Myers Barnes Blog Articles

Category: Customer Service


Smart Buyers, Crazy Offers

Posted by: Myers Barnes | Published: Mar, 24, 2009

I was recently talking with a builder who was incensed by the demands of prospective buyers. "They want me to just throw in a furniture package with the deal," he sputtered.

I listened and empathized with his plight. I’ve heard this same frustration voiced by many builders, developers, and new homes sellers in this market. Buyers want ridiculous discount and absurd freebies in order to close the deal. They’ve been handed a market where the buyer dictates and they are feeling choked by the heightened demands.

Let’s take a look at the situation though. The leak in the housing market started to trickle in the first quarter of 2007. Now, 25 months later, the sellers are scurrying to plug that gaping hole in a market that is flooded with short sales and foreclosures. The media, real estate agents, and mortgage companies are telling these buyers that now is a great time to buy. Have you ever heard them advise buyers that it’s not a good time?

As a result of the economic crunch, buyers are making offers that would have been swatted away like a pesky bug just two years ago. But these buyers, while they may appear vulture-like in their approach, are not fools. They resisted the top-of-market buying frenzy, sat on the sidelines to gauge the action, and are now quite enlightened about the status quo of the buyer’s market. They’re ready to play the buying game like a battle to the death. What you call "absurd", these savvy buyers call "realistic."

My advice to you is to be prepared. Know that these crazy offers will come, and that they arise from hopes but not necessarily expectations. Sharpen your negotiating skills and respond to those offers respectfully—because at least you have an offer to negotiate! Communicate the value of your property and justify the price. Work harder to see where you can cut your margins and where your buyer is willing to bend. A ridiculous offer just means you have to work harder and smarter.

Myers



Posted In: Customer Service

Tags: , , , , , , , , , , , ,

Savvy Selling to a Multicultural Market

Posted by: Myers Barnes | Published: Feb, 17, 2009

You may have heard the story about the couple from America who were taking their first trip aboard. Their son and daughter-in-law were living in China and had bought them airline tickets so they could visit during Christmas. When the middle-age Caucasian pair arrived in Beijing and saw the native population, the husband whispered to his wife, "Look at all the minorities over here!"

Although many of us still have the mindset that anyone other than Anglo-European Americans is a minority, the reality is that the demographics of the American population are shifting rapidly.

More than ever, minorities and immigrants have an increasing presence in our communities and, just like the rest of us, they are eager to buy a house. Although the homeownership rate in America is at an all-time high, there are still some segments of the population that continue to lag behind not because they don’t have the money or desire to buy but because they don’t have the knowledge.

New home salespeople who understand the intricacies of cultural diversity will enormously improve their chances for success in today’s multicultural environment. It’s your responsibility to hone your inter-cultural skills so you can be an effective new home salesperson to those from other countries and educate them on how to buy their new dream home. But how do you do that?

You still need to apply the new model of selling meet and greet, build trust, demonstrate your new homes, overcome objections, present solutions, and close the sale but now you have to do it without committing a cultural faux pas that your prospect finds insulting, offensive, or embarrassing.

Even when you’re selling new homes to Americans who speak the same language, are from the same culture and have a similar background, it’s easy for you to say one thing and for them to hear something totally different. If it’s that hard to communicate within your own culture, think how much more difficult it is to effectively and accurately communicate with those from other countries.

Myers



Posted In: Customer Service

Tags: , , , ,

How to Make Search Work for You

Posted by: Myers Barnes | Published: Dec, 18, 2008

In this post, real estate advertising and e-marketing expert Tom Nelson shares more on how website searches are used by prospective homebuyers and how you can make sure your website is as close to the top of their list as possible.

Last time, I gave you some hard facts about the importance of search engine optimization for new home sales websites, like the fact that 84% of homebuyers start their new home search on the internet. So you understand WHY you need to be concerned about making sure search engines rank your website as high as possible. Now, here’s the HOW. Below are some fundamentals you must consider when creating your website in order to help search engines connect you with the right prospects who are searching for new homes.

It is estimated that 47% of all website visits come from direct navigation (that is, a user typing the website address or URL directly into the address navigation box). Therefore, your website’s address or "URL" should be simple and intuitive — as close to the community’s name or brand as possible. The closer your website address to your actual property’s name, the easier it will be for prospects to locate you online and for search engines to connect your website with the right prospects.

A website’s architecture (the pages of content and how they are structured together) and the actual content of the website’s pages themselves have a direct impact on the way search engines interpret the site’s information and determine its relevancy. So, the better your content, the more relevant it is to your prospects, and the fresher it is, the easier it will be for prospects to find your website via search engines. When you update your website often with news, events, and more detailed information, the search engines notice this and will boost your ranking higher so that you can be found more easily. Websites that never change will begin to fall further down the list. The lesson: Stay fresh.

Websites use special "tags" in the actual programming code to help search engines understand the content of your website. The Title Tag is one of the most important factors in achieving high search engine rankings. Limited to 68 characters including spaces, the title tag description is what appears in the clickable link on the search engine results page and is incredibly important in helping your website get better search rankings. Each page in your website can have a separate title tag that describes the page’s content. Remember, the title tag determines what your prospects will see when they’re searching for new homes online and find your website’s listing, and will help them determine whether to click your link, or to skip it and move on. So make sure you take advantage of this simple but most important programming tag to connect with your prospects.

Having other websites link to your website can boost your ranking with some of the search engines and substantially increase the flow of traffic through your site. Just as having new and fresh content regularly added to your website will help improve your ranking, the more links you have between your website and others the more search engine optimization benefit you’ll be able to realize.

There are many, many more methods and strategies for helping your website achieve better search engine results rankings, but the ones we’ve discussed today are among the most fundamental and a good place to start. My company, NDG Communications, has helped countless clients boost their rankings to get more qualified leads, increase registrations, and help establish communities with our effective SEO services and e-marketing capabilities.

Stay tuned for more new home sales insights from real estate e-marketing expert Tom Nelson.



Posted In: Customer Service

Tags: , , , , , , , ,

The Four Things that Customers Buy

Posted by: Myers Barnes | Published: Oct, 01, 2008

#1. The Sales Representative: The customer never has the opportunity to experience the product or company until he or she first "buys" the salesperson. To the customer, you represent the product and company, and you have tremendous influence over the customer’s decision to own.
#2. Service: There are two types of sales organizations, those who are price-driven and those who are service- and/or value-driven.  The price driven company and salesperson operate on the "one-night-stand philosophy" get in, get out. This type of company does not care about developing customer relationships. The sell only to customers who buy low price, not service and responsibility, whereas the service- and/or value-driven company most likely has long-term customers and referrals.
#3. Delivery: If you can deliver on time with predictability, you can often overcome the price objection. Dominos Pizza, for instance, dominated the market with the most expensive pizza, but their one giant selling differential was on-time delivery.
#4. Warranties: Many products today require the services of technicians. A major fear for many consumers is being stuck with a machine fax, computer, phone system, etc which fails. Providing outstanding service and warranties to assure customer satisfaction overcomes price sensitivity.
Remember, the customer will always initially think your price is too high. Therefore, differentiation of your product or service and the willingness to show value in comparison to what else is available is essential.



Posted In: Customer Service

Tags: , , , , ,

Seven Good Customer Service Habits To Develop

Posted by: Myers Barnes | Published: Apr, 04, 2007

Most habits are actions you have taken for so long that they now come naturally and you no longer need to think about them – like tying you shoes, for example. When you first learned, you probably felt as if you were all thumbs. Now, you can do it with your eyes closed.

Experts have found that it takes 21 repetitions for an action to become a habit. And those bad habits are never really “broken.” Instead, we simply learn to build new and better habits that replace them. But to do that, we must repeat the new habit 21 times. That’s one reason it’s so hard to change. We try something new, but don’t do it long enough for it to become a solid practice. Then the old habit is lying nearby in dormant brain cells ready to resurface before the new habit is entrenched.

In our profession, developing good habits is crucial to success – especially when it comes to customer service. Following are some basic habits every salesperson should develop to maintain a consistently high level of customer satisfaction.

1. Be on time: Retired professional football player Gale Sayers is quoted as saying, “If you are early you are on time. If you are merely on time, you are late, and if you are late, you are forgotten.” Being on time is a statement of respect. Conversely, making others wait until you show up creates a negative impression and is disrespectful of your customer’s time and agenda. Occasionally, you’ll encounter situations and challenges that force tardiness, so the cardinal rule is to notify others as soon as you know you are going to be late. The sooner you let your customers know you are delayed, the less irritated they will become. Do not wait until the last minute, hoping that it all works out.

2. Follow up on your promises: If I hear one major pet peeve from customers across the board, it is this: Builders and their teams promise something and then do not follow through. For example, a customer is told that she will be given a weekly status report on the progress of her new home, and then, as if the promise were a dream, no one delivers on the commitment. Always call a customer (and your prospects) back by the time you promised, even if it’s to say you do not have the answers they want to hear and you’ll have to get back with them later. Customers are so unaccustomed to good follow through that even that kind of contact scores you big points.

3. Under-promise and over-deliver: Sometimes, with enthusiasm to give the customer what he wants or to avoid confrontation, you may find yourself promising something that is difficult to deliver. By making that promise, you have created an expectation in the customer’s mind that, regardless of difficulty, he will come to expect. If you find yourself in this type of situation, your best approach is to only promise what you can be sure of and not what you hope will happen.

For example, your customers need a 120-day delivery time of their new home; yet they want to make structural changes to their floor plan. Your production history proves delivery of the home takes 135 days minus the delay of re-engineering the plan. You are better off explaining that what appears to be a small change involves an immense amount of work and, although you would like to promise 120 days as a possibility, it is not guaranteed. By promising 145 days, you avoid disappointing your customers and delighting them if the home is delivered earlier.

4. Go the extra mile: Make going out of your way for your customers a habit. By doing small extra things for them, your commitment to customer satisfaction is remembered and you create a residual of referrals. By far, the best method to develop an extraordinary relationship is frequent contact. For example, buy a camera and carry it in your car. Take photos of the home under construction or the neighborhood as it changes. Then e-mail, mail or hand-deliver the photos. Absentee owners, as well as local residents, appreciate pictures of their home and community.

5. Express empathy: No matter how strong your commitment is, you will occasionally have an unhappy camper as a customer. At such times, expressing empathy is imperative. Empathy means understanding your customer’s point of view, regardless of whether or not you agree. Employ these empathetic phrases to help your customer realize you are on his or her side:

I understand how you feel.
I hear what you are saying.
I’m sorry that happened.
I see your point of view.

Even when you aren’t dealing with a dissatisfied customer, it’s a good practice to match the tone of your customer. Some call it “taking a psychic photograph,” but basically it’s taking a moment before you even say the first word to determine what mood your listener is in. Does she look bored? Is he zoning? Do they look buoyant, happy to be where they are?

If you can match their mood with your voice tone only briefly, it helps establish an immediate connection. “Speech syncing” adds to your charisma and creates a welcomed camaraderie.

As an experiment, take one day and consciously speak at the same rate of speed with the same tone as everyone you meet. Then watch to see how people warm up to you – how they relate to what you’re saying.

6. Treat your customers as the most important part of your job: With all of the functions of your job – meetings, paperwork, phone calls and so on – perceiving your customers as an interruption is normal. Remind yourself that, although the customer may not always be right, she is the very reason your business exists and the one who indirectly signs your paycheck. By focusing on your customers as the reason you do your job, you will make them feel important. 

7. Treat your coworkers as customers: The quality of customer satisfaction you deliver is often only as good as the quality of relationships you have with your coworkers. Results depend upon relationships and treating your workmates as valuable customers raises the overall quality of satisfaction they deliver to the new homebuyer.



Posted In: Customer Service

Tags:

Developing Your X-Ray Vision

Posted by: Myers Barnes | Published: Jan, 31, 2007

Superman x-ray“Look… up in the sky! It’s a bird! It’s a plane! No… it’s Super Salesperson!”

You have to admit, Superman was one cool mild-mannered dude. Due to his extraordinary talents, he could perform heroic deeds by being faster than a speeding bullet, more powerful than a locomotive and able to leap tall buildings in a single bound.

But most intriguing of all, he was able to peer through solid objects with his X-ray vision to determine when Lois Lane and Jimmy Olsen were in trouble. No distance was too far or wall too thick for Superman’s X-ray vision to penetrate. He used it in every encounter to evaluate situations and to respond appropriately.

One of the most important talents that you, as a salesperson, should develop is the ability to discern each homebuyer’s needs and financial ability, as well as his or her wants, needs and desires. You need a type of X-ray vision to penetrate the core of your prospect’s emotional agenda so you, too, will know how to evaluate the situation and respond appropriately.

In other words, you need to know if your prospect will qualify for the new home BEFORE you begin the never ending battle for truth, justice and the American dream.

How do you do that?

Prior to launching your presentation, your first priority and continuing mission as a "Super Salesperson" is to determine if the prospect is qualified to make a purchase. Qualification is your form of X-ray vision. It enables you to ask the right questions and to see through the exterior appearance of the prospect so you won’t form hasty conclusions and make errant assumptions.

To properly X-ray your prospect, there are five basic categories of discovery you must pursue before you begin your sale’s presentation. If you skillfully ask the following five questions, you will discern how you can best lead your potential customer from presentation to close.

1. "Where do you live now? Why are you considering moving?"

2. "Ms. Prospect, how soon before your plan on moving into your new home?"

3. "Mr. and Mrs. Prospect, what investment range are you considering with your new home/homesite?"

4. "Mr. Prospect, how many people will be enjoying your new home?"

5. "Mike, have you specifically decided on a particular floor plan? What I’m really asking is, what type and style home are you looking for?"

First invest 10 to 30 minutes in asking these questions and in prospect qualification and you won’t waste hours, days or possibly months attempting to close sales with those who cannot — or will not — purchase from you.

When Joe Shuster and Jerry Siegal introduced Superman to America in 1938, they used him to exemplify hope and strength in a combative and confusing world. The average "Joe" felt empowered just watching the man of steel overcome the problems of the world. As he leaped from one adventure to another, Superman became not only a hero, but also a teacher.

It’s the same with you. Prospects need a person of integrity to mentor and empower them as they wind through the process of buying a new home or homesite. And the only way you can do that is by soliciting enough information up front to make an honest appraisal of their situation.

Superman would have never battered down a wall or wasted time trying to solve a problem without first X-raying and discovering the reality of the situation and the best solution. Neither should you.



Posted In: Customer Service, New Home Sales Training

Tags: