Maybe the seller is not in a rush to sell OR even no plan to sell. Kind of 'cincai anything' seller, just pass key to agent, if price ngam then sell, price not ngam then just continue put up for viewing since the seller does not need to pay anything until a deal is closed.

Btw, agree with above... should not pay advertised price, at least 1K cheaper also make better sense. If u pay at advertised price, this shows u r more eager to buy and u lost ur bargaining power

TS, u better state ur location, or else will got people shoot y u as buyer need to pay 1% to agent. Coz different state have different 'practice'

Ur agent making stories only la i suppose...

Booking fees (i.e. 3%) to be paid to agent's realty COMPANY bank account, then balance (i.e. 7% when sign SPA) to be paid to ur lawyer, ur lawyer will settle with their lawyer. I suppose its similar no matter in which states' practice...

Like others said, set a deadline for ur agent. Since ur agent stories' is owner agreed to proceed, then ur deadline set it nearer.

Haha, TS really need a lawyer this moment. No one from here can help u ady on ur deposit stuff. Even any advise will not be as practical by having a lawyer to act on behalf of u.

Btw, TS, u confident u can get loan right? If yes, find lawyer
(if not... hints ur lawyer that u might not proceed if loan fails)