Deposit for interstate purchase

Hi everyone,
Have done a search and can't find anything..

Please can someone tell me whether it is common these days to do direct bank transfer into the REA's trust account for a holding deposit/full deposit on an interstate purchase?

Need to act quickly and no time to do muck around posting cheques off etc.

Thanks a lot.
 
In Qld, Once you have signed the contract, it is possible to transfer the holding deposit specified on the contract directly to the REA trust account.

Not sure about the other states...
 
Hi everyone,
Have done a search and can't find anything..

Please can someone tell me whether it is common these days to do direct bank transfer into the REA's trust account for a holding deposit/full deposit on an interstate purchase?

Need to act quickly and no time to do muck around posting cheques off etc.

Thanks a lot.

yes very common
 
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