Myers Barnes Blog Articles

Tag: buyers


The Fable Of The Porcupine

Posted by: Myers Barnes | Published: Jan, 24, 2011

It was the coldest winter ever, with many animals dying from the freezing temperatures.

The porcupines, however, evaluated the situation and decided that, if they grouped together, they could keep one another warm.

Just as they were close enough to huddle against the cold, their quills began wounding their closest companions. So, although they could supply heat to each other, they decided to distance themselves to avoid being hurt.

But the air was too cold and they began to shiver and die … alone and frozen. The others realized they had a choice to make: either accept the quills of their companions or risk death. Wisely, they decided to go back to being together. They learned to live with the little wounds that were caused by a close relationship with their companions. Because of the heat they generated and shared, they were able to survive the harsh winter.

Moral of the story as it applies to new home sales: When building a relationship with your buyers, there is always the risk of being wounded … especially when asking for referrals. You will think you’ve done a bang-up job selling them their new home and they seem eager to recommend you, but then they cop out or clam up. Call it human nature … the law of averages … whatever. Don’t take it personally. Just turn up the heat and give them some space. Even in a warm market, you may have some cold calls.



Posted In: New Home Sales Training

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Faintly Familiar Fable #6 – The Leaper and the Crawler

Posted by: Myers Barnes | Published: Dec, 09, 2010

Miss Gigi Rasshopper and Mrs. Tinee Ant shared an office in the same real estate company. Mrs. Ant worked hard all day long, scouting for leads, updating her web site, creating a vision board, organizing her goals and revising her mission statement. She called potential buyers, qualified them, followed up and asked for referrals. She filled her head and her bookshelves with print and audio books that taught her how to succeed in new home sales.

Miss Rasshopper watched her scurry about and laughed, saying, “Why do you work so hard, Mrs. Ant? Come, rest awhile and listen to this new song on my MP3 player. The days are sunny and warm. Why spend them driving buyers around or being shut up inside a model home?”

She paused, waiting for a response, then continued, “I’ve been where you are. Just look at my
new-home-salesperson-of-the-month plaques? I was top performer seven months in a row and was in the million-dollar club. Of course, that was five years ago and the housing market was a little different then, but still…”

Mrs. Ant just ignored her and kept working.

“You silly woman,” Miss Rasshopper said, sipping on a cool, green drink. “Don’t you know the
economy’s bad? You’re doing all this work, but the buyers just aren’t out there. So why not live a little and forget about new home sales for now?”

Her words fell on deaf ears because Mrs. Ant was on a mission. She had set a goal and she
only had 14 days left to achieve it.

Within a few weeks, the blue skies turned gray and the winds blew chilled air into the office as
Mrs. Ant came and went. Nights were long. No one was shopping for new homes … at least no
one Miss Rasshopper knew.

Mrs. Ant, on the other hand, was consistently bringing in commissions on homes she had sold. Her world was warm, comfortable and financially solid.

Miss Rasshopper decided the reason she wasn’t selling homes was because of her builder and
her broker, so she started hopping from one to another.

Mrs. Ant watched her go, but she didn’t hear her angry mumblings because she was too busy
listening to her MP3 and dancing to her favorite song, “I Will Survive!”

The Moral: The way to have nothing tomorrow is to do nothing today. Your past is
history and the present is a fleeting shadow that doesn’t last. Work for the future
because that is where you will live.



Posted In: New Home Sales Training, Personal Development

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Why not build a one-size-fits-all house?

Posted by: Myers Barnes | Published: Oct, 07, 2010

It’s a beautiful day in the neighborhood and here you are building your twentieth house on Duplicate Drive. Standing back, you survey your models. Each three-bedroom, two-bath home is identical with carbon-copy floor plans.

So what if a three-bedroom house doesn’t accommodate every family? So what if the homes aren’t customized? So what if there isn’t much of a market for a one-size-fits-all house?
This is how you’ve always built homes. You’re not big on change. Besides, the market should accommodate you.

In reality, builders of single-family homes wouldn’t dream of using identical blueprints for every model home. So why do they have a one-size-fits-all approach to selling their homes?

Too many builders still operate under the same blueprint they created in 2006 when the housing market had just started to cool. That blueprint is: To sell more homes, discount them.

So, they do. But what they lose sight of is the bottom line. Why build houses if you don’t make money?
“But I have to discount, Myers, to stay competitive,” they say.
Not really. Just like all buyers don’t want a three-bedroom ranch … all buyers aren’t looking for discounts.
Oh, sure, they’ll take one if you offer it; but what they’re really looking for is a home that will accommodate their needs, family, and income.

Instead of automatically discounting the home, take the time to sell buyers on its features and the many reasons your home will meet their needs.

That’s a blueprint for success…and profitability.



Posted In: New Home Sales Coach

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People Work – Not Paperwork: Myers Barnes On Management

Posted by: Myers Barnes | Published: Nov, 03, 2007

In a successful company, the role of the sales manger dramatically shifted in the last two years as the marketplace transitioned into the hands of buyers. When the boom years were in full swing, the job description for managers was to meet the demands of new construction. The high-demand market funneled sales right into their hands, so all managers had to do was oversee contracts, financing and paperwork in order to keep sales smoothly flowing. In reality, the manager was an administrator or facilitator who controlled countless details to insure an uninterrupted delivery of homes and closings.

In the marketplace today, that job description is no longer relevant. It has switched from paperwork to people work. To succeed in the current new home sales environment, managers must focus on developing people instead of property. They are forced to shift their time from working in the office to working in the field.

As a manger, you need to put down the ballpoint pen and take up the baton so you can drum up enthusiasm in your sales team and lead each member toward the goal line. It’s time to get the lead out of more than your pencil and begin creating sales — not just maintaining them.

How do you do this? In my estimation, there are nine key areas where you should invest your time:

1) Planning and organizing
2) Recruiting the right people (not necessarily the best)
3) Training
4) Delegating
5) Supervising
6) Measuring
7) Reporting
8) De-Hiring
9) Percentage of time in the field coaching (on site in the models)

Analyze carefully where you are spending your time in the marketplace. In all probability, you are like the majority of sales managers today — spending the least amount of time in the field or in the models where you should be coaching individual team members on how to attract buyers.

The bottom line is that all management is aimed at increasing results and outputs. The reality is that, in today’s market, if 50% of your time is not in the field coaching, then there is a gross misappropriation of your time.

The old adage "never major in minors" applies. Paperwork shouldn’t overshadow people work. Hanging around the office overseeing contracts is minor compared to getting out and making contacts.

In addition to your focus, your schedule must change. Before, when the job meant overseeing an administration, the schedule was Monday through Friday. That almost made sense (though not perfect sense) because sales were driven by the market and the manager was facilitating the sales when the administrative staff was available, which was usually on weekdays. But now that the description of the job has changed, so has the schedule. The type of leader needed at the moment is a coach; and coaches cannot afford to be absent on game days. When are game days in new home sales? Saturday and Sunday, of course. Think it through. As a leading sales manager, taking off on the weekend is akin to an NFL coach saying, "It’s enough that I coach during the weekdays. I’m not showing up on game days. My team can handle the challenges without me."

Effective management always begins with successful self-management. You must master yourself before you can direct others. Motivator Nido Qubein asserts that there are three management styles: disciplined, casual or sloppy. With the different marketplace we have at present, even a casual management style will result in casualties.

Great results, regardless of the market, are achieved by spirit, conviction and hard work. It follows that the success of a company is ultimately up to its leaders; not the salespeople.

Just as it’s the writer and not the pen or the archer and not the arrow so it’s the sales manager and not the sales team who will make your company a winner.



Posted In: New Home Sales, New Home Sales Training

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