Hello,
I've been reading these forum for a while and finding them very informative.
However, I'm a bit of a newbie at buying/selling RE and can't find anything that quite matches my query and was wondering if anyone could give me some advice.
I'm on a search for my next PPOR, and have rung up a few real estate agents enquiring about property.
However, not quite sure how to respond when asked "what's your budget?" or "how much can you afford?"
The conversation usually goes something like this:
Me: Hi just wondering what price range the owners are expecting for XX property (could be auction or no price listed)
REA: What's your budget?
Me: Uuum, the low 600's.
I feel like I'm giving away some of my negotiating power by telling them what I can afford. But at the same time I don't want to tell them that it's none of their business!
How do you usually respond to a question like that? How do you make sure you keep your cards close to your chest but at the same time keep the REA on side?
Thanks
I've been reading these forum for a while and finding them very informative.
However, I'm a bit of a newbie at buying/selling RE and can't find anything that quite matches my query and was wondering if anyone could give me some advice.
I'm on a search for my next PPOR, and have rung up a few real estate agents enquiring about property.
However, not quite sure how to respond when asked "what's your budget?" or "how much can you afford?"
The conversation usually goes something like this:
Me: Hi just wondering what price range the owners are expecting for XX property (could be auction or no price listed)
REA: What's your budget?
Me: Uuum, the low 600's.
I feel like I'm giving away some of my negotiating power by telling them what I can afford. But at the same time I don't want to tell them that it's none of their business!
How do you usually respond to a question like that? How do you make sure you keep your cards close to your chest but at the same time keep the REA on side?
Thanks