Homebuilder #1 Referral Driver: Keeping Buyers Informed

Eliant, the home building industry's largest firm specializing in managing the consumer experience, notes in a recent Builder & Developer article that the single largest referral driver is how well the builder keeps buyers informed regarding the status of construction!

Keeping Your Buyers & Homeowners Informed 24/7

That statistic is part of a very interesting article by Bob Mirman, Eliant's founder/CEO, as he points out similarities between hospitals and home builders.

Hospitals & home builders, you might ask? Drill down a bit: patients and home buyers are anxious, worried, confused and scared as they're involved in an unfamiliar environment. Not for the same reason but.. still concerned. Mirman suggests empathy goes a long way towards making everyone feel comfortable.

Mirman's second point is the value of contact when delays are encountered -- or anticipated.  He suggests asking: do your employees proactively reach out -- and how?

The third and most critical point is the impact of status updates -- and isn't that the case with most consumer-facing businesses? Mirman noticed and appreciated the daily calls from the assigned staff internist.  He knew he'd get the latest information and didn't need to worry about voicemail, missed calls or miscommunication through a 3rd party.

Think about your operations: how do you keep buyers up-to-date? 

We'd like to suggest taking a look at CPS' FieldCollaborate with its Portal.  Your buyers have access, 24/7, in real-time, to stage-of-construction photos and schedules.  It's their "piece of the pie" automatically generated from use of FieldCollaborate's construction scheduling application.  Tie it to your website and other than taking photos, no extra work is needed on your part.  Status updates are automatic, always visible and right there, 24/7 -- on their desktop, laptop, phone or tablet! 

Referrals can be a key sales driver; we've just learned that status updates are the #1 key referral driver!

2016: What's New in CPS CRM?

Today's new home buying experience, for the home shopper, frequently isn't seen as too very different than any other retail experience. Of course, prices are a bit higher than in a car dealership or a furniture store but overall we see an interest in a seamless -- and efficient -- consumer shopping experience.

CPS CRM provides builders with a unique design and approach to manage the new home sales process through a single experience.  Bob Musa, CPS' President says, "Our job, as software developers, is to harness technology to help make a great buying experience for consumers along with a consistent, reliable and powerful back-end processing environment for the builder."

2016 CPS CRM: Seamless Integration is a keyword!

Several key concepts emerge:

• Supporting a seamless customer interaction: Home shoppers come into contact with the builder and specific communities through multiple channels -- builder website, mobile registration, 3rd party marketing sites, a developer information center and, last but certainly not least, the sales office itself.  No one wants to register multiple times, providing the same (or different!) information.  CPS CRM accepts registration from all sites, seamlessly, and recognizes when a prospect has previously registered, as well. 

• Cloud Enhancements: CPS CRM is, of course, a cloud-based system -- available anywhere/anytime.  We've added another cloud-based application, DocuSign, to our integration processes so agents can generate purchase agreements using CPS CRM and provide anywhere/anytime purchase agreement execution access for buyers -- as well as co-op agents, lenders, escrow agents and the builder -- via DocuSign. And, this is an end-to-end enhancement of the current contract wizard -- prospect registration, floorplan/homesite/option selections, loan program calculations are seamlessly integrated into the DocuSign forms.

• Enriched Back-end Processing: The new home sales, construction and document process is a series of key dates and steps.  CPS CRM facilitates sales processing with easy-to-maintain checklists along with automatic email reminders regarding pending or behind-schedule activities. 

We'll be in Las Vegas for the IBS Builders Show -- stop at Booth C2856 and we'll show you how to enhance your home builder sales process with CPS CRM!