns had an insightful conversation with Brian Murphy, owner of Leverage Virtual, a company specializing in providing virtual assistants (VAs) to businesses. Brian discussed his journey from insurance to real estate, the importance of leveraging virtual assistants, and the power of AI in running a successful real estate business. Here's a comprehensive summary of their conversation for those interested in real estate and business.
The Journey from Insurance to Real Estate:
Brian Murphy shared his journey from working in insurance to joining his wife, Mary, in the real estate business. He explained how growing his own insurance agency from scratch drew the attention of a larger agency who made him a great offer to buy him out. This is when he took a management job, but this was not fulfilling.
Brian and his wife Mary decided that he could be an huge asset in Mary’s real estate business. The couple built their business on the principles of providing exceptional customer service, leveraging virtual assistants, and using technology to streamline their processes.
The Importance of Leverage in Real Estate:
Brian and Mary have built a successful real estate business by leveraging the skills and talents of others. Brian immediately sale the needs of the business. Shifting employees roles, jumping in himself where needed, and honing the systems. By delegating tasks to virtual assistants, they can focus on activities that drive revenue and build relationships with their clients. Brian emphasized the importance of having a system in place and being able to trust others to handle specific tasks within the business.
The Benefits of Virtual Assistants:
Virtual assistants (VAs) play a crucial role in the Murphys' real estate business. They handle a range of tasks, from social media management to transaction coordination. Brian highlighted the importance of finding the right VA and building a strong relationship with them. Through proper training and communication, VAs become an integral part of the team, helping the business run smoothly and efficiently.
The Impact of AI on Real Estate:
Brian is a firm believer in the power of artificial intelligence (AI) in improving business processes. He discussed the impact AI has had on their business, from transcribing meeting notes to creating content for their social media and lead generation copy.. The couple utilizes AI to manage and automate tasks, which has significantly improved their productivity and efficiency.
Balancing Work and Personal Life:
One of the challenges faced by the Murphys was balancing their work and personal life. With two daughters and thriving real estate and VA businesses, it was essential to find a balance between their professional and family lives. By leveraging their team, virtual assistants, and technology, the couple has managed to find a healthy balance, enabling them to enjoy quality family time while still running a successful business.
Favorite Food and Cheesesteak Places:
As a fun aside, Mike Severns asked Brian Murphy about his favorite restaurants and cheesesteak places. Brian shared his love for PJ Whelihan's, a family-friendly bar and grill, Max's Seafood in Gloucester City, and Beach Creek in Wildwood. He also mentioned his desire to try Lillo's Tomato Pie in Hainesport for their highly-rated cheesesteaks.
Conclusion:
Brian Murphy's conversation with Mike Severns on The Hungry Realtor Podcast provided valuable insights into building a successful real estate business. By leveraging virtual assistants, embracing AI, and finding a balance between work and personal life, the Murphys have built a thriving business while still enjoying quality family time. Their story serves as an inspiration for those looking to succeed in the real estate industry and beyond.