Wiring money to Compass (realtor/broker) prior to receiving lease - is this normal? I’m in the middle of the condo board application for a rental unit however, the landlords realtor is asking me to wire the money to the Compass account before I get the executed lease.

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Yea it’s normal. I’ve done it for walk ups


Thanks all!


No...maybe if it’s a good faith deposit but otherwise no.

I’m being asking to wire first months rent and security deposit.

Yes, just did this for Compass a couple of months ago instead of getting a cashiers check from the bank. It went to security deposit after our application was approved.

Yep. Had to do the same thing recently

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