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Eagle Constructions Home Gallery won the gold award for the Best Design Center in North America. Silver
nalists include Design Centers located in Canada, North Carolina and Texas. The Gold Award is determined by
some of the industry's nest marketing professionals in a three-day judging process that evaluates the overall
theme, function, display concept, creativity and design
used in the Design Center.
Ed Montgomery, Capitals Commercial Sales Manager, believes Our outside sales force makes all the difference
by providing a high level of service to anyone who purchases vehicles regardless of how many they buy in any
given time period.
For more information and customer support, contact Ed Montgomery at (804) 222-4600 Ext. 312.
MEMBER NEWS
CAPITAL GMC NAMED
WINNING DISTRICT FOR JANUARY
THE NEWS OF HBAR VOLUME 6 JULY/AUGUST 2011 THE NEWS OF HBAR VOLUME 8 NOVEMBER/DECEMBER 2011 THE NEWS OF HBAR VOLUME 9 JANUARY/FEBRUARY 2012 THE NEWS OF HBAR VOLUME 10 MARCH/APRIL 2012
You take pride in building their dream home.
WE TAKE PRIDE IN HELPING THEM OWN IT. As a building professional, youre
committed to helping your clients build the home of their dreams. At BB&T, we
share your passion and can provide the mortgage financing to make it all happen
smoothly, whether your clients need a mortgage loan or any other financial
product or service. To find out more, please call us, or visit us at BBT.com.
B A N K I N G I N S U R A N C E I N V E S T M E N T S
Home Mortgage
Highest in Customer Satisfaction
among Mortgage Servicing Companies,
Two Years in a Row
Mortgage products are offered through Branch Banking and Trust Company, a Member FDIC and Equal Housing Lender. Only deposit products are FDIC insured. Loans subject to credit approval. BBT.com.
Branch Banking and Trust received the highest numerical score among mortgage servicers in the proprietary J.D. Power and Associates 2010-2011 Primary Mortgage Servicer Study
SM
.
2011 study based on responses from 4,944 consumers measuring 20 companies and measures the satisfaction of consumers with their current mortgage servicer. Proprietary study
results are based on experiences and perceptions of consumers surveyed in April-May 2011. Your experiences may vary. Visit jdpower.com
2012 Branch Banking and Trust Company.
Mary Anne Brynildsen M8rynildsenbbandtcom NMLS
Janet Carlton ]Carltonbbandtcom NMLS
Gary M. Hall GMHallbbandtcom NMLS
HOME BUILDING ASSOCIATION OF RICHMOND PAGE 36
THE NEWS OF HBAR VOLUME 6 JULY/AUGUST 2011
NEW HOME WARRANTY...
WHO CARES?
THE NEWS OF HBAR VOLUME 7 SEPTEMBER/OCTOBER 2011 THE NEWS OF HBAR VOLUME 8 NOVEMBER/DECEMBER 2011 THE NEWS OF HBAR VOLUME 9 JANUARY/FEBRUARY 2012 THE NEWS OF HBAR VOLUME 10 MARCH/APRIL 2012
The short answer:
Buyers.
The l ong answer:
Builders who want to
build and sell quality
homes to satised owners
wholl refer them more
buyers.
According to J. D. Powers
Associates The #1 factor
in homebuyer satisfaction
is Warranty & Customer
Service.
H e r e s w h a t s
important to your
prospects:
Buye r s wa nt we l l
d e n e d wa r r a n t y
materi al s based on
nationally recognized
guidelines.
Buyers want a system and procedure to report problems that responds in a
timely fashion.
And, they want to know theyll be treated equitably when inevitable warranty
service requests are submitted.
What buyers are saying is CARE (Consistent, Appropriate, Response,
Expectations).
Referring to this Who Do They Trust? graph, 75 % of Buyers trust a 3rd
party Customer
Care provi der
(2nd only to a
word-of-mouth
referral). They
are working hard
to ensure that
you can do what
you like best
build homes.
Continued on
page 37.
Written and provided by: Scooter Burgess, Founder, Builder Buyer Services Group (BBSG)
Scooter Burgess
Founder
Builder Buyer Services Group
(BBSG)
HOME BUILDING ASSOCIATION OF RICHMOND PAGE 37
THE NEWS OF HBAR VOLUME 6 JULY/AUGUST 2011 THE NEWS OF HBAR VOLUME 7 SEPTEMBER/OCTOBER 2011 THE NEWS OF HBAR VOLUME 8 NOVEMBER/DECEMBER 2011 THE NEWS OF HBAR VOLUME 9 JANUARY/FEBRUARY 2012 THE NEWS OF HBAR VOLUME 10 MARCH/APRIL 2012
Fortunately, progressive builders have the option of
3rd party expertise. The right Warranty Management
expert can increase prospect/buyer condence and
reduce the substantial costs of providing their new
home warranty.
Cost conscious builders CARE (Consistent,
Appropriate, Response, Expectations)
In todays economic environment its more important
than ever to know exactly what every aspect of your
home is costing. To succeed, builders must minimize
costs without compromising quality and their
reputation. Cost conscious builders should
have high expectations for their CARE
provider.
A Warranty Management service should provide
systems, services, standards, and options that
dramatically reduce direct warranty management
involvement, easy oversight, and options that increase
sales and reduce costs.
Expectations should include technology to document,
qualify, prioritize, communicate and track service
requests and resolutions. The provider should offer an
opt i onal pre-cl osi ng Warrant y Ori ent at i on
Walkthrough producing a punch-list of cosmetic and
other xes and establishes reasonable buyer
expectations.
Appropriate Warranty Management services should
include well dened warranty materialsthat adhere to
national, local and builder specic standards. Buyers
should be able to submit service requests online that
allow the builder to monitor performance and item-
by-item resolution. Results should include a dramatic
decrease in builder involvement and consistently
improve buyer & agent relations.
A warranty management program should also have
other benets to the builders. Once the management
company begins tracking warranty issues it can
provide the builder information on their most
common problems and how to identify them. It
should tell the builder where they have consistent
issues and where they have problems with
subcontractors and offer suggested solutions.
A Coordinated Transfer of Ownership Responsibility
A well managed Warranty Management system will
tactfully convey the message; Congratulations, you
now own the home and not the builder, therefore you
are responsible for maintenance and normal wear and
tear on the home. A professional 3rd party Warranty
Management provider can help establish reasonable
expectations and provide credibility to both the
builder and the buyer. Reasonable, documented
expectations result in fair and equitable resolutions to
service requests. 3rd party expertise mitigates
apprehension and encourages a continued positive
builder/buyer relationship long after the closing. Well
documented requests and resolutions improve quality
control, efciency, and subcontractor management.
Builders who utilize a well designed 3rd party
Warranty Management CARE provider are freed
from daily service issues allowing more focus on
building and selling more homes to more satised
buyers.
New Home Warrantywho CARES?
Builders who want to build and sell
quality homes to satised owners wholl
refer them more buyers.
This was written by Scooter Burgess with BBSG (Builder
Buyer Service Group) a warranty management company. He
can be contacted at 804-794-9948 or check our web site at
www.VA.BBSGUSA.com
Historically builders have estimated warranty
expenses at .5 percent of the homes sales price
based on a one year warranty period. However in
recent years this amount has increased to .6 or .7
percent. Some builders have set aside even more,
as much as 1.5 to 2 percent for managing the
warranty, especially with higher priced homes
National Home Builders Association
HOME BUILDING ASSOCIATION OF RICHMOND PAGE 38
INVESTOR NEWSLETTER ISSUE N3 FALL 2009 THE NEWS OF HBAR VOLUME 6 JULY/AUGUST 2011 THE NEWS OF HBAR VOLUME 7 SEPTEMBER/OCTOBER 2011
The YMCA of Greater Richmond has named HHHUNT Communities, a real estate development and
management company, the recipient of this years Corporate Leadership Award. The award was presented on
February 23 at the YMCAs Annual Meeting and Strengthening Communities Fund Kickoff.
The Corporate Leadership Award recognizes a corporation that exemplies community service. With a focus on
community partnerships, HHHUNT Communities is a model of excellence in
creating quality places where people want to live, work and play.
Within their developments, HHHunt Communities strives to promote family and
healthy lifestyles by nurturing environments that are conducive to family friendly
activities. This commitment has resulted in several award-winning communities
that include YMCA branches as a cornerstone Twin Hickory, The Villages of
Charter Colony and, most recently, Rutland and has served to strengthen the
quality of life in the greater Richmond area.
HHHunt prides itself on creating exceptional places to live, said Daniel T.
Schmitt, President of HHHunt Communities. We are honored that the YMCA
has chosen to partner with us for 25 years and that they recognize our
commitment to family and community. We position family at the center of each
of our communities and continue to align ourselves with community partners,
such as the YMCA, who share these values.
We are happy to present the Corporate Leadership Award to HHHunt
Communities. They epitomize the difference we all can make in our community when we open our hearts and
give back to our neighbors. We hope to continue our partnership with HHHunt Communities in the future, said
Barry M. Taylor, CEO & President of YMCA of Greater Richmond.
About HHHunt
HHHunt is a diversied regional real estate development and management company with residential
communities in Virginia, North Carolina, South Carolina and Maryland.
HHHunt, with primary ofces in Blacksburg, VA, Richmond, VA and Cary, NC, employs over 1500 people in the
areas of community development, home building, apartment development/management, senior living
development/management, country club management and community management.
About the YMCA of Greater Richmond
The YMCA of Greater Richmond, a non-prot charitable organization, operates 17 branches throughout metro
Richmond and Petersburg, serving more than 165,000 people each year. For more information, please visit
www.ymcarichmond.org.
THE NEWS OF HBAR VOLUME 8 NOVEMBER/DECEMBER 2011
YMCA of Greater Richmond
Honors HHHunt Communities with
Corporate Leadership Awards
Contact: Jill Crews, Director of Marketing, HHHunt (804) 762-4800/jcrews@hhhunt.com
Pictured in Photo (left to right):
Daniel T. Schmitt, President,
HHHunt Communities
Reid Ashe, Chairman of the Board of
Directors of the YMCA of Greater
Richmond
THE NEWS OF HBAR VOLUME 10 MARCH/APRIL 2012
HOME BUILDING ASSOCIATION OF RICHMOND PAGE 39
HBAR Member Announcements
Kudos and Congratulations
to our HBAR members and their families!
THE NEWS OF HBAR VOLUME 6 JULY/AUGUST 2011
Do you have news and announcements to share with the HBAR family?
Please email Christy at cmaschal@hbar.org and share the good news!
THE NEWS OF HBAR VOLUME 7 SEPTEMBER/OCTOBER 2011 THE NEWS OF HBAR VOLUME 8 NOVEMBER/DECEMBER 2011
John and Laura Millen of
Pe a k Pe r f o r ma n c e
Group welcomed TWINS!
Ne w d a u g ht e r, Re e s e
Jacquelyn Millen and new
son, Tanner Benson Millen,
were born on February 19th
at 12:12 p.m. and 12:14 p.m.
Reese weighed 3 lbs. 12 oz. and Tanner weighed 3
lbs. 10 oz. They are on cloud 9!
THE NEWS OF HBAR VOLUME 9 JANUARY/FEBRUARY 2012
TWIN BABIES
Reese Jacquelyn Millen & Tanner Benson Millen
THE NEWS OF HBAR VOLUME 10 MARCH/APRIL 2012
FUTURE EVP BABY
William Robert Toalson
Craig and Natalie Toalson of HBAR
wel comed t hei r new son,
William Robert Toalson into
the world on January 24th
at 2:30 p.m. William was
b o r n 2 1 i n c h e s a n d
weighed 7 lbs. 14 oz. Their
oldest son, Preston Lee
Toalson, is a proud 21
month old big brother!
STOCKNER BABY
Grady John Stockner
VALENTINE BABY
Julia Hannah Groome
Gary and Cameron Chewning Stockner of
S t o c k n e r s Nu r s e r y
welcomed a new little boy to
the family, Grady John
Stockner, on February 2nd at
12:57 p.m. He was born 21
inches and weighed 8 lbs. 8 oz.
B r a d a n d B r a n d i
Groome of Bradford
Homes welcomed their
new little girl, Julia Hannah
Groome, on February 14th
for Valentines Day. She
was born 8 lbs. 4 oz.