OfflineDo any of you require a non-refundable deposit from the buyer when assigning a contract? Is this standard? Is this paid to you or does it go into escrow?
I was reading something from a "guru" and he stated that his contracts are all done at "net" and that he get's a non-refundable deposit from buyers.
Any comments?
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Yes this is standard and it's paid to you. Just make sure you have it worded inyour agreement.