NBN Online for the week of March 23, 2010

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In This Issue:

Front Page
Builders Rise to the Challenge of Corrosive Chinese Drywall
Onerous Health Care Provision for Small Builders in Senate’s Hands
Lead-Paint Rule Could Blunt Home-Star Energy Retrofit Push
Coast to Coast
Loan Squeeze Thwarts Small-Business Revival
Housing Forum
Toyota President Apologizes for TV Commercial
Letter to the Editor: Expand Energy Efficiency Incentives
Politics & Government
Obama Signs $17.6 Billion Jobs Bill Into Law
Economics & Finance
February Finds Single-Family Starts on Stable Ground
Foreclosures, Blizzards Weigh on Builder Confidence in March
Eye on the Economy: The Economy Shows Slow Improvement
Spring Construction Forecast Conference Moves Online
Useful Links to Monitor Economic and Housing Trends
Tips
Builders’ Tip: A Simple Angle Grinder Dust Collector
Business Management
Technology Trends the Industry Should Adopt Now
Design
AIA Survey Finds Kitchens, Baths More Modest, Functional
Free Webinar on Custom Home Builder Trends on April 7
Enter the 2010 BALA Design Competition
Sales
Create Sales Urgency Through Personal Enrichment
Evoke Emotions to Appeal to Gen Y Consumers
50Plus Housing
Webinar to Discuss Selling to 50+ Buyers in New Decade
Multifamily
El Paso Encourages Use of Green Building Standard
McGougan Named 2010 Housing Credit Certified Professional
Attend Free Webinar on Next Generation Wiring on March 23
Enter Pillars of the Industry Multifamily Awards by April 9
March 25 Webinar to Present Steps to a Smart LIHTC Rehab
Education
Education Calendar
codes and standards
ICC Green Construction Code Released for Public Comment
Green Building
Burt’s Bees CEO to Address Green Building Conference
Home Buyers Can Now Call on 5,000 Green Professionals
EcoHome Awards to Honor Green Home Design
environment
New Effluent Limit Rules Going Into Effect One State at a Time
Building Products
Formaldehyde-Free Insulation From JM Exclusively at Lowe’s
TV
NAHB-Produced Programs on the DIY Network
Endowment
Challenge/Build/Grow Initiative Proposals Due March 26
2011 HELP Grant Applications Due March 26
Four College Professors Awarded IBS Fund Grants
Association News
Houston Builder on Mission to Help Wounded War Veterans
NAHB Spring Board Meeting April 18-23 in Washington
Annual Report Highlights NAHB Efforts in Challenging Times
Avoid Credit Card Processing Rate Increases With Solveras
Register for Spokesperson Training at Spring Board
HP Business AdvantEdge Laptop Offer for NAHB Members
Members, Take Advantage of Special Offers From Hertz
Calendar of Events
NAHB Career Center

Related Articles

Evoke Emotions to Appeal to Gen Y Consumers

Create Sales Urgency Through Personal Enrichment

In today's challenging market, being proactive and working with urgency is the difference between being a really great sales agent and just showing up.

As a sales trainer and coach, I consider secret shopping my way of taking the pulse of the market and determining what agents are doing right — and what they’re neglecting to do.

Sadly, one of the most prominent issues that I see in sales offices today is a lack of urgency.

While there is plenty of information available on how to create urgency in clients and prospects, I believe sales agents have to create some urgency in themselves first.

I have seen plenty of evidence during the past few years of agents simply relying on the same routines and techniques that they used when the market was strong — and that is stifling their urgency and any that they might cultivate in their prospects.

For instance, many agents today are:

  • Keeping to the Same Game Plan. Based on my company’s research, only two out of 45 agents we shopped came with us as we toured their models. Most simply handed us a brochure, pointed us towards the models and left us alone.

  • Failing to Follow Up. Too many agents we came in contact with don’t have, or are not using, adequate selling skills. They need to learn how to develop a rapport with prospects, ask great questions, follow up and market. We found that only one of every 30 agents we shopped found a reason to follow up with us — and actually did — after our visit.

  • Missing Opportunities. Letting prospects walk in and walk out without getting to know their needs and wants — and never following up — is not the way to sell houses these days. We found that only one in 20 agents stood out from the rest by getting to know us and our needs and by asking great questions.

  • Waiting Too Long. Many agents we shopped lacked proactive strategies. They sat and waited for prospects to come to them instead of creating proactive marketing that would give prospects a reason to come through their door.

    Even beyond our shopping, there seems to be a sense that many in the industry are waiting for the market to change — instead of finding ways to change their local markets, their attitudes and their own tired habits. The problem with all this waiting is that there really is no time to waste in this market anymore.


To be great, agents need to work through a plan that lists everything they want to accomplish that day. The list should include marketing their community and honing their skills and attitude.

Four Tips to Help Create Urgency in Yourself

The following tips will help you create a sense of urgency in yourself and your prospects: 

  • Create Goals and Aspirations. Develop goals you want to achieve for the year, not only for your community but for your life and career. Take the time to do this and spell out all the action steps it will take for you to achieve these goals and aspirations. Then, put the action steps on your calendar. Make a promise to yourself to fill each minute of every day doing something to achieve your goals — and, ultimately, get more sales.

  • Evaluate Yourself. Sit yourself down and give yourself a reality check. Are you a positive person? Do people want to be around your energy?

    How good are you at what you do? How hungry are you? Are you constantly striving to make the sale doing whatever it takes? Are you really trying every day and giving your job your absolute all?

    Are you stagnant or thriving? When was the last time you took a class or perfected a weak skill? When was the last time you did something out of your comfort circle? Are you doing something new and different each day to sell more homes? Are you doing things that you didn’t consider to be part of your job description three years ago?

    Be honest and take good notes during this self-evaluation. That way, you’ll have some takeaways that will help you improve and create urgency.

  • Write Yourself a New Job Description. Wipe out the old and bring in the new. Your new job description should include all the things you need to do and change to be a number-one producer. Make sure that 80% of your list includes duties, techniques, tasks and objectives that you haven't done before so that you are better equipped to sell in today’s market.

  • Perfect Yourself. Constantly strive to perfect your art of the sale by reading, scripting, role play and participating in seminars and webinars to perfect your sales skills. There is so much free information out there, especially on the Internet. You should be doing something every day to help you become the best.


Also after each prospect visit, evaluate that visit and think about what you could have done differently to achieve a better result. This is a great tool to improve yourself, and it’s so easy to do.

Once you’ve taken the steps to create urgency in yourself, put that urgency to work. Here’s how:

  • Develop a Marketing Plan. Come up with a marketing plan for your community that encompasses past visitors, current residents, residents’ families and friends, surrounding communities, your builder’s move-up communities, area employers and businesses and, of course, area Realtors®.

  • Become the Expert. When people think about real estate, you want them thinking about you and your community first. So, become involved in organizations and events in and around your community to make sure everyone knows that you are the one to see when it comes to real estate.

  • Be Ready, Every Day. Don't ever tell prospects, “It’s a slow market.” That excuse will strip you of all your energy and strategies. Instead, come to work each day wearing your successful, positive and eager salesperson persona. You and your product must look — and be — ready to go, so be sure you are “on” and look fresh at all times. With that attitude in place, you will create and project urgency whether you've made a sale during the month or not.


Creating urgency starts with the salesperson. Start by arming yourself with the skills, knowledge and confidence to sell homes each day. This will create a sense of urgency and excitement that will be easy to project and transfer to your prospects and buyers because it’s contagious. Your buyers will feel your energy, react to it, remember you above your competition —  and they'll buy because of it.

Shirleen Von Hoffmann is president and sales coach of Home Builder’s AdvantEdge, which specializes in sales agent secret shopping, sales training, seminars, one-on-one onsite training, sales coaching and builder consultation. A published author, keynote speaker, sales trainer and former top producer, she has closed more than $1 billion in new home sales during her 28-year career. For more information or to contact Von Hoffmann, visit www.homebuildersadvantedge.com or www.thequeenofsales.com.



Web Site Is One-Stop Shop for Tax Credit Info

Builders and other industry professionals can help spur home sales by referring prospective home buyers to www.federalhousingtaxcredit.com. The NAHB Web site provides detailed information on both the extended $8,000 first-time home buyer tax credit and the new $6,500 repeat buyer tax credit signed into law by President Obama.

Consumers can use the Web site to find information on both tax credits — including frequently asked questions and links to social media sites that provide updated information as it becomes available. It also includes a number of home-buying resources for consumers.

Industry professionals are encouraged to highlight the tax credit Web site when marketing to their potential home buyer market.



‘Social Media for Home Builders’ Available at BuilderBooks.com

Social Media for Home Builders: It’s Easier Than You Think,” available at BuilderBooks.com, demonstrates the power of social media through case studies and online outlets created specifically for the home building industry.

Learn how to use social media sites to build your brand, engage new and existing consumers, manage your online reputation and sell more homes.

To view or purchase this publication online, click here, or call 800-223-2665.



In Today’s Market, 'Think Sold!' With Help From BuilderBooks

Think Sold! Creating Home Sales in Any Market,” available at BuilderBooks.com, is a practical, how-to guide for developing the self-awareness, knowledge and skills needed to succeed in the competitive field of new home sales.

The book covers everything from the home buying process and new home financing to strategies for making better sales presentations and sizing up the competition. It teaches readers how to overcome customers’ concerns and provides specific examples of how to explain the benefits of new home features in customer-friendly language.

“Think Sold” provides insights on how to approach sales and life from a position of optimism that will create successful outcomes; how to improve upon potential customer prospecting and follow-up skills; and how to communicate effectively with various types of buyers and learn how to adjust communication strategies to increase rapport and alignment with buyers’ motives.

To view or purchase this publication online, click here, or call 800-223-2665.


 

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