by Diane Masson | Jun 23, 2013
Are hot leads attitude or reality? I say attitude! Some senior living sales people expect a prospective resident to walk in and say, “I have my house on the market and I’m ready to move into your retirement community.” How often does this happen? It could happen 20% of the time. This means 80% of the time, a sales person needs to build a relationship, document it in the database and do the dreaded follow up phone calls. Oh yeah, it’s called work. If it was easy selling senior living, retirement counselors would be paid minimum wage.
With proper nurturing, over time, a cool lead can become warm and a warm lead can become hot!
Too many senior living sales people say they don’t have any hot leads. Yet, if you were a little mouse on their shoulder, while they met with a senior…. This is what you might hear the prospective senior resident say, “I’m not ready yet (NRY).”
In sales they say, don’t listen to the first no. Well I say, don’t listen to the first 10 NRY! The senior can still be a hot lead (ready to move in a few months)!
NRY simply translated means I am scared. It’s hard for a senior to give up their home of 30, 40 or 50 years and move. It’s a lot of work. The more time they spend at your retirement community the better. They will fall in love with your residents. Then the senior can decide they will gain more by moving into your retirement community, than what they are giving up.
The mindset of the sales person dictates how many hot leads they have. Believe – truly believe the seniors are ready to move in sooner than what the prospective resident actually says to you. Typically just cut the time frame a senior says in half.
Please share your success, failures or comment to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with Seniors For Living and two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email: diane@marketing2seniors.net
by Diane Masson | Jun 2, 2013
Are you strategizing out your next move with warm and hot senior housing leads on a daily or weekly basis? A senior living sales person should always take time to reflect after an appointment with a prospective resident. Immediately input notes into your lead database system (like REPS). If you wait until the end of the day or don’t use a database system, this could be negatively affecting your occupancy. Jot down some key situational information:
- Where are they living now? Home value?
- What prompted his or hers visit?
- Is anyone helping them now?
- What is their greatest concern?
- Are they lonely?
- Health issues?
- Pets?
- What is most important to them in a future home?
- Which apartments did you show them and which one did they like best?
- Assets? Monthly income?
- What did they like best about your retirement community?
- Could they see themselves living in your community?
- Timeframe for moving in?
As a senior living sales person reflects on the above situation, a strategy for the next step in the sales process can start to formulate. It is extremely beneficial to run this by a sales collogue, your director of marketing or your executive director. I don’t care how many years that you have worked in this business; two heads can strategize better than one. I discuss hot leads with my teams every week. Team members contribute excellent suggestions to help a warm lead become hot or help turn a hot lead into a move-in.
Strategizing leads can be the spice of life to help increase your occupancy! It works!!!
Please comment to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with Seniors For Living and two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email: diane@marketing2seniors.net
by Diane Masson | Apr 28, 2013
After the initial tour are you or your senior living sales people classifying the lead correctly in your database and following up with the prospective resident appropriately?
What is your retirement community’s definition of a hot lead?
Many senior housing professionals only classify a lead as HOT if:
- The senior says they want to move someplace right away.
- They tell you their home is on the market.
- The adult child says their mom or dad is in the hospital and can’t move back home.
Here are some more lead situations that I would classify as hot (Even if they say – “I AM NOT READY YET!”):
- The senior is considering putting their home on the market.
- Someone wondering how long they should continue living in their home.
- Telling you they are about a year away, but also saying it has been difficult managing in a two story home.
- My spouse has just been diagnosed with…
Prospects don’t jump up and down and say I am an easy sale. Senior Living Sales is an art and it’s up to us to read between the lines. If someone comes to see you in person, they should be a warm or hot lead until they clearly indicate they are not. They walked into your senior living community for a reason…
Post-analyze their situation in the quiet of your office. This can help you strategize how you can help move someone forward the next time you talk to them. Some sales people (particularly green sales people) can benefit from strategizing with their boss to determine the next course of action with a prospective resident.
Can anyone share how they read between the lines, helped a senior solve their problem and it resulted in a move in?
Please comment to join the conversation and interact with other senior living professionals on what is currently being effective to increase occupancy on a nationwide basis.
Diane Twohy Masson is the author of “Senior Housing Marketing – How to Increase Your Occupancy and Stay Full,” available for sale at Amazon.com. Masson’s book will be required reading at George Mason University in the Fall as part of the marketing curriculum. She is currently consulting with Seniors For Living and two debt-free Continuing Care Retirement Communities in Southern California – Freedom Village in Lake Forest and The Village in Hemet, California. Connection and partnership opportunities: Email: diane@marketing2seniors.net
