# Option money

> In Georgia, a payment to the seller in exchange for your right to walk away for any reason during the due diligence period. The standard contract refers to $10, and a seller can ask for more.

By David Knorr, founder of BuyWise Home. Last reviewed October 28, 2026. Web page: https://www.buywisehome.com/guide/glossary/option-money

## Why it matters to you

Unlike [earnest money](https://www.buywisehome.com/guide/glossary/earnest-money), option money goes to the seller and they keep it if you walk away. If a seller asks for more, it's part of the price of your walk-away right.

## Related

- [Step 5: Make an offer](https://www.buywisehome.com/guide/make-an-offer)
- [Earnest money](https://www.buywisehome.com/guide/glossary/earnest-money): A good-faith deposit held in escrow and credited to you at closing.
- [Due diligence period](https://www.buywisehome.com/guide/glossary/due-diligence-period): The days after signing when, in Georgia, you can walk away for any reason.

_General information based on the standard Georgia REALTORS® purchase contract and public guidance. Your own contract decides: read it, and ask your agent or closing attorney about anything that matters. Not legal or financial advice._