Understanding a multi-offer process

A multi-offer process happens when more than one buyer makes a written offer on a property.

Summary of important things to know
  • It can only be described as a multi-offer when there is more than one offer in writing. An agent canā€™t say you are in a multi-offer process if there are no other current offers ā€“ aside from your own ā€“ in writing.

  • In a multi-offer situation, the seller can choose the offer that works best for them from a number of offers.

  • If you are a buyer in a multi-offer process, you need to put your best offer forward because you may not have another opportunity to increase your offer.

  • If you have any concerns about a multi-offer process you are part of, you can speak to the supervising agent or branch manager about your concerns.

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Understanding a multi-offer process

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