Terms
Draft placeholder. Replace with attorney-reviewed Agent Terms, Buyer Terms and commitment text before launch (handoff decision #29).
Buyer commitment text (commit-draft-1)
By submitting this offer I commit to delivering a complete written offer at this price and on these terms, through my agent or directly, by the end of the next business day. I understand the seller may accept any offer and is not required to accept the highest.
Seller consent text (consent-draft-1)
I authorize my listing agent to disclose the price of the highest offer received to all buyers invited to the offer round for this property. I understand that I am not required to accept any offer, including the highest.
Agent rules
Only licensed listing agents may run offer rounds. Agents may only invite real buyers they have verified. Placeholder or agent-created buyers are prohibited. BindingOffers never handles deposits, escrow or commissions.