Is my no contact rate is too high for cold calls??

[Derrick Gordon]

These numbers make me cringe. I just ran my 60 day call log report and this is what I have:

In the last 60 days I have:

5129 - Skip Traced Addresses

11,245 - Numbers received

out of those 11, 245 numbers: .82% (92 numbers) came in as "leads" maybe 5-9 actually wanted to sell.

91.08% of the 11,245 numbers I called, I never spoke to a live person.

I am not a veteran at any of this, but I think there must be a breakdown somewhere. If not, I need a new marketing strategy or new market, because these numbers make absolutely NO SENSE!!! If I am wrong, and these numbers are accurate please let me know.

I am serious about success, but what I seem to be doing is wasting serious money at the moment. Please give any advise you have. 

All of my investors making cold calls, which system are you using for skip tracing, what system are you using to make calls, how many numbers do you usually get back and what is your contact rate, and your motivated seller rate? If my rate is accurate I will continue, but what are you contact rates for cold calls?