You will always be protected by right to accept or not accept any bid. If a bid is not deemed sufficiently high by the seller in a MultiBID scenario, the seller has the right to reject the bid. In such cases, the seller is not obligated to proceed with the transaction and can choose to explore other options.
The MultiBID platform is designed to create the optimal environment for Buyers to express their interest in purchasing their property. It allows sellers to accept open bids and make decisions based on the highest price and openly disclosed terms of sale made available prior to commencement of live biddin. The seller may opt to wait for a higher bid or consider alternative offers that better align with their expectations.
Ultimately, the seller retains the authority to determine the suitability of each bid and make choices accordingly.
