Housing Wire

SEPTEMBER 9, 2024

Like with the amount of earnest money deposit or including an inspection contingency, the amount the buyer is asking the seller to pay her agent is a term that impacts the strength of the offer,” Redfin chief economist Daryl Fairweather said in a statement. 17, is down only slightly from 2.62% in January.

Earnest money deposit 482

Earnest money deposit Inspection contingency Agents Marketing 482

Redfin

MARCH 18, 2025

This deposit is usually between 1% and 3% of the homes purchase price, but the amount can vary based on the local market and the agreement between you and the seller. This ensures that neither the buyer nor the seller can access the money prematurely, protecting both parties during the transaction. Youre using a no-down-payment loan.

Closing 43

Closing Purchase and sale agreement Earnest money deposit Seller concession 43

HomeLight

OCTOBER 30, 2020

I’ve had clients wire money from China, and then be surprised that it takes 7 days to get here. Or, even from a brokerage trading house, that it takes 10 or 14 days once the wire’s initiated for the money to get to the escrow company.”

Closing 116

Closing Inspection contingency Title search Purchase and sale agreement 116