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Updated almost 8 years ago on . Most recent reply
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Mail To call Ratio, and Call to Deal ratio?
Hello Friends!
My name is Blake, I'm 20, I'm in the Seattle area and I'm very serious about starting wholesaling. I purchased a small list, and sent out my first mailer 2 weeks ago. Now when I say small I mean small, 70 names from usleadlist, as the good counties in my state were sold out. I decided to purchase anyway to force myself to get started.
Anyways, from my first handwritten mailer (I handwrote all of them) I got 6 calls, which seems like a good amount of response for the first mailer, but none of these calls were of any use. I came away from my first week returning calls extremely defeated. I felt like I was bothering people, never going to find a deal, and that I was being "scummy" calling people who had inherited their house from a death, and I felt terrible.
I know wholesaling is a numbers game, and sellers really have to be motivated. Do any of you guys have any statistics for your own businesses you could share with me? I think what I am looking for is just some reassurance and hearing some of your guys' numbers. For example 1000 pieces of mail, 100 calls, 10 leads, only 1 deal.
I hope this isn't too confusing of a question! Hard to explain :)
Thanks everyone!