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Buying & Selling Real Estate

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Jill Williams
  • Altadena, CA
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8
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Still Learning!!!!

Jill Williams
  • Altadena, CA
Posted Feb 9 2016, 22:01

Hello,

I want to know what is the truth on "Earnest Money".

I've heard some investors say that didn't have to pay.

Others said, they only paid $ 10.

One investor paid $1000.

So I guess my question is, who makes the determination of said amount.

Is it the sellers call, or the recommendation of the realtor?

Thanks so much!

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