What is it and what exactly is the difference with the Amsterdam bidding system?
In our region (Zuid-Kennemerland), the Amsterdam bidding system is most common. Before the crisis, this was mostly the Haarlem bidding system. We explain the operation of this Haarlem bidding system by means of an example:
You go to view a property and think it’s totally awesome. You are told by the selling broker that there is already an offer. The party that submitted this bid has a number one position.
Please note that this is only if it was a serious offer and acknowledged so by the selling broker. For you, this means that if you want the property, you can make a one-time final offer. Whatever does.
A few more viewers are also making final bids. The selling broker will now discuss all bids with his client (the seller). Then the first bidder receives a final offer of sale. If he accepts it, then he has bought the property. If he does not respond, the seller is free to choose 1 of the other bidders to sell his property to.
The big difference with the Amsterdam bidding system is:
- In the Amsterdam bidding system, in the last round the buyer an extreme purchase proposal to the seller. In the Haarlems bidding system, the seller an extreme sales proposal to the prospective buyer.
- In the Amsterdam bidding system, in the last round the buyer makes an ultimate purchase proposal to the seller. In the Haarlem bidding system, the seller makes a final sale proposal to the prospective buyer.