How Do Multi-Offers Work?
Here at BMC Lawyers, we specialise in property, and we’re here to help walk you through one of the more complicated parts of real estate: multi-offers.
Before we can start, we cover exactly what a multi-offer entails. Essentially, if more than one buyer is making a written offer for a property, the real estate agent compiles them all and hands them over to the seller to select from.
Whether you’re a buyer or seller, it’s important to know how this situation works. Read on to find out more!