1385 days ago

Understanding the Multi Offer situation

Matt from

This process is designed to give all potential buyers an equal opportunity.

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.

Contact me to find out more about real estate buying and selling

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More messages from your neighbours
1 day ago

Poll: Do you set New Year’s resolutions?

The Team from Neighbourly.co.nz

🎉 2026 is almost here!

We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?

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Do you set New Year’s resolutions?
  • 10.4% Yes! New Year, New Me
    10.4% Complete
  • 20.8% Yes - but I rarely stick to them
    20.8% Complete
  • 68.7% Nah - not for me
    68.7% Complete
403 votes
24 days ago

Possessions sold as one lot

Teresa from Greerton - Parkvale

Morning everyone 😊

I am wanting to sell our mother's possessions as one lot and not individually; ive heard there are people who do this. .
Does anyone know of someone or where I might start?

L
3 days ago

Shame on You!

Lisa from Otumoetai

This is what greeted workers at Brookfield Sallies yesterday morning. All of it looks like it should have gone straight to the tip, which is what the Sallies will now have to pay to do. Surely whoever does this has no conscience. The Sallies do an amazing job of helping people in times of need and they don't need to be spending any money they receive on doing your dirty work, especially at this time of year.

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