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Week of February 23, 2004

Front Page

* High Wood Panel Prices Are Back With a Vengeance

* Home Builders Launch Tort Reform Initiative
* Housing Snapshot

President's Message

* Housing America's Working Families

Housing Forum

* Close-Knit Communities: New Urbanism Made Marketable
* Letters to the Editor

Housing and Economics

* January Housing Starts Slow From Record Pace
* Bad Weather Puts a Chill on Builder Confidence
* California Housing Supply Lags Behind Job Growth, Report Finds

Housing Politics

* Homeownership Tax Credit Included in 2005 Budget Proposal

State and Local

* Three Projects Receive Boost from State & Local Issues Fund

Housing Finance

* Treasury Updates Mortgage Revenue Bond Purchase Price Limits, Additional Changes Sought

Business Management

* Consumer Survey Says Professionalism, Integrity Win Customers’ Trust and Business

Multifamily

* RAM Designation Helps Apartment Managers Advance in Their Career

Seniors Housing

* Solomon Named Seniors Housing Council Chair
* Save $50-$150 by Registering for Seniors Symposium by Feb. 27

Design

* Design Focuses on Making Homes Emotionally Rich

Building Quality

* Awards Highlight Quality Achievements in Business Practices

Small Builders and Remodelers

* Remodelers Assess What's Hot and What's Not

Sales and Marketing

* What Motivates Women to Buy Homes?
* How to Organize Sales Training

Military Housing

* Army to Hold Major Housing Privatization Forum in March

Labor

* Residential Construction Academy Making Impressive Strides

Building Products

* Edwards Elected NCHI Lifetime Honorary Trustee
* Web-Based System Streamlines Appliance Purchase, Delivery and Installation

Building News Coast To Coast

Association News & Events

* Professionial Designations Offer Rewards and Opportunities
* Two Builders Named to National Housing Hall of Fame
* Help Build This Year’s Family Build Home for a Mother of Three
* Resolutions Can Be Viewed on NAHB Web Site Prior to Spring Board
* Calendar of Events

NBN Back Issues

 

How to Organize Sales Training

The easiest way to determine if your sales personnel would benefit from an ongoing education program is to give them the following test:

  1. List the logical steps in a planned, sequential sales presentation.
  2. List 20 specific features and benefits of your selling situation.
  3. List the 10 most frequently raised objections, with a logical, usable answer for each.
  4. List five qualifying questions you can regularly utilize.
  5. List three closing questions you regularly utilize.

If any of these lists cannot be properly completed, a sales education program will improve your closing ratio.

Salespeople should never measure their performance against the performance of someone else. Rather, it should be measured against what they should accomplish based on their ability.


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Training programs should take place over a three-month period, incorporating weekly meetings designed to achieve pre-determined objectives.

The first step is to establish exactly what a sales team is expected to learn. Many so-called training programs fail because they only deal with specific company agenda items, such as product knowledge and financing. Although these are very important, they are only a small part of what must be mastered.

Specifically, some of the areas on which the effort should be concentrated include:

  • Communication skills — the essence of selling
  • Personal motivation — a must for any sales professional
  • Knowledge of the competition — salespeople must know the competition as well as they know their own product
  • Overcoming objections — total awareness of the method of overcoming all objections
  • Planned presentation skills — the ability to make a qualified presentation in five minutes on your company and its product, giving at least six key features

'Training sessions should be focused and fun'

Kick off a sales program by exposing staff members to the correct concepts and techniques to be mastered. This can be accomplished in several ways. The sales manager or marketing director can create and present a seminar of approximately 12 to 16 hours. Videotapes and books may be acquired to assist in the process. You may also consider a professional sales trainer to present the program. Weekly meetings, conducted by the sales manager, should then be held to reinforce the material that is presented.

A typical weekly meeting may include: a motivational message from a member of the sales team, perhaps gleaned from a tape or book; a “key features and benefits” presentation; a presentation on “overcoming objections;” a role-playing situation; and a presentation on the “anatomy of the sale.” Each of these sections should last from five to eight minutes.

This format can be modified to include product knowledge, financing and other items. An agenda for each meeting should be established at least six weeks in advance, with each salesperson assigned a presentation responsibility.

Other tips on these meetings: start them on time, keep them focused, tape record them for later review, bring in outside professionals as needed, keep them fun, and make sure each salesperson participates in the teaching process.

Sales education is vital. As someone once said, “It’s what we learn after we know it all that really counts.”

Bob Schultz, MIRM, CSP, is president of New Home Specialist Inc. and is an expert on home sales and management. He is the author of two best-selling books available from BuilderBooks.com, "The Official Handbook for New Home Salespeople" and "Smart Selling™ Techniques." For more information, click here or call 561-368-1151.
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