New RW Logo
 
December 29, 2010 
Volume 12 - Number 52
Streamlining the Business of Commercial Real Estate
Join Our Mailing List! 
Divider Line
In This Issue
The Day After and Beyond
Hot Deals/Leads
Featured Internet Site
Past Newsletters
Divider Line
realwired!
Ask about our latest offering,
 
The perfect system for Banks to lower the cost of ordering appraisals, managing 3rd party service providers and managing problem real estate loans.
Divider Line
3 Reasons Why 
QuickConnect+©  
Are you...
 
Tired of trying to email attachments and documents to clients just to get a "Delivery Failure" notice?
 
Paying overnight charges for large documents?
 
Ready to solve delivery delays and improve workflow and increase production?
 
We have the solution for you...QuickConnect©.
Divider Line

No. 1 Selling Comp
Database Software
DC Live Demo Image
Divider Line

EDGE 

More than 5,000 of you love DataComp©.  Now be the first to have EDGE©...the Appraisal Report Generating software.

Divider Line

For more information on RealWired! Products and Services, please visit our website, call 813.349.2700, or email Sunda.

TOP OF THE WEEK TO YOU!
(by realwired! CEO, Brenda Dohring Hicks)BDH Photo
 
Top of the Week to You! is designed to offer the inside scoop and latest of what's important in the world of technology as it relates to the commercial real estate industry.
The Day After and Beyond
As 2010 comes to a close and we have memories of the lovely Christmas and holiday time we have had, our thoughts begin to turn to 2011.  For myself and many of you, that means looking back at what you did right in 2010, what you did wrong and now what you want to do differently to make 2011 a year to be proud of.

Something happened to me the day after Christmas which reminded me of what we at RealWired!, and I hope you to, continue to do right...take really good care of our existing clients.  We all know we have to earn new clients all the time, but often just like those around us that we love; we sometimes forget to take really good care of those that are already in our lives.  My experience on the day after Christmas dealing with a company we have done considerable business with for a number of years, brought this point front and center.  I called in for tech support.  I tried to be as patient as possible while the support person on the other end of line continued to sigh and complain that her headset was not working very well, making me have to repeat myself over and over.  I tried to be patient as she told me she had no idea how to quickly find an answer to what seemed to me to be a very simple question about my User Id.   I tried to be patient, acknowledging that it was the day after Christmas and, like many companies, this one probably had fewer people than normal on staff, but frankly, I really did not care.  I tried to be patient, but finally gave up.

Take this experience and multiply it by a thousand times.  During "the day after", this person and all like her will wreck havoc on some of this company's best customers.  It is just wrong.  And worse, it will not just happen the day after, but it will happen again and again, slowly eating away at any good will and positive experiences the customer may have had in the past.

So as we look into 2011 and write those New Year's resolutions, make sure that one of them - a big one - is to focus on how we treat those who already do business with us.  Focus on what you do right in this area and improve that.  Research shows that focusing on what we do right (not what we do wrong) is the easiest place to make improvement.  While you are at it, make sure to quickly correct the things being done wrong where evident and simple to do so.  If someone is an unhappy in their position, move them out of it.  If someone does not have the technical skills needed to do the job, make a change.  Put your best people together with your clients at every chance you get.

Now apart from my "rant", here are three tips that might also help you.  These three always pop up as the top areas to get quick return on the "improvement scale".

Continually test your intuitive beliefs.  Just because something has worked one way for you, try something a different way and see if that works better.  For instance, take a look at e-mail.  Study how you use it and see if it really is making you be a more effective communicator.  A good test is to close it for periods of time during the day and see what your results are.

Maybe this can be the year of getting rid of paper, or at least minimizing it greatly.  Scan everything you can, not only at work, but at home as well.  You can clear up massive amounts of paper giving you more space and just a tidier environment.  You will be so pleased at how easy it is to find what you need whenever you need it.

Number 3, but certainly not meant to be last is take steps towards having a great CRM - Customer Relationship Management system.  If you are like me, you probably just finished sending holiday greetings and corporate gifts and so you came to realize the accuracy of your database.  If you are honest, it is not as current or accurate as you wish it was.  Key to this is scheduling time throughout the year to confirm and update the contact information.  I hope this is the year you recognize that as wonderful as Outlook is for calendaring and email communication, it is not an appropriate tool for a company wide database which sets you up to treat your customers with the care and attention they deserve.

We are not perfect...but we sure try to be, so if anyone from RealWired! treats you like it is the day after a holiday and we are working with a skeleton crew, I sure hope you will let me know.  Better yet, let the person you are interacting with know so the "correction" can be swift!

Happy New Year and I look forward to speaking with you every week in 2011!


Click here to join our blog discussion or simply shoot me an email when you get a chance.
Hot Deals/Leads
Kahala Corp. trades as Frullati Café and Bakery and Rollerz at 75 locations throughout AR, CA, FL, IL, IN, LA, MI, MN, MO, MS, NM, OH, OK, OR, TN, TX and WA. The restaurants, offering sandwiches, smoothies and bakery items, occupy spaces of 600 sq.ft. in malls and 1,000 sq.ft. in power centers. Plans call for 30 openings nationwide during the coming 18 months. The company will also consider locations in office buildings. For more information, contact  Kahala Corp., 9311 East Via de Ventura, Scottsdale, AZ 85258.

Bill Gray's, Inc. trades as Bill Gray's Restaurants and Tom Wahl's at 24 locations throughout NY. The quick-service restaurants, offering burgers, fries, steaks and seafood, occupy spaces of 6,000 sq.ft. to 7,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout Rochester and Syracuse, NY during the coming 18 months. Typical leases run five to 10 years with options. Preferred demographics include a population of 65,000 within five miles earning $40,000 as the average household income. For more information, contact Bill Gray's, Inc., 964 Ridge Road, Webster, NY 14580.

Starbucks operates 15,000 locations nationwide and internationally. The coffee shops occupy spaces of 1,200 sq.ft. to 2,000 sq.ft. in downtown areas, office buildings and endcap spaces in shopping centers. Growth opportunities are sought throughout Manhattan, NY during the coming 18 months, with representation by Northwest Atlantic Real Estate Services, LLC. Typical leases run 10 years with options.  For more information, contact Northwest Atlantic Real Estate Services, LLC, 711 Westchester Avenue, 2nd Floor, White Plains, NY 10604.

Galeria Art & Home Décor operates 12 locations throughout FL. The stores, selling home furnishings, occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in neighborhood and power centers. Growth opportunities are sought throughout southeastern FL during the next 18 months, with representation by Horizon Properties. For more information, contact Horizon Properties, 7785 Northwest 146th Street, Miami Lakes, FL 33016.

Bob Williams +
Mitchell Gold operates 14 locations nationwide. The stores, selling better lines of furniture geared to those with modern lifestyles, occupy spaces of 7,500 sq.ft. to 9,500 sq.ft. in freestanding locations and lifestyle centers. Plans call for three openings throughout the New York, NY metropolitan area; Los Angeles, CA; Dallas, TX; Seattle, WA and Chicago, IL during the coming 18 months, with representation by Robert K. Futterman & Associates. For more information, contact Robert K. Futterman & Associates, 521 Fifth Avenue, 7th Floor, New York, NY 10175.

Like these leads?  Want More?  Go to the Dealmakers website for a Subscription. Dealmakers, the nation's weekly news source on retail real estate.

Featured Internet Site of the Week
StillTasty
How long will your favorite food or beverage stay safe and tasty? What's the best way to store it?  Get answers for thousands of items.

Past Newsletters