🔏💰$27,940 from proper Lead Management & Sales Execution
In August we finished with 3 deals closed for a total of $32,284.01 in revenue...with $27,940 of that closing on the 30th! Here are some quick takeaways from the 2 deals we closed on the 30th: Deal # 1: Duplex in Agawam, MA - Assignment Fee: $15,855 - The total sales cycle for this lead was 421 Days... - The total assignment for this deal was $40,000 however we joint ventured this with another group where we had to split the assignment 3 days - This was a probate lead that we had nurtured for over a year, battled with multiple transaction coordination nightmares, and had to change the end buyer in the middle of the transaction because of how long the deal took to close Deal #2: Single Family in Michigan City, IN - Novation Fee: - The total sales cycle for this lead was 373 Days... - This was a stubborn seller who would not budge on a wholesale price, however once we were able to pitch the novation route, the seller was on board. - This is another prime example of a seller lead that was not going anywhere, but converted to revenue through pitching and executing on a novation agreement Check out some prime examples of how our Lead Managers are keeping lead engagements active, bubbling up the leads that are warmest, and providing detailed notes so our Acquisitions Managers and get more contracts out to our engaged sellers. Never give up a motivated seller lead, make sure you have a process for lead management, and keeping consistent engagement with your seller lead pipeline and you will avoid up and down months in your business!