Identifying Parties
Full legal names and contact details for all submitting parties so the recipient can verify identities and route responses correctly.
An EOI signals intent, helps sellers screen serious prospects, and creates a time-bound framework for negotiations without committing parties to a full contract.
An EOI is not usually a binding purchase agreement, but it can shape negotiation dynamics and accelerate offer preparation.
Full legal names and contact details for all submitting parties so the recipient can verify identities and route responses correctly.
Clear property identifier such as address, parcel number, or lease unit to avoid ambiguity about which asset the EOI concerns.
Basic commercial terms: proposed purchase price or rent, deposit amount, proposed closing or lease commencement date, and key conditions.
Short statement of funding source with attached evidence (bank letter, lender preapproval) to demonstrate the ability to close.
List of material contingencies such as financing, inspection, zoning approval, or board consent that must be satisfied before a binding contract.
A response deadline and any proposed exclusivity period so the seller can manage competing offers and reply within a set timeframe.
| Field | Configuration |
|---|---|
| Required Fields | Make name, price, and proof of funds mandatory |
| Attachment Settings | Allow PDF upload up to 10 MB |
| Routing | Auto-send to listing agent after submission |
| Notifications | Email and SMS alerts for new submissions |
Choose a workflow with audit logs and retention controls to preserve evidentiary records without increasing signer friction.
Set a 3–14 day window for responses depending on market pace
If requested, state when earnest money is due after acceptance
Specify when inspections or title review may begin if moving to contract
Short exclusivity (7–21 days) limits seller from negotiating other EOIs
Seller should issue reply by the date in EOI to avoid ambiguity
Tim Martin used online EOIs to process multiple offers quickly
Brian Fitzgibbons emphasized a simple interface for customers
An individual with authority to act for the buyer or tenant, such as a director, officer, or agent with written delegation. Include title and capacity to verify signing authority.
A person signing on behalf of a company must state the legal entity name and their role; attach corporate authorization if required by the recipient.
| 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 free trial | No | No | Yes, limited | Yes, limited |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |