> ## Documentation Index
> Fetch the complete documentation index at: https://developers.investorlift.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Preview an answer to an open round

> Measures an answer to the open round of your chain.



## OpenAPI

````yaml POST /buy/offers/{offer_id}/counter/preview
openapi: 3.1.0
info:
  title: Investorlift Marketplace API
  version: '2026-09-18'
  summary: List, publish and trade wholesale real estate deals on Investorlift.
  description: >-
    The Marketplace API gives a seller organization and a buyer account the same
    actions the Investorlift application gives them. A seller creates a draft,
    publishes a deal, reads its leads and answers offers. A buyer searches
    deals, asks for an address, makes an offer and keeps a buy box. Every answer
    carries a request id, and every refusal carries a problem code with one
    recovery sentence.
  contact:
    name: Investorlift support
    email: support@investorlift.com
servers:
  - url: https://api.investorlift.com/marketplace/v1
    description: Production
security:
  - oauth2: []
tags:
  - name: sell
    description: What a seller organization does with its drafts and deals.
  - name: buy
    description: What a buyer account does with deals, offers and buy boxes.
  - name: me
    description: What this token can do right now.
  - name: events
    description: >-
      What Investorlift sends to a webhook endpoint, one entry for each event
      type.
paths:
  /buy/offers/{offer_id}/counter/preview:
    post:
      tags:
        - buy
      summary: Preview an answer to an open round
      description: >-
        Measures an answer to the open round of your chain. Send terms to
        preview a counter. Send an empty body to preview an accept of the round
        as it stands. It writes nothing and answers a token that lives five
        minutes.
      operationId: previewBuyOfferAnswer
      parameters:
        - name: offer_id
          in: path
          required: true
          description: The public id in the path, for example offer_id as mdl_a1b2c3d4e5f6.
          schema:
            type: string
      requestBody:
        required: true
        content:
          application/json:
            schema:
              type: object
              properties:
                offer_amount:
                  type: integer
                  exclusiveMinimum: 0
                  maximum: 9007199254740991
                  description: >-
                    What the buyer counters with. Leave it out to preview an
                    accept. Whole dollars.
                emd_amount:
                  type: integer
                  exclusiveMinimum: 0
                  maximum: 9007199254740991
                  description: The earnest money deposit of the counter. Whole dollars.
                financing:
                  type: string
                  enum:
                    - cash
                    - lender
                note:
                  description: A note to the seller, at most 500 characters.
                  type: string
                  maxLength: 500
              additionalProperties: false
      responses:
        '200':
          description: Success
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/json:
              schema:
                type: object
                properties:
                  data:
                    $ref: '#/components/schemas/OfferPreview'
                  meta:
                    $ref: '#/components/schemas/Meta'
                required:
                  - data
                  - meta
                additionalProperties: false
        '400':
          description: Body unusable, Identifier malformed, Parameter unknown
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                oneOf:
                  - $ref: '#/components/schemas/Problem.invalid_body'
                  - $ref: '#/components/schemas/Problem.invalid_id'
                  - $ref: '#/components/schemas/Problem.unknown_parameter'
        '401':
          description: Not authenticated
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                $ref: '#/components/schemas/Problem.unauthorized'
        '403':
          description: >-
            Seller refuses API offers, Designation missing, Refused, Scope
            missing, Terms not accepted
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                oneOf:
                  - $ref: '#/components/schemas/Problem.api_offers_disabled'
                  - $ref: '#/components/schemas/Problem.designation_required'
                  - $ref: '#/components/schemas/Problem.forbidden'
                  - $ref: '#/components/schemas/Problem.insufficient_scope'
                  - $ref: '#/components/schemas/Problem.terms_required'
        '404':
          description: Not found
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                $ref: '#/components/schemas/Problem.not_found'
        '405':
          description: Method not allowed
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                $ref: '#/components/schemas/Problem.method_not_allowed'
        '409':
          description: Deal closed, Round closed, Other side acts next
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                oneOf:
                  - $ref: '#/components/schemas/Problem.deal_closed'
                  - $ref: '#/components/schemas/Problem.offer_superseded'
                  - $ref: '#/components/schemas/Problem.wrong_side'
        '422':
          description: Body failed validation
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                $ref: '#/components/schemas/Problem.validation_failed'
        '429':
          description: Cap reached, Daily cap reached
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                oneOf:
                  - $ref: '#/components/schemas/Problem.cap_reached'
                  - $ref: '#/components/schemas/Problem.daily_cap_reached'
        '503':
          description: Service unavailable
          headers:
            X-Request-Id:
              $ref: '#/components/headers/XRequestId'
          content:
            application/problem+json:
              schema:
                $ref: '#/components/schemas/Problem.origin_error'
      security:
        - oauth2:
            - offers:write
components:
  headers:
    XRequestId:
      description: The id this answer shares with the Investorlift request log.
      schema:
        type: string
  schemas:
    OfferPreview:
      type: object
      properties:
        deal:
          type: object
          properties:
            id:
              type: string
              description: The deal id, mdl_<row id>.
            status:
              type: string
              description: The status of the deal at the preview.
            asking_price:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
              description: The asking price at the preview. Whole dollars.
            min_emd:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
              description: The lowest earnest money deposit the deal takes.
            floor_amount:
              description: >-
                The lowest offer the seller takes. The seller chooses to
                disclose it.
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
          required:
            - id
            - status
            - asking_price
            - min_emd
          additionalProperties: false
        terms:
          type: object
          properties:
            offer_amount:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
            emd_amount:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
            financing:
              type: string
              enum:
                - cash
                - lender
            note:
              anyOf:
                - type: string
                - type: 'null'
              description: The note after the contact scrubber ran.
          required:
            - offer_amount
            - emd_amount
            - financing
            - note
          additionalProperties: false
        requirements:
          type: array
          items:
            type: object
            properties:
              code:
                type: string
                enum:
                  - deal_offerable
                  - api_offers_enabled
                  - identity_verified
                  - proof_of_funds_current
                  - min_emd
                  - above_floor
                  - financing_accepted
                  - no_open_offer
                  - offer_cap
                  - active_chain_cap
              met:
                type: boolean
                description: True when the offer meets this requirement now.
              blocking:
                type: boolean
                description: True when a submit fails while this requirement is unmet.
            required:
              - code
              - met
              - blocking
            additionalProperties: false
        can_submit:
          type: boolean
          description: True when every blocking requirement is met.
        open_offer_id:
          anyOf:
            - type: string
              description: The open round of this buyer on this deal.
            - type: 'null'
        standing:
          type: object
          properties:
            tier:
              type: string
              enum:
                - T0
                - T1
                - T2
                - T3
              description: >-
                The trust tier of this buyer, from T0 to T3. GET /me names each
                fact behind it.
            offers_left_today:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
              description: How many new offers the tier still allows today.
            previews_left_today:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
              description: How many previews the tier still allows today.
            active_chains:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
              description: How many chains of this buyer are open now.
            active_chains_limit:
              type: integer
              minimum: -9007199254740991
              maximum: 9007199254740991
              description: How many chains the tier allows at one time.
          required:
            - tier
            - offers_left_today
            - previews_left_today
            - active_chains
            - active_chains_limit
          additionalProperties: false
        preview_token:
          type: string
          description: The token the submit sends back. It lives five minutes.
        expires_at:
          type: string
          format: date-time
          pattern: >-
            ^(?:(?:\d\d[2468][048]|\d\d[13579][26]|\d\d0[48]|[02468][048]00|[13579][26]00)-02-29|\d{4}-(?:(?:0[13578]|1[02])-(?:0[1-9]|[12]\d|3[01])|(?:0[469]|11)-(?:0[1-9]|[12]\d|30)|(?:02)-(?:0[1-9]|1\d|2[0-8])))T(?:(?:[01]\d|2[0-3]):[0-5]\d(?::[0-5]\d(?:\.\d+)?)?(?:Z))$
          description: When the token expires.
      required:
        - deal
        - terms
        - requirements
        - can_submit
        - open_offer_id
        - standing
        - preview_token
        - expires_at
      additionalProperties: false
    Meta:
      type: object
      properties:
        request_id:
          type: string
          description: The id this answer shares with the log.
        api_version:
          type: string
          description: The contract version the body is rendered at.
      required:
        - request_id
        - api_version
      additionalProperties: false
    Problem.invalid_body:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: Body unusable. Send a JSON body with the content type application/json.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#invalid_body
        title:
          const: Body unusable
        status:
          const: 400
        code:
          const: invalid_body
        recovery:
          const: Send a JSON body with the content type application/json.
    Problem.invalid_id:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Identifier malformed. Send the public id with its type prefix, for
        example mdl_a1b2c3d4e5f6.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#invalid_id
        title:
          const: Identifier malformed
        status:
          const: 400
        code:
          const: invalid_id
        recovery:
          const: >-
            Send the public id with its type prefix, for example
            mdl_a1b2c3d4e5f6.
    Problem.unknown_parameter:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Parameter unknown. Remove the parameter the detail names, because this
        operation reads no such field.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#unknown_parameter
        title:
          const: Parameter unknown
        status:
          const: 400
        code:
          const: unknown_parameter
        recovery:
          const: >-
            Remove the parameter the detail names, because this operation reads
            no such field.
        unknown_parameters:
          type: array
          items:
            type: string
          description: Every field of the request this operation does not read.
      required:
        - unknown_parameters
    Problem.unauthorized:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Not authenticated. Send a current access token for this API, and start a
        new authorization when the token is expired.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#unauthorized
        title:
          const: Not authenticated
        status:
          const: 401
        code:
          const: unauthorized
        recovery:
          const: >-
            Send a current access token for this API, and start a new
            authorization when the token is expired.
    Problem.api_offers_disabled:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Seller refuses API offers. Contact the seller outside the API, because
        this seller takes no offer through it.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#api_offers_disabled
        title:
          const: Seller refuses API offers
        status:
          const: 403
        code:
          const: api_offers_disabled
        recovery:
          const: >-
            Contact the seller outside the API, because this seller takes no
            offer through it.
    Problem.designation_required:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Designation missing. Finish the onboarding of the side you call, then
        repeat the call.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#designation_required
        title:
          const: Designation missing
        status:
          const: 403
        code:
          const: designation_required
        recovery:
          const: Finish the onboarding of the side you call, then repeat the call.
        designation:
          description: The designation the side of this operation needs.
          type: string
          enum:
            - seller
            - buyer
    Problem.forbidden:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Refused. Ask Investorlift support why the account, the client or the
        organization is stopped.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#forbidden
        title:
          const: Refused
        status:
          const: 403
        code:
          const: forbidden
        recovery:
          const: >-
            Ask Investorlift support why the account, the client or the
            organization is stopped.
    Problem.insufficient_scope:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Scope missing. Start a new authorization that asks for the scope named
        in the detail.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#insufficient_scope
        title:
          const: Scope missing
        status:
          const: 403
        code:
          const: insufficient_scope
        recovery:
          const: >-
            Start a new authorization that asks for the scope named in the
            detail.
        scope:
          type: string
          enum:
            - marketplace:profile
            - deals:read
            - deals:write
            - offers:read
            - offers:write
            - inquiries:read
            - inquiries:write
            - leads:read
            - leads:write
            - contacts:read
            - reviews:read
            - buy_boxes:manage
            - webhooks:manage
            - events:read
          description: The scope this operation needs.
      required:
        - scope
    Problem.terms_required:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Terms not accepted. Accept the Marketplace API Terms on the consent
        page, then start a new authorization.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#terms_required
        title:
          const: Terms not accepted
        status:
          const: 403
        code:
          const: terms_required
        recovery:
          const: >-
            Accept the Marketplace API Terms on the consent page, then start a
            new authorization.
        agreement_id:
          type: string
          description: The version of the Marketplace API Terms to accept.
      required:
        - agreement_id
    Problem.not_found:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Not found. Check the id, and check that the account you call with owns
        the resource.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#not_found
        title:
          const: Not found
        status:
          const: 404
        code:
          const: not_found
        recovery:
          const: >-
            Check the id, and check that the account you call with owns the
            resource.
    Problem.method_not_allowed:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Method not allowed. Use one of the methods the documentation lists for
        this path.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#method_not_allowed
        title:
          const: Method not allowed
        status:
          const: 405
        code:
          const: method_not_allowed
        recovery:
          const: Use one of the methods the documentation lists for this path.
    Problem.deal_closed:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Deal closed. Read the deal to see the current status, and act on an open
        deal instead.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#deal_closed
        title:
          const: Deal closed
        status:
          const: 409
        code:
          const: deal_closed
        recovery:
          const: >-
            Read the deal to see the current status, and act on an open deal
            instead.
    Problem.offer_superseded:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Round closed. Read the id of the open round in the body, then act on
        that round.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#offer_superseded
        title:
          const: Round closed
        status:
          const: 409
        code:
          const: offer_superseded
        recovery:
          const: Read the id of the open round in the body, then act on that round.
    Problem.wrong_side:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Other side acts next. Wait for the counterparty to answer, because the
        current round belongs to them.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#wrong_side
        title:
          const: Other side acts next
        status:
          const: 409
        code:
          const: wrong_side
        recovery:
          const: >-
            Wait for the counterparty to answer, because the current round
            belongs to them.
    Problem.validation_failed:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Body failed validation. Correct each field the detail names, then repeat
        the call.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#validation_failed
        title:
          const: Body failed validation
        status:
          const: 422
        code:
          const: validation_failed
        recovery:
          const: Correct each field the detail names, then repeat the call.
    Problem.cap_reached:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Cap reached. Wait for the time in Retry-After, or raise your trust tier
        with the step in GET /me.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#cap_reached
        title:
          const: Cap reached
        status:
          const: 429
        code:
          const: cap_reached
        recovery:
          const: >-
            Wait for the time in Retry-After, or raise your trust tier with the
            step in GET /me.
    Problem.daily_cap_reached:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Daily cap reached. Wait for the next day in UTC, or raise your trust
        tier with the step in GET /me.
      properties:
        type:
          const: >-
            https://developers.investorlift.com/marketplace/errors#daily_cap_reached
        title:
          const: Daily cap reached
        status:
          const: 429
        code:
          const: daily_cap_reached
        recovery:
          const: >-
            Wait for the next day in UTC, or raise your trust tier with the step
            in GET /me.
    Problem.origin_error:
      allOf:
        - $ref: '#/components/schemas/Problem'
      description: >-
        Service unavailable. Repeat the call in a minute, and tell Investorlift
        support when the answer stays the same.
      properties:
        type:
          const: https://developers.investorlift.com/marketplace/errors#origin_error
        title:
          const: Service unavailable
        status:
          const: 503
        code:
          const: origin_error
        recovery:
          const: >-
            Repeat the call in a minute, and tell Investorlift support when the
            answer stays the same.
    Problem:
      type: object
      description: >-
        One refusal, as RFC 9457 application/problem+json. The code picks the
        status, the title and the recovery sentence.
      properties:
        type:
          type: string
          format: uri
          description: The errors page anchor of the code.
        title:
          type: string
          description: The short title of the code.
        status:
          type: integer
          description: The HTTP status of this answer.
        code:
          type: string
          enum:
            - address_unavailable
            - agreement_required
            - api_offers_disabled
            - below_floor
            - cap_reached
            - client_limit
            - daily_cap_reached
            - deal_changed
            - deal_closed
            - deal_incomplete
            - designation_required
            - draft_under_review
            - duplicate_inquiry
            - forbidden
            - idempotency_conflict
            - idempotency_in_progress
            - idv_required
            - insufficient_balance
            - insufficient_role
            - insufficient_scope
            - invalid_body
            - invalid_id
            - invalid_parameter
            - invalid_transition
            - lead_locked
            - method_not_allowed
            - no_organization
            - not_a_member
            - not_found
            - offer_exists
            - offer_required
            - offer_superseded
            - organization_required
            - origin_error
            - person_exists
            - preview_expired
            - preview_mismatch
            - proof_of_funds_expired
            - proof_of_funds_missing
            - rate_limited
            - requirement_unmet
            - resource_exists
            - resource_limit
            - strike_exists
            - strike_window_closed
            - terms_required
            - unauthorized
            - unknown_parameter
            - validation_failed
            - webhook_limit
            - webhook_url_refused
            - wrong_side
          description: The problem code. Read this, never the title.
        detail:
          type: string
          description: What happened for this one request.
        recovery:
          type: string
          description: One sentence that says what to do next.
        request_id:
          type: string
          description: The id this answer shares with the log.
      required:
        - type
        - title
        - status
        - code
        - detail
        - recovery
        - request_id
  securitySchemes:
    oauth2:
      type: oauth2
      description: >-
        Authorization code with PKCE. The person grants the scopes on the
        Investorlift consent page and accepts the Marketplace API Terms there.
      flows:
        authorizationCode:
          authorizationUrl: https://mogul.investorlift.com/api/auth/oauth2/authorize
          tokenUrl: https://mogul.investorlift.com/api/auth/oauth2/token
          refreshUrl: https://mogul.investorlift.com/api/auth/oauth2/token
          scopes:
            marketplace:profile: Read your account, your organization and your trust tier.
            deals:read: Read your deals as a seller, and the deals you see as a buyer.
            deals:write: >-
              Create drafts, add media and documents, publish deals and change
              their status.
            offers:read: >-
              Read the offers on your deals as a seller, and your own offers as
              a buyer.
            offers:write: Make, counter, accept, decline and withdraw offers.
            inquiries:read: >-
              Read the inquiries and address requests on your deals, and your
              own.
            inquiries:write: Send inquiries and address requests, and answer address requests.
            leads:read: Read the leads on your deals with their history.
            leads:write: Set a lead status, add a lead and file a strike.
            contacts:read: >-
              Read the email address and the phone number of a buyer on your
              deals.
            reviews:read: Read a seller public profile and the reviews of that seller.
            buy_boxes:manage: Read and change your buy boxes and their alerts.
            webhooks:manage: Create, read and delete the webhook endpoints of your side.
            events:read: Read the event feed of your side.

````

## Related topics

- [Preview an answer to an open round](/api-reference/buy/preview-an-answer-to-an-open-round.md)
- [Counter the seller round](/api-reference/buy/counter-the-seller-round.md)
- [Accept the seller round](/api-reference/buy/accept-the-seller-round.md)
- [Counter an offer on your deal](/api-reference/sell/counter-an-offer-on-your-deal.md)
