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  1. N

    .25% lost or refundable?

    I would see it as someone who has put down $1k or so as being less likely to just walk away. Theoretically, if I could get away with such a clause, there would almost be the temptation to put multiple signed offers on multiple contracts and see who bites first... the rescind on the rest and...
  2. N

    .25% lost or refundable?

    Would this actually work though? As a vendor, I wouldn't be willing to accept it. Its pretty much opening the vendor up to get screwed. I would love to insert this clause - have you had any success with this for NSW? Exception to the rule would be where there no one even looking at the property...
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    .25% lost or refundable?

    Tough love. Good thing is that the loss of your 0.25% + harsh words = a lesson you will never forget :)
  4. N

    .25% lost or refundable?

    Other agents say that as a way creating mistrust in other agents - and hoping as a result you would deal with them instead. Sneaky %@!(#ers.
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