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Updated over 9 years ago on . Most recent reply

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
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How many offers do you make per deal?

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted

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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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied
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.

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