Get Creative with Pace Morby The KPIs of Successful Door Knocking
Welcome to a new episode of Get Creative! In this episode, we dive deep into the key performance indicators (KPIs) and metrics that drive success in pre-foreclosure door knocking. Michael Franke, a seasoned real estate investor and YouTuber, shares his insights on the numbers you need to track, the expectations to set, and the strategies to implement for maximum impact.
Highlights:
"100 doors before I can complain that I haven't gotten a deal."
"You have to hit them at different times. So don't expect that you go to a house one time and you're going to contact that person."
"You can go out here and put this strategy into place. Make more than that in a month, your first door knocking deal."
"If you set the stage the right way, develop that relationship, and you know you're that trusted advisor character, they're not canceling on you most of the time."
Timestamps:
0:00 - Michael Franke's Foreclosure Door Knocking Strategy
1:20 - Setting Realistic Expectations for Door Knocking
3:07 - The Importance of Persistence in Door Knocking
4:29 - Converting Door Knocks to Appointments and Deals
7:31 - Following Up and Increasing Deal Volume
8:40 - Average Profit and Escrow Issues
11:42 - Key Performance Indicators (KPIs) for Door Knocking
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