How do the terms and conditions work in the offer process?

How Do Terms and Conditions Work in Bōde’s Offer Feature?

The Bōde offer feature includes a built-in template that covers the most commonly used buyer terms and conditions, with the flexibility to add custom conditions if needed.

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Common Buyer Conditions

• Subject to financing
• Subject to the sale of the buyer's property
• Subject to home inspection
• Condo-specific conditions (e.g., review of condo documents)

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Common Buyer Terms

• Repairs (e.g., agreed-upon fixes prior to possession)
• Number of walkthroughs (before closing)
• Buyer agent’s commission rate

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Overview of the Offer Process

1. Load the Listing Page
   Start by opening the listing for the property you want to make an offer on.

2. Pre-Populated Offer Details
   The offer flow automatically includes relevant listing data such as:

   • List price
   • Possession date
   • Inclusions and exclusions
   • Buyer agent’s commission (if offered)

   You can accept the seller's defaults or make changes as part of your offer.

3. Add Terms and Conditions
   During the offer flow, you’ll reach the step where you select:

   • Which conditions and terms to include
   • Whether your offer will be conditional or unconditional
   • A waiver date and time for each condition you add

4. Offer Review & Countering
   Once submitted, the seller can accept, reject, or counter the terms and conditions.
   You’ll receive an email notification when the seller responds, and you’ll be able to view all accepted or modified terms in the platform.

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This structured yet flexible process ensures clarity for both parties and helps move your offer forward with confidence.