How much earnest money did Mary place with the broker?

The correct answer indicates that Mary placed $2,500 in earnest money with the broker. Earnest money is a deposit made to demonstrate a buyer's serious intent to purchase a property. This deposit is usually held in escrow and is credited towards the down payment or closing costs at the final transaction. In this scenario, the amount of $2,500 reflects a reasonable and specific sum that Mary chose to secure her offer on the property, showing significant commitment without being excessive.

While other amounts listed could potentially represent earnest money deposits, the selection of $2,500 often aligns with common practices in real estate transactions, as it is a figure that signifies both interest and leverage in negotiations without dissuading the seller. Understanding the common ranges for earnest money can help buyers make informed decisions when entering into contracts.