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What is "Earnest Money" and How Much Do You Need? #shorts

When you make an offer on a home, there’s one piece that tells the seller you’re serious: earnest money deposit. (or EMD). It’s simple, but buyers hear about it so ...late in the process that it feels confusing or intimidating.

Earnest money is simply a good‑faith deposit that shows you’re committed. Plan for 1%–2%, know your market, make sure your contract protects you with the right contingencies, and ultimately stay receptive to your agents’ expert guidance.

Understanding this piece ahead of time makes the offer stage feel a whole lot less stressful — and a whole lot more strategic.

This week, I break it down so you know exactly what it is, how it works, and what to expect.

https://zachburnhamrealtor.com/what-is-earnest-money-and-how-much-do-you-need/

Zach Burnham, GRI, ABR, PSA
#RealValueRealtor
Homeowners Real Estate
C: 410-652-4304
O: 410-967-5995
zach@zachburnhamrealtor.com
https://www.zachburnhamrealtor.com
Socials: @zachburnhamrealtorShow More