Archive for the 'new home sales marketing' Category

Red-Hot New Home Sales And Marketing Solutions


What’s hotter than hot? The e-marketing strategies that are getting new homes sold. Come and learn the New, New Fundamentals with New Homes Sales Training Expert and Best-Selling Author Myers Barnes and Real Estate E-Marketing Expert Tom Nelson of NDG Communications at the 2010 International Builders’ Show.

This year’s show will be January 19-22, 2010 in Las Vegas. Myers and Tom will share the latest and greatest strategies and tactics of online real estate marketing used by some of the most successful companies in North America. Don’t miss your chance to ask the experts—get more information on the 2010 International Builders’  Show here.

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Boomers Still Booming


On his blog Do You Convert? Mike Lyon dishes the dirt on who’s shopping online for new homes. The latest Pew Research Center study shows that Baby Boomers comprise 35% of the total adult population using the Internet. According to Mike, “they’re wired to the Web and they know how to use it!”

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Relocation in 2009


Relocations are a big untapped market for many real estate firms. The recent National Association of Realtors Profile of Buyers and Sellers provided statistical data that indicated a strong correlation between the relocation market and Realtors (as opposed to homebuilders, developers, or others).

Our Conclusions regarding Relocation:

• Realtors have the best access to relocation buyers

• Buyers are five (5) times more likely to make their first contact a Realtor rather than a builder

• 11% of all home purchasers cited Relocation as the primary reason for a home purchase

ANALYSIS AT-A-GLANCE

Method of Home Purchase:
• 81% - From a real estate agent or broker
• 54% - Of new home buyers used a real estate agent or broker
• 10% - Directly from builder or builder’s agent

First Step Taken During the Home Buying Process:
• 33% - Search for homes via the Internet
• 17% - Contacted a real estate agent
• 03% - Contacted a builder or visited a model home

Resources Used When Searching for a Home:
• 87% - Internet
• 85% - Real estate agent
• 22% - Homebuilder

Where Buyers Found the Home They Purchased:
• 37% - From the Internet
• 33% - From a real estate agent
• 07% - Builder or builder’s agent

Internet Resources Used:
• 60% - Local metropolitan MLS websites
• 48% - Realtor.com
• 46% - Real estate company websites

DATA SOURCE:
The 2008 National Association of Realtors® Profile of Home Buyers and Sellers

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Today’s New Home Buyer


Things are Changing Fast.

Here are some fast facts from the National Association of Realtors on how new home buyers are shopping, and their expectations:

Buyers are now 1000% more likely to find the home they purchase on the Internet than in a newspaper.

Buyers are now 3200% more likely to find the home they purchase on the Internet than in a real estate publication or magazine.

Buyers are doing more research: 16.5 weeks in 2008, compared to 12.1 weeks in 2007 and only 6.4 in 2006.

Buyer expectations for online response have increased: 68% expect response within an hour, and 96% expect with in 4 hours.

The new home shopping and buying experience is now largely an Internet experience. If the experience you’re offering your prospects isn’t clearly superior to that of your competitors, isn’t it time to Get Real about your online sales and marketing?

Data courtesy NAR 2008 Buyers and Sellers Profile

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The Right Mix for the Highest Digital ROI


Over at Marketing Sherpa they’ve asked consumer marketers to rank the ROI of various online marketing tactics and published the rankings for Q4 2008. The results? It appears that email, SEO, and paid search continue to enjoy the best ROI. And, it seems no surprise that display advertising is taking the back seat now. Click here to read the whole article.

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Real Estate Industry Expert Myers Barnes Publishes New Book


Industry expert and one of NDG’s most respected mentors Myers Barnes has just published his latest book, New Home Sales in a Nutshell.

Myers is the guy that everyone in new home sales turns to for training, inspiration, and the insights that help turn average salespeople into true super-achievers. His new book delivers truly effective strategies for success in a challenged market. We’re confident that New Home Sales in a Nutshell will have new home salespeople closing sales like clockwork, and happy to give our endorsement of this leading industry figure and his exceptional new book.

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NDG takes GOLD at the Nationals Awards


The Nationals is the nation’s largest competition for new home sales and marketing, and is presented by the National Sales and Marketing Council of the National Association of Home Builders (NAHB). This year, NDG received a Gold Award for our work for the Kaine Homes website, in the category Best Website for a Builder.

Prior to the new website’s launch, the previous Kaine Homes website received approximately 3,000 visits per quarter. The new website has been promoted via email, print, direct mail, corporate collateral, and even via social media sites such as Youtube. Site visits rose to approximately 6,000 in the first quarter after launching the new website, and recently measured approximately 12,000 discrete visits per quarter.

We’re happy to share this recognition with Kaine Homes and very proud of our achievement of the Nationals Gold Award.

Click here for a complete list of the 2009 Nationals Awards Gold Award Winners.

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REACHING OUT TO REALTORS, Part 2


In this post, we continue our discussion of how to properly reach out and engage Realtors in your sales process.

Remember, what the realtor wants more than anything is more REFERRALS. Even with cash incentives, the realtor may feel compelled to pass on some or all of this benefit to their client to get that coveted referral. So if you can structure a program that offers the realtor other incentives in addition to bonuses and good commissions—such as trips to a spa, or travel gifts—you’ll provide a spectrum of rewards that will help you attract more realtors.

And, if you can provide just as many rewards for the realtor’s clients such as upgrades or additional options, or help with costs or down payments, you will have given the realtor every reason to bring clients to your property.

Contact is also very important—It’s not enough to have just an introductory event and send out an occasional postcard. Create events that encourage realtors to bring their clients to experience what your community has to offer, and do them more often. Provide give-away gifts or drawings that reward both the realtor and client for attending.

Always remember: Providing incentives is the key to successful realtor outreach, and that without realtor participation, you’re missing possibly more than 50% of your potential sales.

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Show Me the Way, Part 2


By following some basic rules, we can ensure that we see real returns on our signage investment, ensure that we’re giving sales staff everything they need to get traffic flowing, and remove any room for excuses. Here are some more fundamental rules for making sure that we get the most from our signage.

TEMPORARY SIGNAGE:
These signs, while temporary, are absolutely invaluable for driving traffic. They include A-frames, flags, spinners, etc, with messages such as “Now Open”, “Event Today”, “Decorated Model,” etc, and they should all naturally list the property name and contact information including phone number and website address should those interested not have time to stop for your event.

PROXIMITY BILLBOARDS:
Outdoor signage like billboards can be very cost-effective. Rather than using these signs as branding for your company’s offerings and lifestyle, etc, these should be used as very large “directional” signs that are simple, basic, and to the point: “OPAL POINT / NEW TOWNHOMES / NEXT LEFT” and of course, again, you must include the property website address.

READABILITY & CONSISTENCY:
Finally, what makes signage effective is ensuring that it is engaging and attention-getting while also being easy to read, easy to pull the essential information from (see the criteria for “Entrance Sign” in our last post), and ensuring that all signs are consistent—that is, that each clearly looks like it came from the same property. When signs do not appear to be all from or for the same property, they are confusing to the prospect. And, consistency helps build recognition, further maximizing your investment.

There are of course more kinds of signage, and things you can do with them, but these are the essentials you must follow to make sure your new home sales signage is really working for you as hard as possible.

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NDG Communications at IBS 2009


We invite you to join NDG Communications President Tom Nelson at the 2009 International Builders Show in Las Vegas. Tom will be a featured guest speaker again this year and his topic will be “Attracting Today’s Buyers Online: Building Success with Connected Customers.” The panel for this talk also includes Mike Lyon of www.DoYouConvert.com and Stephen Feltner, President of New Homes & Rentals Divisions at Move.com.

Tom and his fellow panelists will provide extensive strategies for developing effectively targeted online marketing campaigns, including:

• Proper integration of online and offline marketing initiatives
• Fulfilling buyer expectations of real estate websites and their content
• Understanding the latest online marketing trends to help reduce standing inventory and drive more home buyer traffic to sales centers

Date: Thursday, January 22, 2009

Time: 8:00AM to 9:30AM

Location: North 259/261

Click here to see the official IBS website listing for Tom’s talk.

If you’re a homebuilder and ready to help make your online investment create real, measurable returns, this talk is one you just can’t miss.

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