| January 27, 2006 |
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Kitchen and bath designers, interior designers, remodelers, builders, etc. all have national associations with local subsidiaries, just like Realtors have the National Association of Realtors and their local associations. These groups can be terrific sources for networking to help your build business. In return, you can be a big help to them by keeping them informed of local market conditions and stories of interest about what consumers are thinking when it comes to buying or selling a home. Are consumers wanting homes already done, or are they seeking bargains to redo themselves, or both? What kinds of preferences are they indicating? Where have sales been made, lost? You want to know what intel designers and builders have, too, so you'll know the latest advances that can be offered to buyers and sellers in terms of space planning, storage, adding rooms, updates, appliances, countertops, cabinets, built-ins, and much more. This is information that can help you make or save a sale. For example, have you ever had a ranch-style home that didn't sell because buyers complained it was too dark? Ranch-style homes are boxes, and almost every interior wall can be easily moved to open up a room. If your buyer is hesitant, you can show her/him photos of other ranch-style homes that have been "daylighted" this way. Give them the business card of your networking interior design buddy. He or she gives the buyer a quote of what it would cost to open up the floorplan. The buyer adds remodeling costs into the loan, and you've made a sale. When the designer's clients are ready to sell their homes, he or she will refer them to you. So how do you cross the bridge to beginning a new relationship with people and sections of the industry that you don't know?
One idea that Realtors and designers can work on together is how to improve the market for the ranch-style home. The largest bulge of inventory is homes built between the 1950s and 1970s, many of which are single-story ranch-style homes. As homebuyers whet their appetites for newer homes, these homes are becoming more obsolete due to their smaller sizes, outdated floorplans and aging electrical, plumbing and appliances. Rather than lose buyer business to the suburbs, Realtors can fight the trend by encouraging homebuyers and sellers to rehabilitate these treasures. Realtors and designers can work together to create scrapbooks and shadowboxes that illustrate how easy it is to move walls and create expansions on the typical ranch-style home. This will provide more options to buyers and sellers. |
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