Absolutely Not! Â We encourage creating an account for anyone who thinks there is a chance they might want to participate in a MultiBID event, but there is no requirement to place a bid. It is possible that the highest bid is higher than your maximum when you are ready, so a bid would not be possible.
In any case, once you create an account, you are able Pre-Register for any Future MultiBID’S and BE ready to bid right away so that you won’t miss out on a property for which you have interest.