No offense, but your verbal acceptance is as good as the paper it's written on. I don't know the protocol in your state, but here we do not consider it a 'deal' until there is a timed, dated & initialed confirmation. In other words, if you were my buyer and accepted the counter offer, I would not consider it a completed contract unless I had the seller or their agent initial the confirmation of acceptance and send it back to me. What happens if the bank sent out multiple counter offers and multiple buyers accepted? Does this mean you don't have a deal? Not necessarily. Sometimes the banks are really slow to perform their side of the tasks and maybe that is the hold up. Talk to your agent and get the details. This is one of the most important decisions of your life so make sure there is good communication with your agent.