Log inStart free
☰
How it worksFree toolsPricingLog in Sample roundFind an agentFree widgetsMarket pulseListing ProTermsPrivacyAboutContact

Wisconsin seller consent to disclose offers form

A one-page form for Wisconsin sellers to sign before the listing goes live, worded for the state’s rule (Wis. Admin. Code REEB 24.12(1)).

Wisconsin: Another buyer’s terms may not be sharedA licensee may not disclose any of the terms of one prospective buyer's offer to another prospective buyer; only the existence of offers and contingency/bump-clause facts may be shared. Wisconsin disclosure rule, source and review date →

Seller Authorization to Disclose Offer Information
Seller
[Seller name(s)]
Property
[Property address]
Listing agent
[Listing agent], [Brokerage]

Seller owns the property above (the “Property”) and has engaged the listing agent named above (“Listing Agent”). If more than one offer is received on the Property, Seller authorizes Listing Agent to disclose the following to buyers and their agents who ask, equally and at the same time:

  • That other offers exist and how many there are, and whether each was obtained by Listing Agent, another agent in the same brokerage, or another brokerage.

Seller does not authorize disclosure of any buyer’s name or personal information.

Wisconsin (Wis. Admin. Code REEB 24.12(1)) does not allow a licensee to disclose the terms of one buyer’s offer to another buyer. This authorization is therefore limited to the existence and number of offers.

Seller understands that:

  • Seller is not required to accept the highest offer or any offer, and may accept, reject or counter any offer.
  • Disclosing offer information may encourage higher offers, and some buyers may choose not to compete.
  • Seller may change or withdraw this authorization in writing at any time. A change applies to disclosures made after Listing Agent receives it.
Seller signature / date
Seller signature / date
Listing Agent acknowledgment / date

Wisconsin rule: Wis. Admin. Code REEB 24.12(1). Source and review date: bindingoffers.com/rules/offer-disclosure/wisconsin.

Download the one-page PDF with signature lines
Add your brandingShown at the top of the PDF. All optional.
Where should we send it?
Your PDF downloads right away. PDFs from the free tools say "Made with BindingOffers".

How this works

Pick the state and what the seller wants to allow, and the form fills in as you type. It covers three levels: that other offers exist (and how many, and where they came from, as the REALTOR® Code of Ethics requires on request), the highest price, or prices and other terms. It never authorizes sharing a buyer’s name.

The state’s rule shapes the form. In Wisconsin it’s limited to the existence of offers. In North Carolina it adds that each buyer will be asked for their own consent. In Minnesota it adds that no terms are shared until an offer is presented to the seller. If you’ll run an offer round, the form includes the same consent the seller signs in BindingOffers, word for word, so it looks familiar when they sign it online.

Questions

Does a listing agent need the seller’s consent to disclose other offers?

Yes. Under Standard of Practice 1-15 of the REALTOR® Code of Ethics, a listing agent may disclose the existence of offers only with the seller’s approval. Getting that approval in writing, before the listing goes live, protects the seller and the agent.

What is the seller agreeing to?

Only what the form says: which offer information may be shared, shared equally with every buyer who asks, and never buyers’ names. The seller keeps full control over which offer to accept and can change the authorization in writing at any time.

Can listing agents share offer prices in Wisconsin?

A licensee may not disclose any of the terms of one prospective buyer's offer to another prospective buyer; only the existence of offers and contingency/bump-clause facts may be shared. (Wis. Admin. Code REEB 24.12(1).) See the Wisconsin disclosure page for the source.

Running multiple offers? Run your first offer round free.Run your first round free