Our agent said that it doesn't matter if a binder is in place, because other offers can still be made and accepted during this time. An unsigned offer is not an accepted offer, they are under no obligation and can change their mind until that offer is signed.The time for acceptance shall not be less than ten days. This article examines the ins and outs of backing out of unsigned versus signed contracts on properties in New York State and examines how to mitigate risks. You do not have an accepted offer until the ink is dry on that contract, remember that.