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Updated almost 8 years ago,
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!