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Page 1: Color Outside the Line - SD Housing Development Authority Conf - 2013

Color Outside the LinesSouth Dakota Housing Development Authority

November 2013

(C) 2013 Encore Seminars & Services, LLC. All Rights Reserved.

Page 2: Color Outside the Line - SD Housing Development Authority Conf - 2013

Dwayne CarteYour Facilitator

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Course Objectives

• Present a snapshot of the changing face of the real estate industry in South Dakota

• Increase awareness between high context vs. low context consumers

• Review multicultural business norms & etiquette

Page 4: Color Outside the Line - SD Housing Development Authority Conf - 2013

SD

#1 Ethiopia

#2 Bhutan#3 Burma

#4 Nepal#5 Eritrea

Source: Census.gov

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U.S. Projected Population: 2010–2020

Year U.S. White Black Asian Hispanic Other

2010 (actual)

308,745,538 223,553,265 38,929,319 14,674,252 50,477,594 12,481,334

2020 (projected)

335,805,000 260,629,000 45,365,000 17,988,000 59,756,000 11,822,000

% Change 8.90 16.58 16.53 22.58 18.38 -5.28

Source: Census.gov

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0

12.5

25

37.5

50

National White Black American Indian Asian Hispanic

43.142.6

33.430.3

25.426.9

% of Change in Buying Power: 2010-2015

Source: University of Georgia Selig Center

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What’s Your

V ● I ● E ● W

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V ● I ● E ● W

ValuesInfluences

ExperiencesWindow

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What is “culture”?

• Culture is a set of learned behavior, beliefs, attitudes, values and ideals shared by a group of people.

• Culture impacts how someone views the world.

• Culture is formed over a lifetime and is generally difficult to change.

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Categories

• Self-expression

• Outlook on Life

• Racial Attitudes

• Honesty/Reliability

• Character

• Time Orientation

• Social Classes

• Religion

• Orientation to Nature

• Group Objectives

• Work Ethic

• Talents & Skills

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Generalizations =Prevalent or Common

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RelationshipsTime

FormalityCommunication

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High Touch vs. Low Touch

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Relationships

Take Longer

Basis of Doing Business

Independent from Doing Business

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Time

Fluid

Punctuality Not Important

Commodity

PunctualityCritical

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Formality

Personal FormalityImportant

BusinessFormalityImportant

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Communication

Non-verbalImportant

PrecisionImportant

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Where?

AsiaRussia

Middle EastLatin America

Southern Europe

United StatesCanada

Northern Europe

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Non-verbals

• 80–90% of a culture is reflected in non-verbal communication

• Are there any non-verbal messages that can be considered universal?

• Are there any positive non-verbals in your culture that would considered an insult in another?

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Homebuying Attitudes

• Numbers

• Location & Orientation

• Offers & Contracts

• Marketing & Advertising

• Financing

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Top 5 Basics for Multicultural Business Norms & Etiquette

5. Never tell or make jokes.4. Learn at least a Few Phrases in the

Other’s Language3. Show Deference to the Elderly

2. Be Sure to Obtain the Correct Names & Connections

1. Talk Less; Listen More

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Empathy Exercise

Using your non-dominant hand:

1. Write the sentence: The sun is shining on the treetops.

2. Write today’s date.

3. Sign your name.

4. Draw a tree.

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Resources

• Kiss, Bow or Shake Hands, by Terri Morrison

• Kiss, Bow or Shake Hands:Sales & Marketing; by: Terri Morrison

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Dwayne Cartefacebook.com/EncoreSeminars

@MrSeminaryoutube.com/EncoreSeminars

slideshare.net/dcarte

(C) 2013 Encore Seminars & Services, LLC. All Rights Reserved.

Thank You

XieXie

ArigatoMerci

GraciasMahalo

Danke


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