Closing Rate


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Closing Rate

The exchange rate for two currencies at the end of a period of time, such as a trading day or month.
References in periodicals archive ?
If the sales manager will commit to a higher closing rate, test the package; if he or she won't, don't.
Even if closing rates fall to 12 percent, you can still hit target if you can lift response to about 1.
Do you believe that the field sales force can improve closing rates on the "cool" package enough to make up for the loss of response?
The closing rate for purchase loans increased for the fourth month in a row, from 58.
The closing rate is calculated on a 90-day cycle rather than on a monthly basis because most loan applications typically take one and a half to two months from application to closing.
For the 12 months ending third quarter, 2006, The Palisades had one of the best closing rates in the Charlotte market within Quintile V (homes selling for more than $329,000), with 126 homes closed, at an average price of $517,000.
Two other communities in that group had higher closing rates, but at a considerably lower average sales price," said Graham.
By providing the disclosure documents at the point-of-sale, originators can secure a borrower's signature and commitment immediately, increasing closing rates.
Media Tracker, combined with Cobalt's Prospector and Lead Manager, helps dealers enhance their call and lead handling skills, improve phone lead to appointment conversion, and boost sales closing rates.
Our research shows closing rates on Internet generated leads are highly correlated with response times.