New Home Sales - Closing Techniques

We have learned already that in order to be thecounter-tops, are these what you were looking
best of the best in New Home Sales that wefor?" "Isn't Radiant Barrier Roof Decking a great
must ask for the sale because 60% of myenergy saving feature? Over time, it would pay
competition is not doing it. We have also learnedfor itself by reducing your energy bills, wouldn't
that we must not allow negative thoughts toyou agree?"o The No Hassle Close - This closing
control our actions and we must practice havingtechnique again works with the assumption
an Attitude of Gratitude. And we now know thatprincipal in that you begin to fill in the paperwork.
we need to be prepared to ask for the sale byWhen you fill in all of the forms for them, you
minimizing the possible rejections and objectionstake away a level of stress that can cause them
that we will encounter. Now you are probablyto take it home with them so that they can
asking, "How do I do this?" It is easy to write"think about it." It would be wise to include the
about it and easier to read the theories behind it,loan application package as well. Many times, I
but how do we apply this today? Action! Wewould utilize this by asking them to clarify the
must put into action the material that we arespelling of their name and address as I began to
internalizing.input their information in the computer.o The
There are multiple styles of sales closingSummary Close - This is the simplest and most
techniques that have been discussed over thepowerful close that you will use. After spending
years. As I mentioned previously, generic salestime with the prospect, asking questions, and
manuals have taught many sales peopledemonstrating the features and benefits of the
techniques to improve their sales skills. I amhome to fit their needs, all that is needed is to
venturing out on my own to state that evensummarize the key points of interest for them
though these have proven effective, the closinginto one package. For example: "So, as well as the
techniques utilized 20-30 years ago may no longerfloor plan that you love, you are getting a nice
be as effective. As time passes, consumers arecovered patio, a fireplace for your enjoyment,
educating themselves more about the products inand the large yard for kids to play in with the dog.
which they purchase. They are also aware of theHow does that sound?" This works by repeating
techniques taught by sales trainers. If you satwhat the prospect has already agreed upon. It
down with an educated business professional andjust sounds better in a package. Combined with
tried the Ben Franklin close (listing the positivesthe "Multiple Yes" close, this is extremely powerful.
for purchasing on one side of paper and listing theAs stated earlier, it is imperative to remember
negatives on the other whereas the positivethat closing the prospect with the wrong intention
column is longer than the negative), the consumercan and will lead to a loss of your income by
may be offended. Therefore, you just lost thelosing the sale. Closing techniques to avoid are:o
sale.The Compliment Close - Complimenting people to
There are some techniques though that whengain their favor is usually acknowledged by the
used at the right time, work. Figuring out theprospect. You will lose sincerity and respect.o The
timing will take practice but usually comes naturallyDistraction Close - When we attempt to close a
when we have earned the right to ask by buildingprospect on the sale because we caught them at
rapport and trust.o The Power of Three Closes -a weak moment can lead to an eventual
Cost, Quality and Time combined are the trilogycancellation. It is a waste of everyone's time and
of the classic business measurement. Asis simply dishonest.o The Doubt/Reverse Close -
salespeople, we utilize the power of three toThis principal is discussed that you show doubt in
summarize why a prospect should purchase.the product in order to get the buyer to disagree.
Incentives, Products and Benefits are threeIt is absolutely ridiculous for a professional
examples that you can use. For example: "If yousalesperson to show doubt in their product.o The
buy today, we will be able to pay for your ClosingEmbarrassment/Shame Close - By making the
Costs, Pre-Paid expenses, and Title Insuranceprospect ashamed or embarrassed only provokes
Policy." Or, "The home that you just saw isnegative feelings that will return to them after
better-looking, better-built, and better-equippedthey have left your office. The very thought of
than any other that you have seen. Correct?" Byyou will re-ignite these emotions and cause them
utilizing the "Power of Three" you create ato avoid you in the future.o The Deafness Close -
mysteriously compelling reason to buy.o TheWhen the home buyer offers an objection and
Alternative Close - This is also known as theyou choose to ignore it, the buyer then feels as if
"Either/or" close. This closing technique worksyou don't care about them. If you do not know
when we have already assumed that the buyer isan answer, simply state that you don't know but
going to purchase, it's just a matter of which one.will find out and give them the answer.o The
For example: "Would you prefer the home withHurry-Up Close - Similar to the "Distraction Close,"
the red brick or the beige stucco?" At this point itby hurrying and not addressing any needs or
is very rare to have a customer respond withconcerns of the buyer, it will lead to an eventual
"neither." Usually, the prospect is deciding betweencancellation. Our time is too precious to waste on
what he/she considers their two best options.owriting "bad paper."o The Puppy Dog Close - By
The Assumptive Close - This technique is similaracting cute to invoke a positive response is
to the alternative close because again, we arequickly spotted as unprofessional. Many times, this
assuming the buyer has already made a decisioncan backfire as one partner may perceive you as
to purchase. This is accomplished by taking thebeing flirtatious with the other.
prospect to the next level by asking them, "WhenWhen we believe in the product that we are
would you like to move in?" or "What will yourselling in addition to knowing that we are providing
friends and family say when you tell them abouta need for the consumer, we never have to
your new home?"o The Multiple Yes Close (Minorresort to manipulation nor dishonesty to convince
Points Close) - This type of closing technique canthe prospect to purchase. This relates back to
and should be used throughout the sales process.whether or not your spiritual life is correct. When
By getting the customer to agree to minor pointswe choose to live a life of accountability to God,
throughout the sale, it makes it easier to work upour Spirit within us will not allow us to continue to
to the big "yes." For example: "You mentionedbehave dishonestly. It is a lot easier to earn
that gas appliances were important to you. Aremoney by being honest with ourselves, our
these the types of appliances that you had inemployers and our family than it is to live a life of
mind?" "When you mentioned solid surfacedeceit. Remember to sell with integrity!