i send 20 to 30 applications a day. i assume only 10% will respond. of which 1/3 i am underqualified, 1/3 i'm qualified but mismatch due to optics (biases) or culture or personality, 1/3 im the perfect fit.
it is all about the frame too, when you're tenured you are the buyer not the seller. you ask them what's their best offer based on your experience and their strict hiring budgets. you decide to say yes or no.