How much is 10% earnest money on a Ravenel home?

Earnest money on a Ravenel home is a negotiated share of the purchase price rather than a fixed percentage required by law, so the exact figure depends entirely on the price agreed to and what the seller wants to see. A larger deposit like the one mentioned can strengthen an offer in a competitive situation by signaling you're serious about closing. Brian Beatty can calculate the exact deposit for a specific Ravenel offer once you and the seller settle on a price.