Texas Builder Magazine November/December
2004
Heritage Homes
Dedicated employees buy
company, continue committment to affordable
housing in Lubbock
by Shellie Faught
With
the stroke of a pen on an August afternoon in 2003,
Don Lynn, Tom Moreland and George Winton instantly
went from being builders of zero houses to becoming
builders of 100 houses in one of the hottest markets
in Texas.
As the new owners of Lubbock's Heritage
Homes, they have marked their first year in business
with record-breaking sales and closings, relying
on experience, talents and the integrity instilled
in them from the company's previous owner.
Joe Stettheimer established Heritage
Homes in 1993. Stettheimer, once a senior pastor
and business owner of an energy savings consultation
firm, saw that Lubbock was in need of affordable
quality housing.
There was a void in the housing market
between low-quality and expensive custom homes, and
those who would own homes that fell in to that void
were the biggest contributors to the community. Families
of teachers, nurses, firefighters, police officers
and other public service officials wanted more from
the Lubbock housing market than what was available.
That first year, Stettheimer build
one home. But in just six years, with the help of
salesperson Don Lynn, the company grew to complete
more than 100 homes annually.
In September 1999, Heritage Homes was
recognized by Builder magazine as one of the fastest
growing home building companies in America, ranked
57th among 1,000 builders in the United States. In
the same year, Heritage Homes closed the second largest
number of homes in Lubbock County and has maintained
that position every since, closing an average of
between 100 and 120 homes each year.
Founder Hands off Company to
Trusted Employees
In 2003, Stettheimer decided to sell
his home building company and pursue land development,
but he wanted Heritage Homes to continue its growth.
After entertaining offers from bigger home building
companies, Stettheimer ultimately decided to leave
the business in the hands of the people whom had
contributed to its growth-- his employees Don Lynn,
Tom Moreland and George
Winton.
"I wanted the people who helped
me to be successful to own the business," Stettheimer
said.
Despite his departure, Stettheimer
remains actively involved in with Heritage Homes.
He is now the owner of Joe Stettheimer Development,
L.L.P. which sells 75 percent of its lost to Heritage
Homes.
Although Stettheimer is no longer the
company's owner, "he's a vital part of our company,"
said Don Lynn, vice president of sales. "He's
our mentor."
"Because the partners who now
own Heritage Homes are the same people who ran the
company before it was purchased, the transition of
the company was seamless and without disruption," said
George Winton, vice president of construction.
Lynn added, "All three of the
partners bring different but equal abilities and
attributes to the table, which makes our company
unique."
Owners Change, But Not Customer
Commitment
While
the faces running the company may have changes, Stettheimer's
vision of building quality, affordable housing remains
as strong as when the company began.
Today Heritage Homes specializes in
affordable homes for everyone from first-time home
buyers to experienced buyers. With the rising cost
of material and new regulations, it is often difficult
for families to purchase a home on a limited income.
But Heritage Homes is committed to making the dream
come true for Lubbock families.
"We have kept our focus on building
affordable housing built the way homes 'used to be
built'--solid, traditional construction with a variety
of plans to fit our customers needs," said Tom
Moreland, vice president of administration.
"Heritage Homes also knows that
providing choices to its customers is essential to
the company's success," Lynn said. "Heritage
Homes allows its customers to modify floor plans
and select from more than 1,000 decorating choices."
Office manager Peggy McCarty said, "Even
though we don't build 'custom homes' we do build
'personalized homes' in that we allow modifications
to our house plans to accommodate the specific needs
of our home buyer."
Also in line with the focus of its
founder, the company continues to offer special programs
to public servants, education professionals, firemen,
police, physicians, nurses and students.
"We search for ways to make it
affordable for our customers to gain the pride of
the personal home ownership," Winton said.
Company Stays in Contact After
Closing
Heritage Homes prides itself on its
commitment to customer service. The company has a
designated staff person dedicated to contacting customers
every month for the first year after closing, a practice
that has been in place since the company began.
According to McCarty, the company has
a team that performs specific checks each month for
the new homeowner. It addresses small problems as
well as big matters, and does so in a timely manner.
"To make sure the homeowner gets
into new positive habits and to make sure our warranty
is properly cared for, we spend more 'after closing
time' taking care of our customers," Winton
said.
"That way, we end up with many customers returning
to us to build their second and third homes."
"And the company has built many
second and third homes for its customers," said
Stettheimer. According to Stettheimer, Heritage Homes
is one of Lubbock's chief builders of second and
third homes.
Moreland said, "When customers
ask you to build them their second home, that is
truly a great compliment to your company. However,
when customers ask you to build them their third
home, that is an accomplishment to be proud of."
Integrity, Trust -- Keys to
Company Growth
It is this focus on integrity that
has kept Heritage Homes growing. Integrity, according
to Stettheimer, is the most important quality a home
building company can cultivate, a fact that he instilled
in his staff and the company's current owners.
"Sound building principals and
practices, integrity, trust and respect in dealing
with our customers, subcontractors, suppliers, banks
and other businesses is an everyday practice at Heritage
Homes," Moreland said.
Owners believe it has been the emphasis
on integrity and trust that has added to the successful
growth of Heritage Homes over the years.
"Everyone who works with us knows
that our customers have the right to choose their
builder, and if we do not do our job right, that
customer will find a builder they like better," Winton
said.
With these practices and focus on
integrity and trust, Heritage Homes has been making
homeowners' dreams come true for more than a decade.
According to Moreland, this is the most rewarding
aspect of being a home builder.
"To me, it's the best and most
natural thing in the world to take a bare piece of
the earth and turn it into a customer's personal
dream come true," Winton said.
Heritage
Involved in Community, Industry
With Heritage Home's focus on bettering
its community, it's not surprising to know that,
according to Stettheimer, the company has given more
than $100,000 a year in charitable contributions
over the last five years. The company is a major
supporter of the Lubbock Children's Home and has
built and donated structures for Lubbock's' annual
SantaLand Christmastime amusement park.
In addition, Heritage Homes has been
involved with the West Texas Home Builders Association
and the Texas Builders Association for more than
10 years. According to Moreland, membership in these
organizations benefits builders by providing education
and guidance on important issues.
"Builders and remodelers need
a resource of peers and local industry guidance that
will broaden their knowledge and understanding about
this great business we are in," Moreland said.
Belonging to the local association,
Stettheimer said, helps Heritage Homes share its
vision, purpose and goals for the community.
Their founder's vision of community
and the company's focus on integrity has made Heritage
Homes one of Lubbock's largest and most successful
homebuilding companies.
"Our success comes from years
of experience, commitment to the industry and focus,"
Lynn said. "God has blessed each of us with unique
gifts and the ability to embrace them and use them
in our day-to-day activities."
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