NBN Online for the week of September 25, 2006

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
NAHB Kit Sends Builders Back to Basics in Cooling Market
Tucson Job Training Shores Up Local Labor Pool
Play Builders' Free Online Pro Football Game for Prizes, Fun
Share Nation's Building News With Your Staff. It's Free.
Coast to Coast
Soft Market Teaches Flippers an Ever-So-Humble Lesson
Environment
EPA Drops Dust Standard, Saving Builders Billions
Legal
Wave of Retroactive Storm Water Suits Halted in Vermont
Politics & Government
SLGA Awards: Nominate Those Who Stand Up for Housing
Economics & Finance
Housing Starts Lose More Ground in August
Slump in Builder Confidence Continues for Eighth Month
Housing Downswing to Bottom Out Next Year, Congress Told
NAHB Works to Soften the Blow of New Lumber Pact
Eye on the Economy: The Housing Outlook Has Darkened
Tips
Builder's Tip: A Time Saver for Installing Closet Shelf Cleats
Construction Safety
OSHA Crane Standard a Bad Fit for Small Home Builders
Safety Award Deadline Extended to Oct. 6
50Plus Housing
How to Effectively Deal With the Demanding Boomer Customer
Multifamily
Multifamily Stocks at Record High on NAHB Index
Enter Pillars to Be 'Best of the Best' in Multifamily
Remodelers
Top Remodelers to Lead Free Forums at Remodeling Show
Building Systems
Design, Trends, Codes Are Hot Topics at BSC SHOWCASE
Education
Want to Know More About Designations? Ask an Expert
Education Calendar
Green Building
Keystone Green Building Program Follows NAHB Model
Green Building: Catch the Wave or Watch It
Entries Sought for Sustainable Building Awards
Regulation
Growth Boundaries, Permit Caps Pushing Up Home Costs
Workforce housing
Apply for 2006 Workforce Housing Awards by Oct. 27
Codes and Standards
ICC Code Council Board Names Weiland CEO
Labor
RCS Designation Reaches 12,000th Attendee at SEBC
Building Products
Fashion Week Diamonds to Benefit Missing Children
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Endowment Scholar Makes Good on Promise
Association News
Take the Solveras Savings Challenge & Save; or Make $50
Free NAHB Video Instructs How to Deal With the Media
GM $500 Off Exclusive Offer for NAHB Members
UPS Offers Up to 30% Discount to NAHB Members on Shipping
Find Key Employees Through the NAHB Online Career Center
Calendar of Events
NAHB Career Center

How to Effectively Deal With the Demanding Boomer Customer

Boomer real estate customers can be demanding. They want answers now, when they need them.

Consequently, you may have to readjust your response techniques in order to effectively market active adult communities and real estate to them.

Long before they walk into your welcome center or sales office, boomer customers will have searched for information online. After that, they may call your office for more details.

This all happens before they decide to visit, of course. And if you don’t respond to their call quickly enough, you and your community can, and most likely will, be taken off their radar screens.  

As a boomer and real estate marketing strategist, I tell my clients to follow the basic “R and R” approach ― response and rapport building — so that they can better relate to this demanding customer.

Response ― Be Quick and Be Prepared

Most importantly, respond to boomers’ requests quickly — the same day if possible.

Internet requests for information also require a quick response. If someone’s online message requests that you call, you need to call.

Boomers want information ― now. Get that brochure package out the same day, or no later than the following day. And don’t forget to follow up with them to make sure they received it.

Also, you and staff should be prepared to work evenings, weekends and long holiday weekends — the peak request time for boomers.

Rapport ― If You Build It, They Will Buy

You should begin building a rapport with your boomer customers the moment they call your sales office.

Don’t call them by their first names unless they ask to be addressed that way. Use Mr. or Ms. instead.

Whet their appetites by telling them about sales, if houses are occupied and the number of people now living in the community. Also, find out if they have a timetable. They may say they’re not ready to buy for several years, but don’t be dismayed, they can, and often do, change their timeframes.

Be enthusiastic. Let them know that you’re thrilled they found your community on the Internet. Ask if they would like to give you their e-mail address so you can send them periodic community updates. (Remember to include them in your update list if they do.) E-mail updates are an easy and effective way to stay in touch.

Update and Use Your Sales Tools Effectively

In addition to response and rapport building, review your community Web site carefully to maximize its effectiveness.

You may think boomers are motivated by early registration lists, sales inducements and fly-by incentives, but what they really want and need is as much factual information as they can gather. I frequently spend the weekends researching Internet community Web sites and am often surprised at the lack of salient information on most sites.

Web sites for active adult communities need to peak boomers' interests. Your site should show site plans, floor plans, renderings, pictures of actual homes (if available), amenities and a location map to city services.

Boomers may be looking to relocate from another city and need more information about the surrounding area. It’s important to give boomers information about your location and city. The more links you can include that provide an overview of your location the better.

Be sure to include information about schools for continuing education; potential employers for new career opportunities; airports and what airlines service the airport; and churches, synagogues, recreational and social opportunities.

Many community Web sites don’t post lot size or price ranges. Boomers aren’t interested in playing games or wasting time. It is worthwhile to include introductory price ranges on your Web site. This will help potential buyers determine if this is a community they can afford. They’ll want to know club association fees or other amenities charges, too.

Also, planned communities need to be clear about how the product is sold — whether the community sells home sites with homes, only home sites or homes separate from lots. How communities are sold differs in different parts of the country. Don’t assume your customer understands, especially if your customer base is geographically diverse.

Quick responses and rapport building, along with an informative, user-friendly community Web site, are key tools in meeting and exceeding the needs of the demanding boomer real estate customer.

Janis Ehlers is the founder and president of The Ehlers Group, Inc., a Fort Lauderdale, Fla.-based marketing and communications company that specializes in real estate development and active adult communities throughout the country. For more information, she can be reached via e-mail, at 954-726-9228 or 703-934-0165, or visit The Ehlers Group Web site.



Save the Date for 2007 50+ Housing Symposium

Mark May 30-June 1, 2007 on your calendars to attend the 50+ Housing Symposium.

The seniors housing symposium is the premier educational and networking event for industry professionals who serve the burgeoning 50+ market.

Visit www.nahb.org/build4boomers for more information.


 

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