Holding Buyers Accountable

[Drew Sygit]

What do agents think about recommending to sellers that they include a clause in the purchase contract that the buyer's EMD is no longer refundable, and immediately disbursed to the seller, upon satisfactory inspection, appraisal and title?

Once those 3 items are accepted by the buyer, the only reason the closing won't happen is due to the buyer's fault - including NOT getting approved for their financing.