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
A riddle to start the festive season 🌲🎁🌟
I'm a fruit. If you take away my first letter, I'm a crime. If you take away my first two letters, I'm an animal. If you take away my first and last letter, I'm a form of music. What am I?
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Appeal for information following fatal crash: Tāneatua
Police investigating a fatal crash in Tāneatua are seeking further information from members of the public who witnessed the crash, or any movements leading up to the crash, to assist with our enquiries.
Prior to the crash, Police can confirm the red Honda Accord was observed travelling on Reid Road in excess of the speed limit.
A Police vehicle travelling the other direction observed the vehicle at speed, however was unable to locate the vehicle as it travelled towards White Pine Bush Road.
Police believe there were two other vehicles near or on the Pekatahi Bridge at the time of the crash, and we’d like to speak to the occupants of those vehicles to understand what they saw.
Additionally, we’re still seeking information from anybody who saw a red Honda Accord travelling in and around Tāneatua between 5:30pm and 6pm on Tuesday 2 December.
If you have information, please contact Police via 105, either over the phone or online, referencing file number 251202/5566.
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At The Bayview, stunning views and relaxed, resort-style living set the tone for every day. Light-filled apartments, friendly neighbours and quality amenities create a lifestyle that feels uplifting and beautifully easy. Make the most of Tauranga’s sunshine in a place designed for comfort and connection.
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