Purchase Price
Clearly state the exact dollar amount offered, show numerals and spelled-out amount, and specify whether contingencies affect the net price.
A complete, well-structured unsigned offer reduces confusion, speeds negotiation, and preserves evidence of the parties’ proposed terms. Proper formatting also makes later electronic execution and document retention straightforward and supports enforceability under ESIGN (15 U.S.C. ch. 96) and state UETA rules.
Typical participants include the buyer, buyer’s agent, seller, listing agent, lender, title company, and attorneys when retained.
Each party’s role affects what belongs in the offer and which supporting documents should accompany it before signatures are requested.
| Field | Configuration |
|---|---|
| Authentication | Email + SMS code or stronger KBA per risk tolerance |
| Conditional Fields | Show or hide contingencies based on selected options |
| Template Reuse | Save standard offer templates with embedded clauses |
| Notifications | Enable signer reminders and completion alerts |
Verify the signing platform supports required formats, authentication, and audit trails for your jurisdiction and transaction type.
Confirm the platform can retain records in tamper-evident form and produce a certificate of completion for evidentiary purposes.
| 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 | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
Tim Martin, Founder, used structured online offers to consolidate out-of-town buyer responses and expedite closings.
Optica’s COO standardized offer templates across agents to ensure consistent contingency language.
Clearly state the exact dollar amount offered, show numerals and spelled-out amount, and specify whether contingencies affect the net price.
Provide street address plus legal description when available; include parcel number to avoid ambiguity during title search.
Note whether the offer is contingent on loan approval, include lender timelines, and state any seller financing proposals.
List inspection, appraisal, financing, and title contingencies with explicit deadlines and cure mechanics.
State amount, timing of deposit, escrow holder details, and conditions for return or forfeiture.
Set a closing date, location, and possession timing; address prorations and prorate schedules if applicable.
State a firm expiration (e.g., 48–72 hours) to create a binding window
Require deposit within 72 hours or as agreed with escrow instructions
Commonly 7–10 days for buyer inspections and repair requests
Typical lender underwriting periods range 21–30 days
Set an exact MM/DD/YYYY closing date once financing and title conditions are met