231,224
i dont have good examples like that, i have seen another property put up. but that doesnt beat the cow story
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Vera Gonzalez
Sterling Heights, MI
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Amanda at VA HLC & Fed...
San Diego, CA
-
Nina Hollander, Broker
Charlotte, NC
1,664,836
I had to laugh at your cow and car story. All I've ever received is a check.
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John McCormack, CRS
Albuquerque, NM
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Amanda at VA HLC & Fed...
San Diego, CA
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Nina Hollander, Broker
Charlotte, NC
5,116,928
We don't have that option in our contracts--it's cash, personal check, certified check or bank wire. Kind of hard to wire those cows!
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John McCormack, CRS
Albuquerque, NM
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Amanda at VA HLC & Fed...
San Diego, CA
4,319,873
William Feela now cow and car are definitely unique.
I am yet to come across such things....
The closest was, collateral of a business for one of my buyers - which I think is not 'strange'.
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Amanda at VA HLC & Fed...
San Diego, CA
212,755
3,986,308
The cow the seller kept...He was moving to a small farm.
The car was replaced with cash about 10 days later. Buyer had to have some funds released that took a few days.
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Nina Hollander, Broker
Charlotte, NC
28,413
Well that cow situation is something you'll never forget. I've only taken checks so far.
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Amanda at VA HLC & Fed...
San Diego, CA
6,425,063
3,988,013
I haven't taken anything other than a check, cash or promissory note. It is really common in my area to not offer any.
631,962
Living in my rural area you may think I would but I have had horses and cows as part of th e Purchase Agreement
2,707,721
You've got me beat William Feela as I have only had "good funds" accepted by the Title company for Earnest money...cash, nothing but!
2,487,272
I once took a Black Angus calf from a guy as payment for a pre sales class.
5,245,837
Had a cash deal one time with two negotiating fools. Turned out the earnest money was a Corvette. The buyer drove to the property in it and I drove him home! The seller was on cloud nine!
4,800,132
It wasn't my transaction, but one of my fellow Realtors did set up a deal taking a Rolex as the escrow. (Later replaced with cash.)
766,939
William, this is very interesting. I thought it was a joke and I was going to respond in kind. You can really take something other than cash?
530,966
No great examples for me but I know an agent who took a goat for earnest money.
175,614
I do not ever "take" earnest money, rather I have the buyers open and deposit with the title/escrow company. The lowest amount ever was $50.
112,947
921,504
Real estate agents do not have the latitude to accept anything other than the coin of the realm.
IN my broker years, lots of personal property such as middle east carpets, art work, house full of designer furniture, not just as earnest money but as full compensation.
Been offered the 'bad child' but never live stock.