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Updated over 9 years ago on . Most recent reply
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How many offers do you make per deal?
For those of you getting deals on MLS how many offers do you average per deal you actually get accepted/close on? Trying to reach some goals per @Brandon Turner's podcast and figuring out what level of activity I need to employ. **Obviously this is highly variable just looking for some idea**
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Originally posted by @Steve Vaughan:
I imagine being a licensee in this e-paperwork world it is much easier to submit offers than it used to be. Good luck on your other 4 offers @Ryan Dossey? Say 22-ish% or don't you track maybe? I ask you because I know you buy right. Thanks for any insight!
My success rate is around 95% (nobody is perfect). I don't measure my success by the number of addresses but by the number of $$$$$$$$. I don't collect properties, I collect rent checks.
This is why I don't know, or really care that much, what my % of offers to accepted offers would be, since it is in no way reflective of how successful I am. In fact, if I put out 10 offers that were all countered with new AP's higher than what my max offer was, and I passed on them all, I would consider my success rate to be 100%. Sometimes the best deal you make, is the one (or one's) you don't.