Offer Explainer
Turn complex offer terms into plain English your clients will understand.
Fill in the fields below, or upload the offer to auto-fill.
π‘ Tip: Enter the number of days for each contingency, or click "Waive" if the buyer is waiving it.
Plain-English offer summary
Fill in the offer details and get a client-ready explanation they'll actually understand.
Confusing contract terms to plain English
Your buyers will understand exactly what they're signing, in language they actually speak.
Offer details
Offer: $625,000 | List: $619,000 Earnest money: $10,000 Down payment: 20% conventional Contingencies: financing + inspection (10 days) Closing: 30 days Perspective: Buyer
Client summary
Great news your offer came in $6,000 above asking price, which puts you in a strong position. You'll write a $10,000 check right away as a good faith deposit. This counts toward your purchase. You have 10 days to do a home inspection. If anything major comes up, you can negotiate or walk away with your deposit back. Expected closing is in about 30 days. That's when keys change hands and you officially own the home!
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