What to do when a real estate agent asks, ‘What’s your budget?’

People are often unsure what to say when a real estate agent asks them ‘what’s your budget?’ 

Domain journalist Jessica Golding tackles this thorny question and how to set a budget for your property purchase with some practical advice for home buyers, sharing insights from industry experts including our Managing Director, David Johnston.  

Highlights include: 

🤔 Why agents ask for your budget 

📈 How to prepare for this question  

💸 Justifying offers below your limit 

🏷️ Why tracking comparable sales is so critical 

📊 How to craft a budget tailored to you 

Check out the article for expert tips that can help you navigate the home-buying process with confidence.

Listen to the Property Trio Podcast

Don’t miss out on the following episodes for key strategies on dealing with real estate agents, determining a budget and strategy for your purchase.

#6 – What Determines Your Property Strategy 

#21 – Why Price Point Should Determine Location and Strategy 

#29 – Congenial Negotiation Tactics and How to Apply Them in the Right Situation 

#73 – Preparing For Auction: Part 1 – Appraising, Budget Setting, Due Diligence, Reserves, Low-ball Offers & Auction Twists 

#77 – Understanding The Real Estate Agent Behaviours That Buyers Don’t Like 

#92 – Property Planning and Your Next Purchase – Critical Considerations and Why Modelling Financial Outcomes Is Vital to Success 

Reach Out to Us for Expert Advice

Book a meeting with us to discuss your mortgage strategy, plan your next purchase, refinance your existing loan, or develop a comprehensive Property Plan tailored to your goals.