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Updated over 8 years ago,
What are your wholesaling ratios?
Every business needs to watch the "Numbers". I'm not talking about the Profit and Loss statement (although very important), I'm talking about your Closing Ratios. Wholesalers, please comment with your ratios for the following areas:
-How many leads will get you one appointment?
-How many appointments will get you one contract signed?
-How many contracts will get you a closed deal (meaning you successfully sold the property)?
As a business person, these ratios help you to:
A) Build a predictable business.
B) Plan your finances.
C) Determine which marketing methods are effective.
D) Determine if what you're saying to the sellers are effective.
Be honest! No "fishing stories" or embellishing. Examples of ratios are; 1 out 5, 20% or 1/5.
Thanks BP!