Sending a deposit to an estate agent
- Daft.ie Insights
- Oct 27, 2021
- 1 min read
Updated: Nov 19, 2021
After a seller has accepted your offer the estate agent will ask you for the details of your solicitor and they will request a booking deposit. It's normally between two and five per cent of the total asking price and is used to show you're serious about buying the property.
But don't worry, if you change your mind or the surveyors report reveals significant problems you can still get a full refund on your deposit.
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Understanding the importance of a two to five percent deposit to demonstrate seriousness after the seller accepts the offer is top-notch financial knowledge. It helps you maintain precise transaction timing, much like concentrating on pressing the right notes in Friday Night Funkin after a hard day's work to relieve stress.
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