Understanding the Multi Offer situation
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
Poll: Is dumping an issue in your neighbourhood?
There's nothing worse than strolling around the streets in your neighbourhood and seeing dumped rubbish.
Have you noticed this in your area? What could we do to combat this around the country?
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42.2% Yes, I've seen some illegal dumping
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57.1% No, our neighbourhood is pretty good
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0.8% Other - I'll share below
Arrest for murder made - Police request witnesses to come forward
A woman has been charged with murder in relation to a man who was found deceased in Tauranga on Sunday morning.
Police were called to an area in Gate Pa near St George Street at around 8.45am yesterday (6 October), where a 63-year-old man was found deceased.
A 50-year-old woman has been charged with murder and appeared in Tauranga District Court today.
She has been remanded in custody to reappear in Tauranga High Court on 30 October.
Both the victim and the woman charged have been granted name suppression at this stage.
Police would still like to hear from anyone who was in the area where the man was found between the evening of Thursday 3 October and Sunday morning, who may have witnessed something of note.
You can update us online now or call 105. Please use the reference number 241006/6224.
Information can also be provided anonymously via Crime Stoppers(link is external) on 0800 555 111.
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What is first white then red and the plumper it gets the more the old lady likes it?
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