I usually provide our budget as well with totals spent. 

Sadly, communication consists of "if you don't like it, hitch your trailer to your truck and get out".  

From day one I treated my involvement in real estate as a real business.This means, I had an advertising budget, a lead generating and follow up process, a back end process and money source and above all an experienced mentor.  

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

This decision increased our budget from $15K to $45K, but it turned out to be a wise investment.

Eliminate debt, establish a budget, and save.

It was honestly luck, I didn't know much about real estate I just knew I needed a house that was unappealing to others to be able to buy it and have it fit in our budget.

They do this by the Scope of Work with Budget being provided to them. 

 Seller isn't budgeting on the 1.25M asking price.

Hi Kana - I think it depends on your budget of course.