At any time during and after the Bidding period, the Appraising Dealer can Accept Bids, or Withdraw the Offer.
Accepting The Offer
- On Accepting the Bid the Contact Details of the winning Bidding Dealer will display and the status will change to 'Provisionally Accepted'. The Bidding Dealer will receive a notification advising that their bid was successful.
- At this stage the Offer can still be resubmitted. This will create a new offer on the Appraisal and cancel the accepted bid.
Declining an Offer
- If an Offer has been accepted, the unsuccessful Bidding Dealers (due to either No Bid or Bid not accepted) will display with status 'Offer Declined'.
- If no Offer has been accepted, simple click 'Decline' and the status of the offer will display as "Offer Declined'
Withdrawing An Offer
- The Offer can be withdrawn at any time, even if previous bids have been accepted.
- If the Offer is Withdrawn the Group Offer section will no longer display in the Appraisal and will no longer be visible to Bidding Dealers. A notification is sent advising Bidding Dealers the offer has been withdrawn.
- If an Offer is Withdrawn and Re-offered then a 'History' section will display showing that bids were previously declined or not accepted, and the Bid Status will display as 'Offer Withdrawn'.