Back to Home Page

NEW HOME SALES
by Dave Stone

TABLE OF CONTENTS

    Preface

    1) The Opportunities and Challenges of New Homes Sales
    The Unique Challenges of New Home Sales
    Motivation: The Key to Meeting the Challenges
    Preparation
    First Impressions Are Important
    Making Customers Feel Comfortable
    Organize Your Personal Sales Environment
    Requirements for Success
    Making the Most of the Opportunities
    Conclusion

    2) Using Well-Planned Presentations
    The Importance of Selling Skills
    The Objectives of an Organized Sales Presentation
    How to Build a Presentation
    Address Yourself to Your Buyers' Motives
    Guidelines for Management of Sales Exhibits
    The Credibility of the Presentation

    3) Qualifying and Counseling Prospects
    Beginning the Qualifying Process
    Qualifying Categories
    Questioning Techniques
    Self-Evaluation

    4) Demonstrating New Home Sales
    The Importance of New Home Demonstrations
    Planning a Demonstration
    Competitive Research
    Using a Value Index System
    The Walk-Through and Rehearsal
    The Do's and Don'ts of Showing a New Home
    Achieving the Purpose of the Demonstration

    5) Converting Objections Into Closing Opportunities
    The Nature of the Home buying Decision
    Avoid Jumping to Conclusions
    Types of Objections
    When to Be Hard of Hearing
    Avoid Defensiveness
    Stay on the Prospect's Side
    The Seven Steps to Handling Objections
    Anticipate Major Objections
    Third-Party Stories
    The Principle of Reduction
    Documentation
    Prepare a Working Plan for Dealing with Objections
    Commonly Heard Objections
    Summary

    6) Creating Urgency to Induce Action
    Everything in the Sales Arena Should Convey the Message of Urgency
    Teamwork
    Phasing and Marketing Strategy
    Summary

    7) Generating Sales with Be-Backs
    The Importance of Be-Back Business
    Getting Be-Backs by Generating Emotional Involvement
    Maintaining Good Prospect Records and Profile Data
    Selling Against Competition
    Follow-up
    The Importance of High-Yield Opportunities
    Conclusion

    8) Closing the Sale
    The Relationship between Qualifying and Closing
    Handling the difficult Decision-Making Process
    The Four Steps to a Sale
    Closing Techniques
    Avoid Introducing Too Many Decision-Making Subjects
    The Closing Question
    Types of Closes
    Body Language and Buying Signals
    Relieving Buyer Tension
    The Salesperson's Approach
    Initiating the Close
    Confirm and Reinforce the Buyer's Decision

    9) Opportunities Through After-Sales Service
    General Forms of After-Sales Service
    Keeping Buyers Informed
    The Purpose of After-Sales Service
    Specific Ways to Provide After-Sales Service
    Maintain Good Customer and Sales Records
    Buyer Involvement
    Help with the Transition to a New Home
    New Resident Activities
    Welcoming Buyers to the Community
    Summary

    10) Managing and Marketing New Homes for Builders
    The Role of the Broker in Builder Sales Management
    How to Effectively List Builders' Homes
    Commission Arrangements in New Home Sales Programs
    On-Site Versus Off-Site Representations
    Models and Demonstration Homes
    Selection and Recruitment of Personnel
    Educating New Home Sales Agents
    Motivating Salespeople to Achieve Optimum Results
    The Responsibilities of On-Site Personnel or Listing Salespeople
    Communicating and Reporting to Builders and Managers
    Creating Cooperative Broker Programs
    Responsibilities of Listing Agents or Builder's Sales Managers
    Policies and Procedures Manuals for New Home Sales
    Summary

    11) Improving Communication Skills
    The Importance of Listening
    Major Rules for Communicating
    Natural Communication Tools
    Props and Visual Aids
    Cooperative Response
    Conclusion

    12) Creativity in Selling and Financing
    The Need to Understand Creative Financing in Today's Housing Markets
    Creative Financing Checklists
    An Application of Creative Financing Techniques
    Some Creative Mortgage Alternatives
    Contracts for Deed or Land Contracts
    Wraparound Mortgages
    Conclusion

    Glossary

Back to Home Page



The Stone Family Enterprises Copyright © 2004
-2007 All Rights Reserved