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Updated over 4 years ago on . Most recent reply

Joel Patterson's profile image
Joel Patterson's profile image
Joel Patterson
  • New to Real Estate
  • from San Antonio
  • Member since Aug 30, 2021

User Stats

17
Posts
5
Votes
Joel Patterson's profile image
Joel Patterson's profile image
Joel Patterson
  • New to Real Estate
  • from San Antonio
  • Member since Aug 30, 2021
Joel Patterson
  • New to Real Estate
  • San Antonio
5
Votes |
17
Posts
Buying & Selling Real Estate

Customary Deposit with Offer - RealPro @ 10% seems high

Joel Patterson
  • New to Real Estate
  • San Antonio
Posted

I was intending on making an offer on a 4plex with a sale price of 175,000

The company that is selling the property is RealPro in Fort Lauderdale.

They are asking for a 10% deposit with offer - is that a normal amount? Seems high to me.

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