Prospect: "I’m not convinced this is a good investment property."
You: "That’s completely fair, [Prospect’s Name]. When it comes to investment properties, you want to be sure you're getting solid returns, whether through rental income or capital appreciation."
"What’s your main goal with this property? Are you looking for high rental yields, long-term growth, or something else? Once I know what you’re aiming for, I can do an in-depth analysis to show you how this property performs based on those criteria."
"If, after the analysis, it looks like this property doesn’t quite fit, I can also suggest some alternatives that align more closely with your investment strategy."
"Does that sound good? I’d love to help you make the best decision based on your specific investment goals."
Offer to conduct a detailed investment analysis of the property and, if necessary, present alternative options that might better meet their goals. The goal is to set up a follow-up meeting where you can review the data together.
Example:
"Let’s set up a quick meeting where I can show you the investment analysis for this property, looking at both rental yields and potential appreciation. If it doesn’t seem like the right fit, I can also share a few other properties that might work better for your strategy. Would that work for you?"
Tailored Investment Analysis: Offer to perform an in-depth analysis based on their specific goals, such as rental income or long-term appreciation, to help them make an informed decision.
Flexibility with Alternatives: If the property doesn’t meet their investment needs, emphasize that you have other options available that might align better with their goals, showing that you’re focused on their success.
Understanding Their Goals: Ask questions to clarify their investment strategy, whether it’s focused on rental yield, capital growth, or a combination of both, and tailor your recommendations accordingly.
Value of Local Market Data: Reassure the prospect that you’ll back up your analysis with local market trends, rental demand, and property value forecasts, giving them confidence in their decision.