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
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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
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Closing
the sale doesn't take magic. It takes some basic steps that
I have outlined below.
-
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?"
-
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?"
-
Find
out what the prospective buyer wants. Again, this will be
achieved only through open-ended questions. "Tell me
what you are looking for."
-
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
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-
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.
-
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.
-
Sell
to the right person. It is critical to qualify who is the
decision maker (husband, wife, parents, etc.).
-
Be
persistent. If a prospective buyer qualifies on your 'A' list,
then keep contact with them until you get the sale.
-
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
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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
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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
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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
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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
Top
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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
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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.
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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
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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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