If clients ask to submit the offer, but to hold the check because it won't clear? Many realtors have been disciplined because of this. Or, what happens if the EMD check is deposited in a timely manner and it comes back NSF? The selling agent will disclose the information to the listing agent, then contact the broker and the client to see how the client can correct the problem.
The contract you sign when you make an offer should include who is holding your Earnest Money Deposit. In some instances, the funds are being held by a title company instead of the broker. Why would it matter if a broker vs a title company holds it?
And you just thought you were writing a check, didn't you? Even though it seems complex, if you have a knowledgeable realtor who knows all these nuances, you shouldn't have a problem! If you ever have any questions about any parts of the transaction, please give me a call or send me an email. I'll be glad to help!