Jonathan Sweet - Remodeling Notes
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Monday, July 14, 2008
Time to go a courtin'
Jul 14 2008 10:42AM | Permalink | Email this | Comments (2) |
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This reinforces what I heard from our Market Leaders earlier this year -- even the most affluent customers are taking a wait-and-see attitude. No big surprise considering the current state of the real estate market.
Bob Gallagher, one of the owners of Sun Design Remodeling Specialists in Burke, Va., had something interesting to say. He said they're not trying to sell the client anymore, they're "courting" them. Where a design agreement once might have been signed in one visit, three or four meetings with a prospect before they sign isn't unusual now.
Sun Design's sales team is working to get more connected to prospects, to focus on the "whys" (why they want to remodel) of remodeling instead of the "whats" (what they want remodeled.)
It's something all good remodelers should be doing and should have been doing already, but as Gallagher says, it was easy to get lazy the last few years.
You can read more on the 2009 forecast and strategies for dealing with the slowdown in our August issue.
Reader Comments
at 7/15/2008 10:14:27 AM, David Vossberg said:
Jonathan, I am a remodeler in the Southern NH, Northern MA area and we have been experiencing the same thing here. I have commented several times to my employees how much longer the sales/design process has been taking. I think the homeowners are being very intentional in making sure they put the "right" amount of equity into their homes with the "right" contractor. Dave
at 7/15/2008 1:29:43 PM, Jonathan Sweet said:
Thanks for the input, David. I've talked to several more remodelers about this since I posted and they're saying the same thing. Customers are very cautious and want to make sure they don't "over remodel."

