Nathan Gesner, Broker / Property Manager (American West Realty and Management)

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Rainmaker
1,214,634
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Largest: $625,000-the entire purchase price. ($575,000 asking price).

5 day escrow, last February.

 

Smallest $5,000.

 

Apr 09, 2017 07:52 AM
Rainmaker
4,161,791
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Zero dollars! Consideration was the promise to purchase! Deal went smoothly although do not recommend it!

Apr 09, 2017 06:58 AM
Rainmaker
550,691
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

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.

Apr 09, 2017 10:09 AM
Rainmaker
1,715,678
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

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.

Apr 09, 2017 07:21 AM
Rainer
390,419
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

largest was one dollar under listing price and smallest was zero

Apr 09, 2017 08:27 AM
Ambassador
3,037,764
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

100% of the time it has always been no less than 3% of the purchase price. 

Apr 09, 2017 08:19 AM
Rainmaker
888,545
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

$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.

Apr 09, 2017 07:35 AM
Rainmaker
1,635,842
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

It depends on the price offered, and I can;'t say I can accurately remember either.

Apr 09, 2017 07:26 AM
Rainmaker
2,634,637
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I have seen good faith in differing amounts

Apr 09, 2017 07:24 AM
Ambassador
4,558,844
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Largest was $75,000. Smallest $500

Apr 09, 2017 07:13 AM
Rainmaker
4,059,138
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

$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.)

Apr 09, 2017 07:07 AM
Rainmaker
1,873,105
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Smalles $500.00 

Apr 16, 2017 06:26 AM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

A couple of hundred thousand. It was the purchase price.

Apr 09, 2017 04:03 PM
Rainmaker
916,073
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Largest 25k, smallest 100.00

Apr 09, 2017 03:11 PM
Rainmaker
5,571,343
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

$1,000 is the smallest.... $80,000 is the largest....

Apr 09, 2017 12:33 PM
Ambassador
4,203,009
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

$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!

Apr 09, 2017 10:44 AM
Rainmaker
1,716,654
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

$150 down FHA REO special deal. Only $20K for I think around $600K

Apr 09, 2017 10:01 AM
Rainmaker
844,261
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

I definitly heard of buyers putting the whole amount of purchase as EMD a few times in my real estate life.

Apr 09, 2017 09:02 AM
Rainmaker
1,027,385
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

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.

Apr 09, 2017 08:18 AM
Rainmaker
1,044,339
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

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.

Mar 24, 2018 09:25 AM
Rainmaker
878,100
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Nathan - Not exactly sure the highest, but am pretty sure the lowest was at or around $1,000.

Apr 13, 2017 11:19 PM
Rainmaker
3,972,761
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

$500 small, 25,000 largest

Apr 13, 2017 08:14 AM
Rainmaker
4,888,469
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I think it was $500.

Apr 11, 2017 05:22 PM
Rainmaker
1,380,923
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I've SEEN offers where the buyer wanted to put 0 or $1,000 down.  That was the first or second thing countered though.

Apr 10, 2017 02:05 PM
Rainmaker
589,846
AJ Heidmann ~ CRS
McEnearney Associates, Inc. - Alexandria, VA
YOUR Alexandria & Arlington, VA Real Estate Expert

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.

Apr 10, 2017 10:11 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

$10k for me

Apr 10, 2017 09:23 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Largest - $20,000

Smallest - $500

Apr 10, 2017 06:56 AM
Rainmaker
1,457,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Nathan Gesner The largest was $25,000 and an additional $25,000 to extend the offer. The smallest was probably $500.

Apr 10, 2017 06:54 AM
Ambassador
951,367
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Whatever it takes to make the purchase agreement legal; The smallest I believe was $500.

Apr 10, 2017 06:40 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

The largest was $1,000,000.  The smallest was $500.

Apr 10, 2017 06:39 AM
Ambassador
1,814,103
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

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. 

Apr 10, 2017 06:31 AM
Rainmaker
2,020,250
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

A $10 bill attached to the Agreement of Sale

Apr 10, 2017 06:15 AM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

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.

Apr 09, 2017 11:28 PM
Rainmaker
144,616
Julie Larson Realtor® Sarasota FL 941-882-0322
PalmerHouse Properties Florida - 941-882-0322 | Serving Sarasota, Manatee & Charlotte Counties - Sarasota, FL
When you're thinking of moving...ThinkSuncoast.com

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.

Apr 09, 2017 09:16 PM
Ambassador
5,360,784
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have done many of them for a hundred.

 

Apr 09, 2017 08:57 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

$100 and $10,000

Apr 09, 2017 06:43 PM
Ambassador
3,727,461
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

$1 smallest and a 20% of the purchase price as the largest...

Apr 09, 2017 04:46 PM
Ambassador
3,259,516
Anna Banana Kruchten CRS, CRB, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

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.

Apr 09, 2017 04:44 PM
Rainmaker
1,149,309
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

With a mortgage $500 , largest $150,000.00

On cash I have seen $900,000 down(100%) 24 hour COE-rejected too low.

Apr 09, 2017 03:24 PM
Ambassador
2,564,331
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

$0.00 for smallest (no money is required in Florida).

$100K for the largest.

Apr 09, 2017 03:23 PM
Rainmaker
3,685,234
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We don't collect earnest money here on Long Island, and go straight to Contract!

Apr 09, 2017 11:29 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

$1 is the smallest.

Apr 09, 2017 08:39 AM