It isn’t every day
a funeral director can go beyond the call of duty for a family in need but
in the future The Cemetery Registry, TCR, may just do that for some
funeral homes in the United States.
The Cemetery
Registry, the Internet’s North American multiple listing of cemetery
property available from private owners, is now capable of delivering a
needed grave site, mausoleum crypt or other cemetery property on an at
need basis.
Since most private
owner property carries a substantial savings to what the same type would
cost from the cemetery directly, a funeral director would have more funds
available for the family to use on the actual funeral that normally needs
to be saved for the cemetery expenses.
The Cemetery
Registry’s Registrar Office reports that the number of private owners
now doing the extra homework to insure their property can be used for an
at need situation is growing each day. TCR encourages new registrant
property owners to take this extra step in order to increase the
marketability of their property. Property registrations since January of
2004, when the option was made available, show 60% of owners are doing the
vetting and coming online for sale as “immediate use” availabilities.
“There is a bit of
work for an owner to do before they can carry the immediate need
designation and we have been pleasantly surprised by our clients
willingness to prepare their property for delivery to a funeral director
and a family in need.” Said RW Ward, client relations’ director for
The Final Arrangements Network. The Final Arrangements Network is the
custodian of TCR’s database of private owners.
In order for an owner
to carry the immediate need designation, TCR requires that owner to have
contacted the cemetery where the property rights are and secure the
necessary arrangements to insure the property can be transferred to a new
owner within a 24 to 72 hour window if the need arises. TCR asks a
registering owner to verify that indeed their property can be transferred
this way and only after the owner has in writing stated they can meet the
criteria, does TCR add the designation to the registered listing.
“This at need
service is what will make some of the estimated 1.5 plus million private
owner cemetery properties much more liquid in the marketplace.” Ward
stated. “Private owners can now truly compete with the cemetery for a
sale in way they never could before. With TCR’s always available
Internet presence, finding these valuable and substantial fund saving
offers is actually quicker and easier than going to the cemetery
itself.” Added the director.
A funeral director
can now, quickly check to see if they could save a family funds to use for
the funeral by simply going to TCR, at the FAN website, where it’s
housed. TCR’s search functions allow one to link into the appropriate
state and city were property is needed. TCR’s database was tested for
its search ease and uses a progressive series of expanding information
beginning with a listing of States that leads to an array of Cities and
Cemeteries with property and finally the individual offers with the
contact information, descriptions and pricing.
A
search takes less than a minute and can be done from any computer with
Internet access. Since the properties in TCR carry contact information,
the entire search, negotiations and transfer generally can start and
finish within a few minutes. Any paperwork and property transfer
documents, generally, can be done by fax by the owner with the help of the
cemetery in just a few hours.
A
family may not have to visit the cemetery or even be in the same city or
state where the property is being bought to make the transfer. TCR
registered clients can get help from TCR with the transfer, if they ask
for it. The help of a funeral director usually means as smooth a transfer
as if the property were being bought from cemetery inventory can be
accomplished. The thousands often saved are then available for funeral
service needs. |
“We are expecting
that within the coming months most of the offers in TCR will carry the
immediate need notice. Our problem is having enough offers to cover the
expected need. There will be approximately 1.7 million properties needed
for the 2.4 million deaths in the US in 2004.
Those who must purchase at need will require approximately 680,000
burial or entombment spaces. TCR won’t be able to accommodate but a very
small percentage of those but we know our ability to provide more of this
need in the future will do nothing but grow.” Ward indicated.
The main problem for
TCR is not buyers but rather coaxing valuable cemetery property out of
owners.
“We have a steady
stream of individuals and families wanting to buy cemetery property.
It’s those 1.5 million sellers out there who are reluctant to try again.
They have been burned and burned badly by trying to sell property using
newspapers and even pay as you go Internet listings, but they usually
ended up paying more advertising renewal fees to stay listed than the
property was worth. What TCR has done is change the entire way these
properties are made available and made staying visible affordable for the
seller.” Said Lori Campbell, The Final Arrangements Network's New
Corporate Communications Director.
Campbell pointed out
that TCR not only promotes the immediate need aspect of a seller's offer
but brings the kind of services to buying and selling cemetery property
most people would recognize as the sort of services one expects from a
real estate company representative in buying and selling a home but
without the commissions or fees attached.
“We don’t have
fees for the buyers we do searches for nor do we collect any commissions
or advertising fees from our seller clients for finding them a buyer. The
only charge involved, for anyone, is a registration-processing cost when a
property has been accepted for listing in TCR. It is a one-time charge
that covers the cost to get the appropriate paperwork done and the listing
into TCR’s database. This small charge helps keep the registrations from
being taken over by less than reputable individuals who may try to take
advantage of our buyer clients if there weren’t the charge and
verification requirements we use to make sure the registration is a real
one.” Added Campbell.
“Whether the
immediate need notice The Final Arrangements Network is using for some of
its TCR registrations makes a difference or not, it is the first time that
private owners will be playing on a level field with the commercial
cemeteries that, heretofore, have gotten the vast majority of the at need
business.” Campbell concluded.
Final Arrangements
Network estimates show that a funeral director who used the TCR database
to match a private seller with a client’s cemetery choice would
generally save a client 35% to 45% of that cost. In a medium sized city
this translates into $600 to $1,500 of additional funeral funds.
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