auctionner: Understanding the Difference Between a Bid and an Offer
- 11/13/20 10:55 AM
Understanding the Difference Between a Bid and an OfferWhat's the difference? In short, there isn't one! The words are used pretty interchangeably. Whe purchaser makes an offer it's considered as a bid. With auctions, people tend to be hesitant with the word bid. However, in the grand scheme of things - with bid and offer, it's all the same! The Differences ExplainedOften, you'll hear the term offer used in a conventional real estate sale. Bid is often used in the auctioning space. However, as stated above the terms are interchangeable and extremely similar! When you place an offer on a property, you are essentially placing … (0 comments)
Understanding the Difference Between a Bid and an OfferWhat's the difference? In short, there isn't one! The words are used pretty interchangeably. Whe purchaser makes an offer it's considered as a bid. With auctions, people tend to be hesitant with the word bid. However, in the grand scheme of things - with bid and offer, it's all the same!
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