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Buyer's Counter Offer

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BUYER'S COUNTER OFFER

Property Identification

Parties

Original Offer Reference

This Buyer's Counter Offer amends the original offer dated . All terms of that original offer remain in force except as expressly modified below.

Counter Offer Terms

Purchase Price (offer to Seller): $.

Deposit to be delivered to escrow on or before and held in accordance with escrow instructions.

This offer is conditioned upon Buyer obtaining loan approval as follows: Loan Type with financing contingency to be removed by .

Buyer shall have days from acceptance to complete inspections and deliver written notice of defects. Inspection contingency to be removed by .

Proposed Closing Date: . Possession to Buyer on , subject to escrow instructions and prorations.

Items Included / Excluded

Contingencies & Disclosures

Seller to deliver any required property disclosure statements within days of acceptance. Buyer reserves the right to terminate if disclosures reveal material defects.

Lead-Based Paint Disclosure Applicable: Yes No

Known Mold or Water Intrusion: Yes No

Prior Structural Damage or Repairs: Yes No

Default, Remedies and Risk Allocation

If Buyer or Seller fails to perform any material obligation under this Counter Offer and such failure continues beyond any applicable cure period, the non‑defaulting party may pursue all remedies available at law or in equity, including specific performance, damages, and retention or forfeiture of earnest money as provided in escrow instructions. Parties acknowledge that monetary damages may be inadequate where real property is unique.

Miscellaneous

Governing Law: This Counter Offer shall be governed by the laws of the state where the Property is located. Venue for any action arising under this Counter Offer shall be in an appropriate state or federal court located in that state.

Entire Agreement: This Counter Offer, together with the original offer and any written addenda expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior negotiations and agreements, whether written or oral, except as expressly preserved.

Non-Waiver: Failure of a party to insist upon strict performance of any provision shall not be deemed a waiver of any right or remedy.

Acceptance

This Counter Offer must be accepted by the Seller by signing below and returning a fully executed copy to Buyer on or before at local time. If not so accepted, this Counter Offer will be void and of no effect.

Additional Terms or Conditions:

Buyer Printed Name:

By:

Date:

Seller Printed Name:

By:

Date:

Enter text✕

What a Buyer's Counter Offer Is and When it Applies

A Buyer's Counter Offer is a written response proposing revised terms to an existing purchase offer for residential or commercial property. It modifies one or more material terms — such as price, closing date, contingencies, or earnest money — and returns those terms to the other party for acceptance, rejection, or further negotiation. A counter offer creates a new offer that must be accepted by signature or equivalent assent; until accepted, the previous offer is typically void. Use clear dates, monetary amounts, and explicit acceptance deadlines to avoid ambiguity.

Why Use a Buyer's Counter Offer

A counter offer protects the buyer by documenting desired concessions and timelines while preserving negotiating leverage. It clarifies obligations and creates a clear record for escrow and lender review.

Why Use a Buyer's Counter Offer

Who Prepares and Signs a Buyer's Counter Offer

Typical participants include the buyer, the buyer's agent, and sometimes a buyer's attorney or lender representative during negotiation.

  • Buyer or buyer's agent: Drafts the counter, specifies terms, and forwards to the seller or seller's agent for response.
  • Listing agent / seller: Reviews counteroffer, negotiates changes, and returns acceptance or further counterterms.
  • Real estate attorney: Reviews complex terms, contingency language, and closing conditions before signature.

Final signatures must reflect authorized parties; agents usually present the counter but the buyer's signature or e-signature is required to bind the buyer.

Essential Elements to Include in a Professional Counter Offer

A clear, complete counter includes monetary and timing terms, contingencies, and an explicit expiration. Use plain language and numeric values to avoid disputes.

Offer Price

State the exact purchase price numerically and in words. Include currency and clarify whether amounts are firm or subject to adjustment.

Earnest Money

Specify deposit amount, recipient (escrow holder), and deadline for delivery, plus conditions for forfeiture or return.

Contingencies

List inspection, appraisal, financing, and title contingencies with precise cure or removal deadlines and required documentation.

Closing Date

Give a target closing date and any tenant possession or occupancy provisions tied to keys or funding.

Expiration

Set a specific date and time when the counter expires if not accepted, using local time zone (MM/DD/YYYY HH:MM).

Additional Terms

Include prorations, fixtures included/excluded, seller concessions, or specific repair obligations as separate numbered clauses.

How to Complete a Buyer's Counter Offer — Step by Step

Follow a predictable sequence to prepare a legally clear and enforceable counter offer.

  • 01
    Review Original Offer: Confirm all terms you intend to change or keep.
  • 02
    Draft Revised Terms: State changes clearly and number modified clauses.
  • 03
    Deliver to Seller: Send via the listing agent or agreed delivery method promptly.
  • 04
    Track Response: Monitor acceptance, rejection, or further counteroffers until final agreement.

Configuring an Online Counter Offer Workflow

Set up fields, signer order, and authentication before sending an e-signed counter offer to ensure a smooth process.

Field Configuration
Signature Order Buyer signs first, then seller or seller's agent.
Authentication Method Use email link or SMS code for signer verification.
Expiration Setting Apply the contract's stated expiration timestamp to the signing link.
Document Format Upload as PDF to preserve layout and numeric formats.

Where to Send and How the Counter Offer Circulates

A clear routing plan reduces delay and preserves negotiation timelines during exchange between buyer, seller, and third parties.

  • Listing Agent: Primary recipient for seller review and response.
  • Seller: Directly signs to accept or returns further counterterms.
  • Escrow / Title: Receives final agreed contract for opening escrow file.
  • Lender: Receives executed contract for loan processing and conditions.

Digital Signing and Delivery Considerations

Confirm platform capabilities, acceptable file formats, and authentication strength before sending an e-signed counter offer.

  • File Formats: PDF, DOCX supported
  • Integrations: Connects to MLS, title, and escrow platforms
  • Signer Authentication: Email, SMS, KBA options

Use an eSignature provider that produces an audit trail (timestamps, IP, actions) and stores a tamper-evident signed PDF for lender and title review.

Common Deadlines and Timeframes to Specify

Include specific, enforceable deadlines for acceptance, inspections, and deposit delivery to keep the transaction on track.

Acceptance Expiration:

Often 24–72 hours; specify exact date and time.

Inspection Period:

Commonly 7–14 days from mutual acceptance.

Loan Approval Deadline:

State the date by which financing must be approved.

Earnest Money Due:

Specify date funds must be delivered to escrow.

Closing Date:

Insert the agreed target closing date.

Key Transaction Milestones from Counter to Closing

Track the sequence from counter issuance to final closing to ensure timely performance and contingency removal.

01

Counter Issued

Buyer delivers revised terms to seller via agreed channel.

02

Seller Response

Seller accepts, rejects, or returns a new counter within the deadline.

03

Escrow Opened

Escrow/title company opens file upon mutual acceptance.

04

Closing Completed

Funds transferred and deed recorded per schedule.

Common Preparation and Negotiation Pitfalls

  • Using vague language for price or deadlines leads to enforceability disputes and lender rework.
  • Failing to coordinate contingencies with the lender or escrow causes closing delays or unmet conditions.
  • Omitting delivery instructions for earnest money results in missed deadlines or escrow refusal.
  • Neglecting to set a clear expiration time can leave the offer open unintentionally, creating competing obligations.

Risks and Consequences of Errors in a Counter Offer

Lost Deposit: Forfeiture risk
Contract Dispute: Litigation or arbitration risk
Delayed Closing: Additional costs
Financing Failure: Loan denial risk
Title Issues: Escrow exceptions
Legal Fees: Unplanned attorney costs

Sample eSignature Vendor Pricing and Feature Comparison

Basic plan pricing and select features for common eSignature vendors. signNow appears first per vendor comparison conventions.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes Varies
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No envelope cap 100 envelopes/user/yr Varies by plan Varies by plan Varies by plan

Frequently Asked Questions About Buyer's Counter Offers

Answers to common legal and practical questions about counter offers, e-signatures, and next steps in a real estate transaction.


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