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In the tutorial, it’s explained that after verbally confirming an offer of $207,000, that amount should be documented. The speaker suggests using PropStream to find a contract template available under the help section. If the template is not accessible, users can email or chat with support for assistance. The tutorial emphasizes filling in the purchase price, allowing for a deduction of ten dollars or including the exact amount based on preference, noting that this approach is largely psychological. The speaker cautions that if the seller backs out, despite prior agreement, it raises questions about their commitment.