What is the percentage of signing contracts on the first meeting over a follow-up meeting.
And how often do you raise your offer?
What is the percentage of signing contracts on the first meeting over a follow-up meeting.
And how often do you raise your offer?
Michael Quarles, Yellow Letter Mail
E-Mail: michael@YellowLetterMail.com
Telephone: 888-YOUR-MAIL
Website: http://www.YellowLetterMail.com
1-800-Sell4Cash Territories are available for 147.00 per month.
If you did your homework, you should sign a contract with them 90% of the time you meet with them. You know what you will pay before you even head out there. I make my offer before I even met with the seller. Saves time and money. When you have the address you can do comps online and possible drive by the house or send some one else to do the drive by. You know what you will offer them before the meeting.
In principal I agree with @Delondon Dear. I tend not to even go look at a property unless I am pretty sure the seller will go for a price that will work for me. It doesn't always work that way because I don't know the condition of the property until I get there.
If it works out at all, I would guess about 50% of the time I get the deal on the first visit.
I don't know that my experience is at all typical because I tend to do more complex deals. One that settles next week has been in the works 10 months.
It also would depend on your philosophy. I tend not to put something under contract unless I know I can perform. Many people will put anything under contract at any price and hope they can wholesale it. If they can't they use a contingency (weasel clause)to walk on the deal.
Ned Carey