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But it's 20 pages of size 6 font... And I have so much other reading to do :) It actually has some pretty interesting stuff in it though - it answers all my other questions about prior possession as well (that came up with Rocko) as well as listing the interest rate applied to delayed...

Well what do you know - so it is :) Maybe I should have read that....

Some interesting posts here, seems like it is a bit of a mixed bag and with different policies across the board. Thanks for the replies :)

But a higher deposit would actually hurt their chances of getting a buyer to put the deposit on sooner (or at all), so that doesn't make sense... And also, isn't the money yours until settlement - so I'm pretty sure the vendor can't use your funds as a deposit until settlement clears (in...

So when you pay a deposit into the REAs trust account for a property, do they earn the interest on it? Is this why some agents push for higher deposits? Similarly, when you transfer funds to conveyancers for settlement, do they keep the interest earned here as well? Can be a reasonable...