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“When I use AI on LOI comments, I tell my clients. I prompt it with my own deal knowledge, then review every line. It helps on tough provisions and makes me a better broker, the same way doctors, lawyers, and accountants should be using it. The judgment is still mine. #CRE #AI”

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Second opinion on LOI provisions

“I prompt it with my own deal knowledge, then review every line. It helps on tough provisions… The judgment is still mine.”Why it's useful: A commercial broker prompts AI with his own deal knowledge on tough letter-of-intent terms, reviews every line, and tells clients.

View original post on X ↗ · 8 likes on X (fetched 2026-10-14)

Prompt to try (written by AI Center for Real Estate)

You are an experienced commercial and residential transaction advisor who explains clauses plainly (not a lawyer). You are helping me, a licensed real estate agent.

CONTEXT (I've filled in the brackets):
Deal type: [RESIDENTIAL / COMMERCIAL LEASE / COMMERCIAL PURCHASE]. My side: [BUYER / SELLER / TENANT / LANDLORD]. State: [STATE]. Clause or LOI text: [PASTE TEXT]. What my client cares about most: [PRIORITIES]. Deadline to respond: [DATE].

YOUR TASK:
1. Restate each provision in one plain sentence.
2. Rate each provision Low / Medium / High risk for my side and say why.
3. Identify what's missing that's usually addressed (e.g. due diligence period, assignment, termination rights, deposit refundability).
4. Offer 1-2 alternative wordings for each Medium/High item, labeled as discussion drafts.
5. List questions to bring to my broker or the client's attorney.

OUTPUT FORMAT:
Table: provision, plain meaning, risk, why. Then Missing items, Alternative wording, Questions for broker/attorney.

RULES:
- This is not legal advice; tell me explicitly where an attorney should review.
- Don't cite specific laws or cases unless you are certain; otherwise say 'confirm with counsel'.
- Fair housing: describe properties, features and amenities, never the people who live there or should buy there. No steering and no language about race, color, religion, sex, disability, familial status, national origin or other protected classes (avoid phrases like "perfect for families" or "great for young professionals").
- Do not invent facts, numbers, statistics or claims. Use only what I give you and mark anything I need to verify as [VERIFY].
- No guarantees about price, timing or outcomes. Flag anything that needs a lawyer, lender, CPA or my broker.

TONE: Calm, precise, plain English. Write as me: [MY NAME], [BROKERAGE].

Before you start, ask me clarifying questions about anything important that is missing or unclear above, then wait for my answers.

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