What everyone should know about the Multi Offer process when buying a home
Kia Ora
This process is designed to give all potential buyers an equal opportunity.
Want to know more about the multi offer process just have a chat with me.
It is not like an auction where there can be multiple bids (offers) happening “live” with bidders (buyers) competing openly with one another to purchase the property being auctioned and the buyer is the person who pays the highest amount, out of all the participating buyers, that the Owners will accept. An Agreement is then automatically formed with the successful bidder ( buyer)
In a multi offer situation the seller is not obliged or required to accept any offer. They may accept one offer, reject all offers, or choose to negotiate further with one party.
Multi-offer processes can differ from agency to agency, but they can only be described as multi-offer when there is more than one offer in writing competing to buy the same property.
A multi-offer process can also be used if a property has failed to sell at auction or in a tender or deadline sale process . In these cases, an agent may initiate a multi-offer process where all interested parties are invited to submit their best offer.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.9% Yes, supporting people is important!
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25.8% No, individuals should take responsibility
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14.4% ... It is complicated
Poll: Could having a bigger university presence bring new opportunities and energy to the Bay of Plenty?
As reported in The Post, the University of Waikato is planting roots in Tauranga as it works on “ambitious plans” to grow its Durham St campus. The goal? To see Tauranga recognised as a true “university city.”
We want to know: Could having a bigger university presence bring new opportunities and energy to the region? We’d love to hear your thoughts!
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57.1% Yes!
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28.6% Nah
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14.3% Mmm, let's wait and see
Small round patio table with 2 chairs
I am looking to purchase a small round patio table with 2 chairs.
If there is anybody who has one can you please msge me.
Teresa
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