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Multi-offer Acknowledgement Form

About Multi-Offers

The multi-offer process is intended to provide all interested buyers with a fair opportunity to submit their best offer for a property they wish to purchase.

A multi-offer situation occurs in the context of real estate when a property that is for sale receives offers from multiple potential buyers. It's a competitive scenario where more than one buyer expresses interest in purchasing the same property at the same time.

It can only be described as a multi-offer when there is more than one offer in writing. An agent can’t say you are in a multi-offer process if there are no other current offers – aside from your own – 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.

Multi-offer Acknowledgement For

Please fill in the details below

Full name/s of purchaser/s making an offer

What address is your offer pertaining to?

The salesperson has disclosed to me/us that there is another offer/s being made on the property at this time.

I/we also acknowledge that the salesperson, prior to making a final offer advised us that the vendor might a) choose not to accept any offers made, or b) counteroffer with one and only one of the purchasers, or c) negotiate with one and only one of the purchasers.

I/we also acknowledge that I/we are aware that the vendor might not accept my/our offer or choose to negotiate with us.

I/we hereby acknowledge that following the advice, our offer is our best offer.

I/we understand that the offer price and terms and conditions of my/our offer will remain confidential to me/us and the salesperson drafting my/our offer.

I/we understand that our offer will be sealed in an envelope and will only be opened in the presence of the vendor and that all offers will be presented to the vendor at the same time.

I/we further acknowledge that at the time we entered into this offer, I/we did so freely and voluntarily, without any influences or duress, and I/we confirm that I/we were recommended to obtain legal advice and were advised to obtain any necessary technical or other specialist or expert advise before submitting this offer.

I/we further declare that the submission of this form constitutes the signatures of all purchasers.

I/we are submitting this form on:

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