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Updated over 7 years ago,
How important is EMD on first offer of MLS listing on rehab home?
Ive been debating with one real estate agent that I work with. I'm new to real estate investing and he just got his license.
He's been adamant about having a copy of EMD check sent with each offer.
I'm on the other side of it where I don't think it's as important with an initial offer on a fix and flip home.
What are your thoughts on this?
Should we be sending a EMD with every single offer?
FYI he isn't saying we need to write a different check and make a copy. Just one copy of a 500-1000 check for EMD to send with a offer.