How Multi-Offers Work In The New Zealand Property Market
Your heart is set on a house, you finally put an offer together, and then the agent says two words that spike your stress levels: multi-offer. Suddenly you are asking all the hard questions. Are they telling the truth? Are you being pressured? Do you have any rights in the process, or are you just meant to “put your best foot forward” and hope for the best?
We sit down with Megan Love, a Harcourts real estate agent, to demystify how multi-offers work in the New Zealand property market and why they happen more often than people think. We talk through the difference between expected competition…
The skinny
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