1,555,100
Largest: $625,000-the entire purchase price. ($575,000 asking price).
5 day escrow, last February.
Smallest $5,000.
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Troy Erickson AZ Realt...
Chandler, AZ
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Christine Kankowski No...
Poway, CA
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Debe Maxwell, CRS
Charlotte, NC
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Lyn Sims
Schaumburg, IL
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Nathan Gesner
Cody, WY
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Pete Xavier
Pacific Palisades, CA
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Anna Hatridge
Farmington, MO
5,246,574
Zero dollars! Consideration was the promise to purchase! Deal went smoothly although do not recommend it!
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Fred Griffin Florida R...
Tallahassee, FL
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Debe Maxwell, CRS
Charlotte, NC
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Anna Hatridge
Farmington, MO
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Nina Hollander, Broker
Charlotte, NC
717,185
The smallest was probably $100. The largest was $100,000 non refundable and released to seller for a spec home the buyer wanted to customize during the construction process.
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Fred Griffin Florida R...
Tallahassee, FL
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
2,190,282
Don't think I ever did anything less than $500. Largest was $6,000 I think. The E.M. amount is actually pretty irrelevant because it is easily refunded, depending on how the contract is written.
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Susan Emo
Kingston, ON
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Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
392,768
largest was one dollar under listing price and smallest was zero
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Fred Griffin Florida R...
Tallahassee, FL
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Anna Hatridge
Farmington, MO
3,350,764
100% of the time it has always been no less than 3% of the purchase price.
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Debe Maxwell, CRS
Charlotte, NC
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Anna Hatridge
Farmington, MO
1,057,674
$50k. +
$200. -
We've also had a couple with zero that we should never have allowed. Buyers with no skin in the game have no reason to perform.
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Lyn Sims
Schaumburg, IL
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Pete Xavier
Pacific Palisades, CA
1,728,867
It depends on the price offered, and I can;'t say I can accurately remember either.
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Debe Maxwell, CRS
Charlotte, NC
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Anna Hatridge
Farmington, MO
2,785,606
I have seen good faith in differing amounts
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Fred Griffin Florida R...
Tallahassee, FL
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Anna Hatridge
Farmington, MO
5,063,430
Largest was $75,000. Smallest $500
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Debe Maxwell, CRS
Charlotte, NC
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Anna Hatridge
Farmington, MO
5,117,178
$100 is the smallest, $15,000 was the largest. (We don't typically hold a big amount of earnest money; I'm more interested in the due diligence money. That's putting money where the buyer's mouth is.)
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Anna Hatridge
Farmington, MO
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Nathan Gesner
Cody, WY
2,222,281
3,988,013
A couple of hundred thousand. It was the purchase price.
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Nathan Gesner
Cody, WY
991,952
Largest 25k, smallest 100.00
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Fred Griffin Florida R...
Tallahassee, FL
5,583,328
$1,000 is the smallest.... $80,000 is the largest....
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Fred Griffin Florida R...
Tallahassee, FL
5,258,996
$500 (and the seller accepted!!!) and $100,000 - last August on a luxury sale and we made it non-refundable! They did Close on the property!
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Pete Xavier
Pacific Palisades, CA
1,847,911
$150 down FHA REO special deal. Only $20K for I think around $600K
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Debe Maxwell, CRS
Charlotte, NC
957,202
I definitly heard of buyers putting the whole amount of purchase as EMD a few times in my real estate life.
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Debe Maxwell, CRS
Charlotte, NC
1,027,602
Smallest was $500, and paid in installements. It was new construction in a community with a lot of first responders and teachers (my buyer was a teacher) and they were used to working with a lot of people without ready cash because many of them were going through VHDA (Virginia Housing Development Authority) for their loans, getting grant and builder assistance. So, while I was not used to such small amounts, it all worked out and was apparently not unusual.
Largest? Probably $50,000 in a multi offer scenario.
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Anna Hatridge
Farmington, MO
1,045,440
I have actually used an IOU for earnest money. Recently the smallest I used (On a VA loan) was $1500 on a starter $275k range home.
979,596
Nathan - Not exactly sure the highest, but am pretty sure the lowest was at or around $1,000.
4,968,122
5,879,826
1,507,073
I've SEEN offers where the buyer wanted to put 0 or $1,000 down. That was the first or second thing countered though.
668,039
Nathan - The largest Earnest Money Deposit I have seen is $767,000 for a home priced at $767,000. It got that buyer the property in a situation with 8 offers and 3 of them offering a higher net to the seller. The money was confirmed to be in the settlement companies escrow account the day the offer was made.
1,617,916
3,071,589
1,466,257
Nathan Gesner The largest was $25,000 and an additional $25,000 to extend the offer. The smallest was probably $500.
971,283
Whatever it takes to make the purchase agreement legal; The smallest I believe was $500.
4,800,132
2,074,020
the smallest e.m. deposit was "nada"... there was a promise of a few thousand dollars e.m. in the contract... but by the time we got through all the contingencies, the closing date was upon us, and we didn't have time to collect any e.m.
the largest I was every involved in was @240,000.
2,195,834
4,319,873
Nathan Gesner - the largest was 10% of the offer price - the builder did not want to budge.
The smallest and conventional is $1,000 in our area.
151,633
The smallest was $400 and it was for a buyer getting a USDA loan. The buyer was credited back for the $400 at closing as USDA is a no-downpayment loan.
6,426,255
3,986,308
4,272,984
3,590,666
Largest probably about 75 or 100 K. Smallest - 100.00. I know these folks well and they've boughten and sold many homes from me the last 25 years.
1,242,204
With a mortgage $500 , largest $150,000.00
On cash I have seen $900,000 down(100%) 24 hour COE-rejected too low.
2,684,769
$0.00 for smallest (no money is required in Florida).
$100K for the largest.
4,352,066
We don't collect earnest money here on Long Island, and go straight to Contract!
1,712,876