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
This one was sent in by your fellow neighbour, can you figure it out?
What is first white then red and the plumper it gets the more the old lady likes it?
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PLANT SALE - TE PUNA QUARRY PARK - 13 Oct
Our spring plant sale on Sunday 13 Oct 2024 (10am - 1pm) at Te Puna Quarry Park will be a large one again. (Plant donations are still welcome though!). On sale is a variety of garden plants, succulents, vegetable seedlings, pots, other garden stuff, some house plants, textiles and gifts. Kids can make Christmas decorations. Omokoroa Lions will do a Sausage sizzle. Online payment is available. Proceeds are for ongoing Park maintenance. Donations of plants and pots are always welcome and much appreciated, either before or on the day. Info: Elly 027 371 8720. Or tepunaquarrypark@gmail.com. Thanks from the Quarry Park volunteers!
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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43.4% Yes, I've seen some illegal dumping
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56% No, our neighbourhood is pretty good
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0.6% Other - I'll share below