September 7, 2010















LeBlanc & Associates
Issue 9 Fall 1999
Articles
The Front Porch
Mary LeBlanc

Who's Minding The Store?

Perception Is Everything
What is a picture worth?
Misnomers, Malaprops and Mottos From a Career in our Humorous Business
by Dave Harding
What Should Your Title Company Do For You?
by Eve Hager


The Front Porch

The Millennium. With all the hype about the year 2000, it is almost impossible to determine the real meaning of what is about to happen to our lives. True to our country's enterprising marketing approach to all things sellable, we now have everything from millennium yogurt to millennium homes. I think the follow-up act in 2001 will be hard pressed to maintain this momentum. However, I do have faith in our nation's marketing specialists and look forward to their campaigns of "The Millenium . . . continuing saga." Top of page

I was reading an article the other day in the New Homes section of our local newspaper. The heading about The Millennium was: Momentous Event? Or A Moment In Time? Well, for New Year's Eve parties, cruise ship lines, champagne suppliers, parents of newborn babies, to name a few, it will certainly be a momentous event. As outlined in the article, cities around the world are building all types of super structures for the momentous event. This is good for contractors. For the rest of us, I believe it will be just a moment in time.

The headline caught my attention as for those of us in the assessment and training of sales agents, we have continually stressed how a sale is a process, not a singular event. No, we do not have millennium sales. We have moments in time. Top of page

Closing the sale doesn't take magic. It takes some basic steps that I have outlined below.

  1. Get your prospective buyer to say "yes" right from the start. As you talk to John and Sally Buyer, ask questions that he or she will answer yes to. This helps to establish the right frame of mind. "Isn't owning a new home exciting?"
  2. Find out what the prospective buyer wants. Probe and question your prospect. To every objection, ask a "Why" question. "Why do you think the yard is too small?"
  3. Find out what the prospective buyer wants. Again, this will be achieved only through open-ended questions. "Tell me what you are looking for."
  4. Sell benefits as well as features. Don't just do a show and tell approach to your model demonstration. The prospective buyer must have a clear understanding how the features of your homes will make their lives easier and more enjoyable. Top of page
  5. Concentrate on a few issues important to the prospective buyer. Don't get the buyer distracted by downloading every piece of information about the community and home all at once. Make salient points and keep it focused.
  6. Know when to shut up. Many sales are lost because the sales person keeps talking past the point where the prospect is willing to buy. Learn how to read people and recognize when they are ready.
  7. Sell to the right person. It is critical to qualify who is the decision maker (husband, wife, parents, etc.).
  8. Be persistent. If a prospective buyer qualifies on your 'A' list, then keep contact with them until you get the sale.
  9. Close the sale. How many times does a sales agent create the sale and then never ask for it? Ask for their commitment! You have earned it.

Reassure the prospective buyer. To avoid buyer's remorse, you need to reinforce that they have made a wise decision. Stress the benefits they will enjoy by selecting your homes and your community. And don't forget to check back periodically to find out how things are going.

So enjoy your millennium parties. But let's forget the hype in our sales offices and stay focused on the basics of what it takes to sell homes.

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Who's Minding The Store?

A recent area of concern is how the buyer is being treated by a builder's many vendors. Once the difficulty of the sale is overcome, the challenge of buyer selections begins. So now you send them off to the design center people, the landscape
company, the lighting fixture company, etc. How sure are you that this process doesn't undermine your sale? Are the vendor associates treating your buyers with courtesy, professionalism and a high level of personal service? Are they knowledgeable? Do they help to hold the sale together?

Several of our accounts call on LeBlanc & Associates to verify this half of the sales process. We will design an appropriate report to meet the unique criteria for this type of assignment.

Don't let others undermine your sale. Give us a call!


Perception Is Everything

Although two competing candy shops had the same prices, neighborhood kids preferred one store over the other. When asked why, the kids said, "Because the 'good' store always gives more candy. The girl in the other store takes candy away." True? Not really. In the "good" store, the owner would make sure to put a small amount of candy on the scale, then kept adding to it.

In the "bad" store, the owner would pile a heaping amount of candy on the scale, and then take it off until it hit the right weight. The same amount of candy was sold, but perception is everything.

How do prospective buyers perceive your homes? Are they the "good" homes or the "bad" homes? LeBlanc & Associates can conduct Exit Surveys at your communities to determine how prospective buyers perceive your homes. Give us a call!

"Life is like long division. You take a risk,
make an educated guess,
and see what happens.
Be prepared to
make adjustments.
Always be ready
to start over."

Melinda French Gates,
wife of Bill Gates

"It does not matter how slowly you go, so long as you do not stop."
- Confucius .

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What is a picture worth?

Many companies have been requesting a series of video shops for their sales teams. LeBlanc & Associates now provides this valuable service. Through a full video presentation, we take the denial aspect out of the evaluation process. Give us a call!

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Misnomers, Malaprops and Mottos From a Career in our Humorous Business

Amen-i-"tease": The sales promise of wonderful community pools, clubhouses and recreational facili-tease that never seem to appear when the sales efforts need them.

"AMEN!"-i-ties: Their arrival date, delivered by the receiver or the bank in order to avoid class action (class action is itself an oxymoron) lawsuit.

Bears, Owls, Lions, and Turtles: My own president's version of enter-train-ment (q.v.) Top of page

Blandscaping: What most jurisdictions insist on seeing along a "scenic" route.

Beige-mail: The extra-ordinary influence wielded by Home Owners Associations, compelling builders to deliver more and more homes with less and less individuality.

Buy-a-grams: Customers' doodling with dollar signs when we are doing a pre-qual on site. Top of page

Edge-u-cation: The practice of travelling to a seaside location, taking in a seminar that has no new values and creates no new sales, but allows a tax deduction.

Enter-train-ment: The humorous seminars by Charles Clarke III (Bulls, Owls, Lambs & Tigers) that aid in sales, brings smiles to sales professionals and sales to builders.

Lie-a-grams: Those mass-mailed cards that actually thank visitors for interrupting our novel reading and personal phone calls on site.

Lie-ro-glyphics: The easy to read maps, produced by a major national homebuilder, that show every one of its communities is near every amenity, every employment center, every traffic artery and which map bears no relationship to distance, direction or driving patterns.

Non-tre-preneur: The want-tre-preneur (q.v.) one year later, realizing what "on his own" really means as he walks (his new truck having been repossessed) to a job interview with his old employer.

Poached tension system: The type of slab often used in challenging site conditions. Top of page

Silence fiction movie: Those charismatic videos, shown in sales offices, featuring perfectly-fit, perfect people, with perfect teeth, often riding perfectly clean bicycles, apparently to demonstrate that most people should not move here.

Why-a-gram: Those nasty notes from the sales manager asking a site sales professional what could possibly have been in her head in recommending that sale that later failed.

Want-tre-preneur: The superintendent who decides he can go "out on his own" and do less, earn more, dress better and drive a newer truck. See Non-trepeneur. Top of page

Can you identify?
The agency that put the "ad" back into ad nauseum.
The builder who put the "war" back into warranty.
The County that put the "scru" back into scrutiny.
The framer who put the "bungle" back into bungalow.
The planner who put the "dis" back in District Planning Commission..

Dave Harding is Director of Marketing & Sales at Kaufman & Broad, a national trainer of new home salespeople, and a tongue-in-cheek observer of the homebuilding business.

by David Harding, Exchequer Consulting Corporation
520-577-7007, Fax 520-299-2725,
E-Mail: DHarding@kbhomes.com

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What Should Your Title Company Do For You?
By Eve Hager

As the nation's oldest and second largest title company with close to $2 billion in assets, Commonwealth Title focuses on the customer service skills of its personnel. Since title company fees are virtually all the same, within a few dollars, the personal attention given to each customer becomes paramount in attracting and keeping business. Top of page

At the heart of service is the representative who interacts with the builder, sales agent, escrow, and lender in any given situation to resolve title issues. And in those states requiring Department of Real Estate approval of subdivisions, an in-house coordinator is available at no charge to ensure compliance with state laws regulating common interest subdivisions. Our experienced commercial and residential escrow staff stay
abreast of real estate customs, laws and practices as they apply to residential, commercial, industrial and subdivision transactions. Top of page

A sampling of some of the services you can expect from your Commonwealth title representative include:

  • The National 1031 Exchange Corporation - Facilitator for nationwide tax-deferred property exchanges as allowed under section 1031 of the IRS code.
  • Commonwealth OneStop provides mortgage lenders with a single point of contact to order title insurance and appraisal services for residential loans.
  • Commonwealth Relocation Services, Inc. is a full-service national relocation management service for corporations and their transferring employees.
  • DayOne, Inc. is a leading supplier of appraisal software systems
  • NiteOwl Plus is a 24-hour on-line office available to you which provides direct access to 47 states for property profiles, sales comps, nearby homeowners, plat and street maps, demographic profiles, local area services, real estate templates for Microsoft Office and Works, mortgage calculators and amortization schedules, daily mortgage reports and interest rates, daily real estate news and information and farm packages.
  • Our customer service department will provide you with real property information, copies of deeds, plat and tract maps, tax rolls (ownership), property tax information, comparable sales, assistance in variance and radius maps farms and other projects customized to your needs.

Of critical interest to many clients is the ability of a title company to do business across state lines. Land America National Commercial Services (NCS) is the title industry's preeminent provider for coordinated services on commercial real estate transactions. Top of page

Regardless of the size of the transaction or the number and location of sites involved, NCS title professionals provide customized service.

Knowledge of current real estate-related laws and local customs, requirements and practices is an important component of NCS teamwork with the end result being no glitches, no delays and no surprises.

As your Commonwealth Title Representative, Eve Hager is committed to serving your needs and will respond to you immediately. If I can answer any questions for you please call me at (800) 500-TITLE.

Thanks!

Thanks to you, our valued clients, our business keeps growing! Therefore, LeBlanc & Associates will be moving to new office space on October 15th.

Our telephone numbers will remain the same. Please make note of our new address:

5055 Avenida Encinas, Suite 101
Carlsbad, CA 92008

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