approval does notbind the seller, what does this mean?
I am guessing that this is a clause you are reading in a real estate agent’s buyer’s agency agreement.
Typically, real estate agents list a property for sale in the multiple listing service and another real estate agent brings the buyer to the settlement table.
The real estate agent who represents the buyer typically collects an earnest money deposit from their client as evidence of good faith and to show the buyer is serious about the offer. If the buyer’s agent deposits the earnest money in an escrow account, the mere act of making the deposit does not obligate the seller in any way if the seller does not accept the purchase offer.