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Buying & Selling Real Estate

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Bob Romano
  • Investor
  • Warwick, RI
98
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134
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Deposit on a cash offer?

Bob Romano
  • Investor
  • Warwick, RI
Posted Nov 14 2017, 08:05

I am about to make a cash offer for a SFH, my realtor insist that I still have to put at least 10% down ( he wants 20%) I said " why do i have to put anything down when we will be closing in 10 days on an all cash deal of $215k ? He insist you still have to put something down to show Im serious.

Is this normal? 

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