It’s SPOOKY How Many Sales You Are Missing
October 26, 2010 at 12:14 pm 9 comments
Sounds simple enough, a prospect comes into your sales center and you greet them warmly and invite them to come on in. Then you take part in “small” talk, getting to know them, where are they from, are they from there originally, what line of work are they in, etc. Thus allowing you to create some rapport and build a common bond before you start the more serious Discovery process. Yet all too often, what we actually see is what I like to refer to as, “Premature Presentation”.
It is almost as if we are so excited to see a prospect…any prospect that we just jump up and immediately start spewing off all sorts of virtues and benefits of our builder and community, and the Great Deals we have to offer– hardly giving the prospect time to get a word in edgewise. Then, we shove the registration in their hands and immediately ask them to fill it out. All the while, the door hasn’t even closed behind them where they entered. Next thing you know, we have them in the car and we are out showing inventory homes before we have ever had the opportunity to find out exactly what it is they want and need in a home, or what kind of timeframe they had in mind. We aren’t helping our guests to own one of our homes, we are simply playing “Tour Guide Barbie” and showing them everything we have, hoping that by process of elimiation we will find a home for them. HOPE is NOT a STRATEGY! So our one and only prospect for the day bolts as quickly as they entered and it won’t matter what kind of follow-up we do because we didn’t earn the right to follow up with them, we didn’t engage them in the process or try to help them.
So just what should this process look like? Well for one thing, if we are welcoming a guest into our home, shouldn’t we actually WELCOME them? Forget the topo table and the floor plans and awards on the wall to your sales center—they are not important now, you can get back to them later. When a guest comes into your sales center, we know they are usually in a hurry and they are usually confused. Change it up a bit. Don’t be like the other 5 builders they visited on the way to you. Warmly greet them, and then invite them to Come On In! I usually like to do this by saying something like, “Hi! Welcome to Bodacious Builders, I am so glad you stopped in today. I was just on my way to the kitchen for a fresh cup of gourmet coffee, why don’t you join me?” And, then I just turn and head out through the trap, around to the front door. Guess what? They follow.
Once we are outside, I usually stop and say something like this, “Oh my goodness, where are my manners, my name is Kimberly and you are? _________________ Well is a real pleasure to meet you Mr. & Mrs. Prospect. Tell me, where are you folks from?…” Then we walk through the front door and head straight toward the kitchen (we are not demonstrating the model at this point—we don’t even know if that is relevant yet). While I am making their coffee or getting them a nice bottle of water they will generally lean on the breakfast bar or counter and I can continue to get to know them a bit, find some common ground and ever so gracefully enter into the Discovery Process because I now have some rapport and some basic information. This is information I must have in order to be effective in my presentation, which I will have then earned the right to do. *NOTE: The more time you spend in the kitchen with your guests, the more comfortable they become and the more information you will be able to learn in order to help them to find the one and only home that fits their needs.
I don’t care how much of a hurry they are in (or tell you they are in), if you invite them into your kitchen and walk that way—not waiting for a response, they will “free up” more time for you because, guess what? It was never about you, or your builders story or your great deal, it was all about them all along. And, once you make it about them instead of you they will relax and you will have earned the right to help them.
Kimberly Mackey, MCSP, CMP, Realtor®, is the founder of Creative Sales Solutions, which provides sales and leadership consulting and training, outsourced sales management, on-site sales coaching, social media strategy and training — and other sales and marketing management SOLUTIONS. For more information, visit the Creative Sales Solutions Web site at www.creativesalesnow.com, or visit Mackey at LinkedIn, www.linkedin.com/in/kimberlymackey; Twitter, www.twitter.com/CreativeSales; and Facebook, www.facebook.com/CreativeSalesSolutions.
Entry filed under: New Home Sales, Real Estate, Sales, Sales Management. Tags: Best Practices, Builder, Building, Critical Path, Inventory, Meet and Greet, New Home Builder, New Home Sales, New Home Sales Training, Real Estate, Realtor, Residential Construction, Sales, sales coaching, Sales Training, Success.


1.
Frederic Guitton | October 26, 2010 at 5:31 pm
Kimberly,
You nailed it! Product should never be the first point of focus of the conversation. It’s about the buyers, their needs and expectations. As we work with more builders everyday we get asked about how our live chat agent can talk (chat) about the product and our response is that the chat is about the consumer. The goal is to get to the next level of conversation and the consumer has to initiate it by sharing their needs. With that technique we are converting nearly 80% of the chat into contact information! This strategy works, no doubt about it!
2.
creativesalessolutions | October 28, 2010 at 11:04 pm
I completely believe it Frederic, whenever you turn the focus onto the prospect, you are setting yourself apart and setting yourself and your company up to be the resource that can help them to fulfill their need. Thank you for sharing.
3.
Del Barbray | October 27, 2010 at 12:56 am
Excellent blog, Kimberly
I totally agree with you and with Frederic. It must be about the prospect and just the prospect at all times.
We must build rapport with the prospect first before we can discover what his or her needs are, because I believe that we will not be given permission by the prospect to ask discovery questions if we haven’t done a good job of building rapport.
Thank you
Sincerely,
Del Barbray
4.
creativesalessolutions | October 28, 2010 at 11:02 pm
Thank you Del.
5.
Mark Edwards | October 28, 2010 at 11:41 am
Great points. Bonding and demonstrating genuine concern for the prospect is critical. We do not have them sign in at the beginning. Our agents earn the right to get their info AFTER we have engaged them in our Meet & Greet/Interview. There are no floor plans or builder info in the first floor of the model…just community info.
We actually have changed the name of our Info/Sales Centers to WELCOME Centers, staged one of them as a Gourmet Coffee shop in the Kitchen (at The Riverfront community) and another with an ice cream parlor Kitchen theme (in our Eagle Harbor model). At Founders Pointe, we have a cozy, warm home feeling and a Wizard of OZ themed playroom located right off the Kitchen….there’s no place like home! Our communities in VA can be found on http://www.eastwestcommunities.com.
6.
creativesalessolutions | October 28, 2010 at 10:59 pm
I LOVE IT! That is terrific Mark. Very creative, now that is what I call taking it to the next level. Tell me how has this change affected your actual conversion rate? I can’t wait to hear about your success!
7.
Cathy Six | October 28, 2010 at 3:38 pm
Kimberly,
Great idea. So many agents have forgotten that you need to learn more about the prospect before you start your presentation. Getting them in to the kitchen (the heart of the home) is a good suggestion. It makes them more comfortable than being in the sales environment.
8.
creativesalessolutions | October 28, 2010 at 10:57 pm
Yes Cathy. Sadly I am seeing it more and more and I reached out to some of my colleagues to see if they too were seeing similar and confirmed my worst suspicions. There are probably many reasons why this alarming trend is getting worse, but regardless it is an excellent reminder that we need to pay attention to ALL the details and focus our training efforts back to the basics. Thank you so much for taking the time to respond.
9.
Bill Jaxheimer | October 29, 2010 at 12:25 am
Kimberly,
I agree with Cathy. I too think your suggestion about getting the prospect into the kitchen area of the display model is huge. It is a great place to break down the defenses of a prospect. If people are comfortable and relaxed they tend to be more open and talkative and will reveal their needs and wants, to the professional that can eventually help them find what they are looking for. Stay away from feature dumping when you should be finding out how you can best help someone.
If anyone has ever had a group of friends over to their home for a get together, they know that no matter how many people are invited the majority of the people will mingle in the kitchen. Conversation abounds and they will stay on their feet for hours on end. Treat your prospects as friends and you may be able to help them find the home of their dreams.