Skip to main content

Unlimited Data Can Be Confusing (Posted January 2, 2017)

If I were to walk up to you and ask you to explain your cell phone plan to me, that would be relatively easy, right?  You have three phones, two of which are smart phones so you pay an upcharge of $XX, and you get 4GB of data each month (you usually use just over 2 GB except for those months when you have to take your car into the shop, and they don’t have free WiFi so you end up using a boatload of data playing Candy Crush and watching videos on YouTube): all of this costs you $XXX/month.  Easy enough. 

However, if I asked you to explain how you arrived at that particular plan, there’s a 95% chance you’ll just shrug your shoulders and say, “I honestly can’t remember.  It’s all a blur now.”  Why is that?  There are two parts to that answer.

The first part is relatively simple to explain: it’s something you see every month and doesn’t change you’ve become used to seeing it arrive in your mailbox or inbox, and unless there’s a drastic change in the monthly price you’re accustomed to paying, you don’t give it another look.  Am I right?  Now for the second part of the reason.

When you originally walked into the store (Verizon, AT&T, Sprint, T-Mobile, etc.) to get your phones and their accompanying plan, you’re immediately “greeted” by a plethora of shiny gadgets (phones that can slice, dice, julienne, AND solve quadratic equations) and a man or woman wearing an ill-fitting polo shirt who stares directly into your eyes so intently you’d swear they can see your soul, and they won’t look away.  You’re on sensory overload, and you’re not sure where to look: all this beautiful technology all around you but this sales person with the tractor-beam eyes.  Help!  While you start salivating over a particular phone (which Mr./Ms. Bad Polo IMMEDIATELY picks up on like a shark sensing blood in the water), the sales person is showing you algorithms and flow charts that only rocket scientists at JPL could have produced to demonstrate each monthly phone plan.  Before your head explodes, you ask, “Just tell me: how much?”, and Polo has you!  Like a WWII fighter pilot who paints a small version of the enemy’s flag on the fuselage of his plane for each “kill”, these sales people, while they’re retrieving your phones from the back, lift up their shirts and tattoo another stick figure on their backs to represent another “sucker sold”.  I wouldn’t be surprised if they used their own blood as the ink for the tattoo these folks are ruthless!

With that said, though, if you’ve ever had a real estate/mortgage experience similar to the cell phone plan experience, I apologize on behalf of all the good people in the industry.  Yes, we’re in this to make money and feed our families, without a doubt.  However, our job, first and foremost, is to educate and explain (without using complicated algorithms and flow charts) so the client can make an informed decision the client should never feel pressured into a transaction, no matter how much they want that shiny house.  If we’ve done our job correctly, the client can easily explain the reason they chose our plan over someone else’s and it’s an added bonus if they can remember whether the shirt we were wearing fit properly. 

Comments

Popular posts from this blog

The Naked Truth About Home Buying

It’s highly likely I’ve already written about this, but I’ll try to make it entertaining at least.   There’s a guy who works in ou r office who suffers from kidney stones – and from what he’s described, “suffers” might even be a little too tame a word for it.   As an aside, though, when you ask him how painful the experience is, he gets an odd smile and says, “It’s the most intense pain I’ve ever experienced, but it’s hard to describe.   I’ve heard a lot of people compare it to the pain a woman experiences while giving birth.   To that, I must say, those people are big, fat liars!   I’ve been in the presence of a woman giving birth, twice, and her pain has to be 100 times worse.   They’re passing the equivalent of a Buick.   I’m passing a pumpkin seed.”   He’s always been a colorful fellow. He’s had this wonderful condition for over a decade now, and the stones make their appearance about every 18 months or so.   Up until recently, ...

Saving Money is Music to Your Ears (Posted January 9, 2017)

For all the “old” people out there, you’ll instantly know the name Daryl Hall.   For those of you who are still on your original set of adult teeth (perhaps because you got your braces off fairly recently), Daryl Hall is a musician (the blonde half of the duo Hall & Oates – the one who DIDN’T have a mustache that looked like it was straight out of an ’ 80s adult film) with a number of albums (albums a re these big, black 12-inch vinyl “platters” that look like a pregnant CD) that have been certified as gold/platinum and hit songs to his credit, some of which he recorded himself and some he wrote for others.   Going back to 2007, he started a show on the internet called Live from Daryl’s House ; in 2011, he took it to cable where it currently airs.   The concept is relatively simple: he has musicians from all genres and eras come to his house to jam with him and his band.   In between songs, they talk about music and memories, and they usually end up eatin...

Showcase Showdown (Posted October 17, 2016)

The game show “The Price is Right” – the show where 95% of what they give away is total garbage (fireproof bathmats in the shape of Ecuador, really?) – is probably each child’s first exercise in trying to guess how much something costs.   Admit it, you sat glued to the TV set either screaming at the screen so the contestant could hear you or you were sending out vibes telepathically – either way, you KNEW you were the BEST price guesser in the world . . .   until the very moment the model would reveal the real price of $732 for a set of salad tongs made of Lucite and cubic zirconia (your bid was $17, and you thought THAT was probably a little high).   But that didn’t stop you because here comes that toaster oven that doubles as a brief case – how could anyone put a price on THAT? A recent study published in the Journal of Housing Research (just let the sheer coolness of that name wash over you for a few moments) concerning pricing was interesting.   The r...