October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Mobile Home Park Investing
Innovative Strategies
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Private Lending & Conventional Mortgage Advice
Insurance
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Gregory Jerome's profile image
Gregory Jerome's profile image
Gregory Jerome
  • Flipper/Rehabber
  • from Woonsocket, RI
  • Member since Dec 4, 2016

User Stats

28
Posts
8
Votes
Gregory Jerome's profile image
Gregory Jerome's profile image
Gregory Jerome
  • Flipper/Rehabber
  • from Woonsocket, RI
  • Member since Dec 4, 2016
Gregory Jerome
  • Flipper/Rehabber
  • Woonsocket, RI
8
Votes |
28
Posts
Wholesaling

What is the normal going rate of earnest money?

Gregory Jerome
  • Flipper/Rehabber
  • Woonsocket, RI
Posted

Is it ok to offer $100 as earnest money just to lock down a contract or would that be take as disrespect ?

0 Votes
Follow
38 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Raven Henderson's profile image
Raven Henderson's profile image
Raven Henderson
  • Real Estate Agent
  • from Memphis, TN
  • Member since Jul 22, 2019

User Stats

59
Posts
40
Votes
Raven Henderson's profile image
Raven Henderson's profile image
Raven Henderson
  • Real Estate Agent
  • from Memphis, TN
  • Member since Jul 22, 2019
Raven Henderson
  • Real Estate Agent
  • Memphis, TN
40
Votes |
59
Posts
Raven Henderson
  • Real Estate Agent
  • Memphis, TN
Replied

I always include $1,000 earnest money on my contracts.  

4 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...

1 2 →