I am selling a house in SA and someone has made me an offer, i told the realestate agent sweet, and let me know when he pays the 10% deposit, blah blah blah.
anyway the realestate agen said they do not have to pay 10% deposit in SA. does anyone know if this is correct, or is this guy just taking the piss
I bought an IP in Adelaide 2 months ago. I put down a deposit of $5000. The place cost me $215000. You can put down whatever you like as a deposit.
This should be a smart sounding comment but it isn’t!
My deposits are now only $100 and agent does not blink an eye, probably could offer $50. I started out with 10% deposits because I thought you had to do that but why tie up your money if you do not have to. I suppose you have to be genuine and not muck agents/vendors around by pulling out all the time.
Cheers
I am in the process of buying a couple of houses in SA. I don’t any deposit at all. I do this by negotiate with the agent to ask the vendor whether it is ok.
So it is base on negotiation up front.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]
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