When a prospect calls from your sign, your goal isn’t to sell – it’s to understand. Build rapport, then qualify.
And yes, that means asking the tough questions – the kind most agents are afraid to ask.
But Rockstars aren’t afraid to get real. Why? Because serious tenants love being taken seriously. These questions show you’re a pro. So, before you talk rent, make sure to ask:
How much have you personally invested?
If they’ve got skin in the game, amazing! Celebrate it. But you also need to know…
Do you have funds left for marketing and working capital?
If they’re financing everything with debt, that’s a red flag 🚩.
Do you have a business plan?
If this is their first venture — non-negotiable. You need to see it.
What’s your expected buildout cost?
If they throw out a big number ($300k+), ask to see it on their financials. Don’t guess — verify.
How much TI are you expecting?
Don’t wait for this question — preempt it by asking what they think their buildout will cost.
Rockstar Tip:
The more you know upfront, the less you waste your time (and theirs) later. Asking real questions early saves you weeks of back-and-forth and boosts your income by 30% or more. Ask boldly. Qualify thoroughly. Then – and only then – talk rent.