Illustrative — not a real transaction
Sample transaction
142 Elbow Crescent SW
Offer accepted at $642,000 on 20 August, closing 22 September. Every figure below is made up to show the shape of a CLOSR deal.
Stages
Offer
Buyer submitted $642,000 with financing and inspection conditions attached.
Negotiation
One counter exchanged on possession date; both sides agreed within a day.
Accepted
Signed in-app by both parties, binding under Alberta’s Electronic Transactions Act.
Conditions
Financing due in 5 days, inspection due in 4. Both must clear or be waived before removal.
Condition removal
Once financing and inspection clear, the buyer formally removes both conditions in-app.
Lawyers
Signed package hands to each party’s own lawyer for deposit, title and closing prep.
Closing
Possession date. Deposit, title transfer and keys handled entirely by the lawyers.
Agreed terms
Offer price$642,000
Deposit$20,000
ConditionsFinancing · Inspection
Possession dateSep 22, 2026
Included itemsWasher · dryer · blinds
PartiesBuyer & seller verified
Signing statusSigned both sides
Documents
Signed offerReady
Inspection reportPending
Mortgage commitmentPending
This is what the software does.
Every stage, in one record, for a real deal too.