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Triedntrue
Flash in the pan


Joined: 25 Jan 2009
Posts: 79

Megatel Homes
PostPosted: Sun Oct 30, 2011 8:33 pm Reply with quoteBack to top

What's the story?
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Big Tex 76
Dud?


Joined: 14 Jun 2011
Posts: 5

Re: Megatel Homes
PostPosted: Wed Nov 23, 2011 2:54 pm Reply with quoteBack to top

I have thought about approaching them for work. Do they pay their bills on time?
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Floorpop
Dud?


Joined: 26 Nov 2011
Posts: 12
Location: DFW, Texas

Re: Megatel Homes
PostPosted: Sat Nov 26, 2011 5:31 pm Reply with quoteBack to top

Word on the street is that the owner moved to DFW from CA because he has a relationship with a local developer who is selling Megatel the majority of their home sites. A high feature level is included standard and the sales team escalates all negotiations to the Owner for a face to face meeting with interested prospects...
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NewHomeDallas
Dyn-o-mite!


Joined: 05 Jan 2009
Posts: 404

Re: Megatel Homes
PostPosted: Sat Nov 26, 2011 10:36 pm Reply with quoteBack to top

I would think they have a tough road ahead. DFW is a difficult market and we are still down 70% from our peak.

I would would also think that the president isn't as good as his sales people in negotiating and should have better things to do. If he doesn't trust his sales people, a disease held by all too many home building managers and owners, he should be in another business. I find it is a result of an inferiority complex. And, as I count, they have 17 locations in the DFW area. What happens if every sales person has a hot lead? Do they have to wait for the president, or can they close the deal?

By the way; with the interesting name of Floorpop; does that mean that 75% of your deals bust out?
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Floorpop
Dud?


Joined: 26 Nov 2011
Posts: 12
Location: DFW, Texas

Re: Megatel Homes
PostPosted: Sun Nov 27, 2011 9:56 pm Reply with quoteBack to top

I couldn't have said it better myself.

In regards to the name, it was the first thing that came to mind. Call it cute or egotistical...but you can't deny that a floor pop can be a great thing! I've never had a cancellation rate anywhere close to that high and I'm hoping my sales presentation has something to do with that. Cheers!
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