What are you all seeing for EMD %'s?

[Christopher Munn]

Just to get a quick pulse of the market. When you all are buying/selling, what are EMD % you are seeing as of late?

Or better said, what percentage of the purchase price are you putting down/asking for, for an earnest money deposit?

Thanks as always

[Jeff Kehl]

@Christopher Munn our market is not so tight as most so I generally aim for about 1%. The property I just closed on though the contract price was $370k and I put down $500 so that one was .13%. But I closed it so the result is the same.