In an “as-is” offer, the deposit typically ranges from 1% to 2% of the purchase price, depending on the size of the deal and the specifics of the market. However, this can vary based on market conditions:

• In a Seller’s Market: When demand is high, and inventory is low, you may need to offer a higher deposit (closer to 2%) to make your offer more competitive and attractive to the seller. This shows the seller you’re serious and financially capable of following through on the purchase.
• In a Buyer’s Market: If the market is slower or there’s less competition, the deposit might be closer to 1% or potentially lower.

Additionally, in a tight market, it’s important to include favorable terms for the seller, such as a shorter due diligence period or higher earnest money to strengthen the offer and demonstrate your commitment. The size of the deposit can also be a negotiating point, depending on how much the buyer wants to stand out from other potential offers.