about the author · about the author as chief operating officer of the sales & marketing magic...
TRANSCRIPT
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About the AuthorAs Chief Operating Officer of The Sales & Marketing Magic Companies,
Tami Siewruk shares more than 20 years of experience in multifamily
housing, encompassing leasing, marketing, management, training,
authoring, consulting, developing, and Brainstorming! For more
information on Tami's newsletter, Sales & Marketing Magic for
Apartment Professionals; the latest Tools & Forms Catalogue; The
Annual Multifamily Housing Brainstorming Sessions�; or to receive
Tami's top ideas that are just �Too Great To Wait,� FREE, via e-mail,
please call 727-784-9469 or visit www.SMMOnline.com.
2002 © Sales & Marketing Magic, Inc.
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A PRESENTATION OFSales & Marketing Magic
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episode 1
the leasing approach..........................
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..........................
....1-2
episode 2
telephone techniques..........................
..........................
..........................
.......3-6
episode 3
meeting, greeting & qualifying..........................
..........................
.......7-8
episode 4
effective demonstrations..........................
..........................
.....................9-10
episode 5
overcoming rental objections..........................
..........................
......11-12
episode 6
closings..........................
..........................
..........................
..........................
............13-14
episode 7
succesful leasing using the internet..........................
................15-18
episode 8
effective use of the internet..........................
..........................
...........19-22
episode 9
climbing the ladder..........................
..........................
..........................
........23-26
episode 10
coaching & counseling for success..........................
...................27-28
episode 11
be the best on-site or multi-site manager you can......29-30
�THE EPISODE
S�
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1
Over the years there have been many types of leas-
ing approaches taught. Our industry and more
importantly the people we serve have changed. The
techniques that we used in the past are no longer as
effective as they once were. Certainly some of the
techniques are still viable while others are not effec-
tive. People don't want to be sold they want to be
served and today's leasing approach must fit this
desire of being served in order to be effective. In
other words we are not
"selling" apartments
we are "selling" future
residents. If you really
want to succeed in leasing
apartments you must move
beyond "leasing apartments" to
helping the future resident solve
their moving and lifestyle needs
and wants. They want your help or
they would have never contacted you.
They want you to help them find the
new apartment home they are looking
for. Before you can help them you have to
develop rapport and win their confidence.
This approach is known as customer focused
or relationship selling.
Tasks of the Leasing Process
Before you can lease apartments you must realize
and understand the entire leasing process.
1. Effectively handle all requests for informationabout your community, including telephone inquiries,with the goal of persuading the future resident to visitthe community personally.
2. Meet and greet future residents (at the front doorif possible). Offer your hand, offer your help, and offer acomfortable chair.
3. Qualify future residents and find out their needsand wants. Be certain the future resident is at least 18years of age, marketing source, number of people to livein the apartment, size of apartment home desired, mov-ing date, budget, preference of upstairs or downstairs,preference of carpet, etc.
4. Fill out a welcome Card for each future resident.
5. Present/show/demonstrate the model (if the com-munity has one) and an available apartment. Demonstrateto the future resident the major amenities such as the fit-ness center, pool area, tennis courts, business center and soon. Discuss the community, Management Company, servicedepartment and special services.
6. Have complete product knowledge of everyfloor plan within your community! Show all closetsand added storage spaces, know your squarefootage of storage and how many hangers can be
hung in each closet, views, appliances that have spe-cial features, get them to place their furniture and dis-
cuss possibilities. If your community offers custom homeupgrade options explain the program and possibilities. Bealert for objections and be prepared to overcome them.
7. Invite the future resident to become a resident inyour community.
8. Invite the future resident to complete the rentalapplication. Introduce the future resident to other teammembers if possible, and complete any necessary paper-work. Once the future resident has filled out the rentalapplication and has signed it, collect the application feeand deposit.
1EPISODE
putting the Pieces together:
the Leasing approach
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2
9. Verify the information on the applica-
tion and check the applicant's credit, then
present to the community Manager for
approval or denial of occupancy.
10. Mail the future resident a
Thank You or Welcome Letter. Once
the application has been verified and
approved provide the future resi-
dent with the numbers to call for
water, cable, Internet access,
newspaper, electric, gas and
telephone services, their new
address, and the amount of rent that will be due upon
move-in. Many communities today are offering to make
these calls for the resident as an added value service. Keep
in mind that, an important part of the leasing process
includes making certain that the new resident under-
stands every detail of the move-in process and has no sur-
prises on move-in day or during the term of the lease.
11. Complete all move-in paperwork. Make certain
that the apartment door locks have been re-keyed and the
appropriate keys to the apartment and mailbox are ready
for move-in day. File all paperwork in appropriate files.
12. If the future resident did not lease, follow up by
writing a thank you note, sending a post card or mailing
further community information�and make follow-up
telephone calls.
13. Continue the follow up process until the future
resident has leased in your community or in a competitor
community. If the future resident leased in a competitors
community determine why they selected that community
over yours. Keep a record of this information.
14. Be familiar with other local communities within
your company and also with competitor communities. If
you can't help a future resident, always refer them to
another community. By keeping a set of brochures on near-
by communities you can then offer the future resident the
information and even call the community to set up an
appointment. This will go along way in establishing a rap-
port with these other communities and they will in time do
the same for you.
15. Recognize that knowledge is your key to suc-
cess in each of the steps and areas addressed above. This
includes knowledge of the leasing process as well as
product knowledge. The more you know, the more you'll
grow. Remember also that knowledge isn't a static entity.
It's the product of learning, which needs to be a life-long
and career-long process. The more you continue to learn,
the more you'll continue to grow as a professional.