Templates Proposals Service proposals Real Estate Proposal Template

Real Estate Proposal Template

Used 6,060 times

Real Estate
Proposal
Template

Use this template — free

 Prepared for: Prepared by:
​[Client.FirstName] [Client.LastName] ​[Sender.FirstName] [Sender.LastName] ​
​ ​

If you are the real estate agent or broker representing the party in this sale, include
your information in the “Prepared by” section. The remaining information on the
funding proposal should be for the Buyer and the Seller.

If you anticipate the Seller receiving a high number of offers on their property, you
may suggest that the Buyer attaches an introductory cover letter to this real estate
business proposal template. While the Buyer is likely to choose the offer that best
meets their financial expectations, a cover letter may be the personal touch that sets
the Buyer apart from other offers.

​[Document.CreatedDate] ​

​[Client.FirstName] [Client.LastName] ​

​[Client.StreetAddress] [Client.City] ​

​[Client.Country] [Client.PostalCode] ​

Property address:

​
Add property address

Property description:

Use this template — free

 Add property description
Dear [Client.FirstName] [Client.LastName] ,

This letter constitutes my offer to purchase the real estate property specified above (the “Property”)
from you (the “Seller”) on the following terms:

Total purchase prise: Enter total price

Refundable deposit: $
Enter deposit value
Closing date: Prior to
MM / DD / YYYY
Contingencies:

List the things that must be done in order for this real estate proposal to stand and remain valid

If all or part of the deposit is nonrefundable, change this editable field to reflect that
information.

There may be factors that are unknown at the time of making an offer. This section
offers protection to the Buyer against buying a property that is different than
represented initially. Other reasons for contingencies include the Buyer needing to
first sell another property before taking on the financial responsibility for the
Property listed in the proposal.

Spend less time on sales documents and streamline your sales process our Proposal Software.

Use this template — free

If the buyer and seller have different real estate agents, commission fees are usually
split between the two. If additional commission is owed for additional agents
 involved in the sale of the property, add those fees here.

Terms and Conditions

By signing this proposal, The Seller acknowledges that they have read the document in its entirety and
agrees to the Purchase Price as well as the terms and conditions. The Seller’s signature also confirms
that they agree to comply with all provisions outlined in this proposal, including working with the Buyer
and the Broker to finalize the sale of the Seller’s property by the estimated date listed above. Terms of
this agreement include:

Deposit

The deposit amount will be applied to the agreed sale price of the property at closing. If for any reason
the Buyer decides not to move forward with the sale of the property, they forfeit the deposit amount of
$(amount). Any deposit over and above this amount is refundable.

Commission

As part of this agreement, the Broker takes the previously agreed upon commission of __% or a total
of $________ out of the closing settlement of the property upon completion of the sale. The Seller
understands that commission fees are decided by each individual broker and not governed or
controlled by the Association of Realtors or any other real estate services.

Extension

If, for any reason, the closing settlement date extends beyond the date listed above, the terms of this
proposal shall also be extended for the period of time needed to complete the transaction and finalize
the agreement.

Failure to Comply

If either the Seller or the Buyer breaks the terms of the contract or fails to follow through on necessary
steps to finalize the Agreement, the other party has the right to recoup attorneys’ fees, broker
commission, and other costs incurred by breaking the Agreement.

You may consider including a clause that limits the recovery fees to specified
financial losses or expenses. Otherwise, it is implied that there is no limit to the
amount that either party may recover if the other party does not comply.

Use this template — free

Discrimination

The Seller agrees that they are accepting this offer for the purchase of their property without
discriminating based on race, color, religion, national origin, sex, disability, or familial status of the
Buyer. This list is not comprehensive, and the Seller may have state or local laws that protect
additional classes from discrimination.

Damages or Alterations

Any changes or damages made to the property in question may result in this Agreement being voided
at the cost of the Seller. Prior to signing final closing documents, the Buyer is entitled to complete a
final walk-thru of the property to assess for changes or damages.

Closing

The Broker will work with all necessary parties to determine an appropriate closing date, time, and
location. The Broker will notify the Seller with at least five (5) business days’ advance notice.

Force majeure

The Seller and Buyer have the right to push back the closing date if a delay is necessary due to forces
beyond either party’s control. This extension will be granted and the closing date rescheduled within
ten (10) business days, or else the party requesting the extension will be held in default and may face
legal and financial repercussions.

Prorating fees

All expenses, including but not limited to taxes, assessments, homeowner’s association dues, and
property assessments, will be prorated according to the date of the closing. The local tax assessor or
collector’s office will provide the correct amount for taxes to the Broker prior to closing. Proration of
any other fees will be calculated by dividing the total cost by 365 days and then multiplying by the
number of days left in the year.

Use this template — free

 You want the execution of every real estate proposal to go just like you expect, but
life happens. It’s important to expect the unexpected and provide guidelines for
what happens if one party or the other needs to push back a closing date. This
eliminates the chances of misunderstandings.

Occupancy

The Seller agrees to completely vacate the Property prior to closing, including removal of any personal
items. Occupancy is granted to the Buyer at the time of closing with no exceptions.

Insurance

The Buyer will provide proof of insurance at closing, if required, dated effective as of the closing date.
The Seller agrees to maintain insurance on the property until the date of closing.

Conveyance

The Seller will transfer the title for the property to the Seller at the time of closing. This is done in good
faith that the title is clean and there all taxes and fees associated with the property are up-to-date.
Other information included with the title may include:

•  Any recorded zoning restrictions, conditions, or limitations

•  Presence of any oil, gas, or mineral reservations
•  Easements or other matters that appear on the Seller’s property
•  Any known facts that a professional survey or inspection would unveil

Utilities

If the property has any active utilities, the Seller has no responsibility to leave the utilities turned on in
their name following the date of closing. If they do choose to leave the utilities on, the Buyer agrees to
transfer the services into their name within three (3) business days of the closing.

Use this template — free

 The Buyer and Seller may reside in different states. Because of this, it is important to
explain which state’s governing laws are used to make any final decisions in regards
to this proposal. It’s a good idea to look up the Seller state’s real estate laws so that
the terms of this agreement align with those legal requirements.

Other terms

None of the terms contained herein shall be binding on the parties until execution of a Purchase and
Sale Agreement for the Property. Once all parties sign the agreement, it is legally binding. If it
becomes necessary to settle any disputes between the Buyer and the Seller, the state of
[Sender.State] shall oversee the arbitration process.

Below are examples of what a Buyer may need to pay, but each situation is unique.
Your buyer may have more or fewer fees. You can use the drag-and-drop tools to
customize this section and tweak the sample language.

At closing, Buyer shall pay the cost of the following:

•  Costs of recording the Deed(s)

•  Any reimbursement on the current year prorated taxes of Seller calculated from the closing
date to the end of the current year
•  Buyer’s reasonable attorney’s fees
•  Escrow and closing fees, if any
•  All costs other than those listed above shall be borne by the Seller

Make sure you explain whether the buyer is expected to pay any of these fees before
closing or if the fees come out of the proceeds of the sale of the property.

Addendums

With a PandaDoc template, it’s easy to go back and make edits until the agreement
meets everyone’s expectations. Remove fields that don’t apply to the sale of a
property, or add new fields if something is missing.

Both the Buyer and the Seller must approve any changes made to this agreement once the signing is
complete. Any agreements made verbally or otherwise do not apply to this contract unless added as
Usethat
an addendum. It is explicitly understood thisaddendums
templateaffecting
— freethe closing date or any costs
outlined in this contract may lead to additional changes to the contract as warranted.
 Buyer extends this real estate proposal to purchase the Property with the understanding that it may
rescind or otherwise terminate this offer and any negotiations at any time.

Buyer accepts Seller’s terms as communicated in [PurchaseTerms.Source] unless otherwise modified

by this offer.

​ ​
Signature Signature

MM / DD / YYYY MM / DD / YYYY

​[Sender.FirstName] [Sender.LastName] ​ ​[Client.FirstName] [Client.LastName]

PandaDoc’s electronic signing solution is available on all business proposal

templates and makes it easy for each party to review the proposal and take turns
signing securely from any device. Once one party signs, the document may be
shared with other parties to collect all necessary signatures. Then save the fully
executed proposal to your CRM and email a printable PDF to all parties for their
records.

Related templates

Use this template — free

POPULAR Cooperative Agreement Template

Real Estate Agency Agreement Template Use this cooperative agreement or memorandum of
agreement can be used to legally lay out the steps
Use this real estate agency agreement template as a
toward an agreed upon result.
contract between your agency and a property owner,
granting your agency exclusive rights to broker the
sale of the listed property.

Use this template — free

POPULAR POPULAR

Exclusivity Agreement Template Real Estate Development Proposal Template

This exclusivity agreement template can be used by Use this real estate development proposal template
a vendor to secure exclusive rights to provide goods to construct a thorough document detailing your
or services to another organization. project’s design, feasibility, risk, timeline, and
financial considerations for potential investors.

FAQ

What is a real estate proposal?

What is the format of a real estate proposal?

How do you write a real estate proposal?

Use this template — free

What is the process of a real estate proposal?

Disclaimer
Parties other than PandaDoc may provide products, services, recommendations, or views on PandaDoc’s site (“Third
Party Materials”). PandaDoc is not responsible for examining or evaluating such Third Party Materials, and does not
provide any warranties relating to the Third Party Materials. Links to such Third Party Materials are for your
convenience and does not constitute an endorsement of such Third Party Materials.

Use this template — free