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Understanding and enabling Offer Ranking

Offer Ranking is a powerful feature designed to help you collect and manage multiple offers for your private treaty campaigns, all in one place. It allows you to automatically rank offers and present them to vendors in a clear, easy-to-understand format that includes both prices and conditions.

Prefer to watch? Check out our video guide here.

 

How Does Offer Ranking Work?

Offer Ranking is enabled by default on all Private Treaty campaigns. As an agent or office admin, you have full control over what information prospective buyers can see. You can publish, update, or hide the ranking details at any time to suit your sales strategy.

You have three options to choose from when deciding what to share with buyers.

  1. Enable auto-ranking of offers This is the default setting. Offers are automatically ranked as they are submitted based on a clear hierarchy:

    • Offer Amount: The higher the offer, the higher the rank.
    • Number of Conditions: If two offers are for the same amount, the one with fewer conditions is ranked higher.
    • Date & Time Submitted: If both the amount and conditions are identical, the offer that was submitted first gets the higher rank.

  2. Display the leading offer When this option is selected, buyers who have submitted an offer will be able to see the dollar amount of the current highest offer. This helps foster competition and encourages buyers to increase their bids.

    2024_Realtair_Sell_Display leading offer

  3. Display the number of offers This option shows buyers how many other offers have been submitted for the property. You can also set a threshold, choosing to only display this information after a certain number of offers have been received (e.g., only show the count after 3 offers are in).

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