When to ask for EMD

[Mark Weins]

Hi, when is the proper time to ask for the EMD for a wholesale deal? Is it okay if I ask for the EMD right before I disclose the address to my buyer so they can do a walkthrough or should ask for it after I have already disclosed the address to the buyer?

[Branden Jordan]

Quote from @Mark Weins:

Hi, when is the proper time to ask for the EMD for a wholesale deal? Is it okay if I ask for the EMD right before I disclose the address to my buyer so they can do a walkthrough or should ask for it after I have already disclosed the address to the buyer?

I won't walk a property if you ask for EMD up front. That is crazy. If it is sight unseen, you can ask whenever you want. You will lose many buyers if you ask for money before ever even looking at the property.