REBid helps real estate agents manage offers from initial enquiry through to final contract execution.


REBid is an acronym for the real estate sales process:

  • Registration
  • Establish qualified buyers
  • Best offers
  • Invite seller to view
  • Decide to sell – or REBid

REBid can also mean “Real Estate bid”, or "bid again".

No, REBid is simply a tool that has been designed to be used by real estate agents.

No, REBid has been designed for ‘private treaty’ sales, but it combines some of the benefits of auctions, tenders and expressions of interest.

REBid’s transparency enables potential buyers to increase their offers when they can see that there are other offers higher than theirs, although they cannot see the amounts of the other offers – that’s one of the reasons why REBid is not an online auction.

That’s up to the agent and their professional judgement of the particular property, in consultation with the seller – REBid will be the most appropriate method of sale for some properties, but not all.

To use REBid, all that a real estate agent has to do is agree to REBid's terms and conditions in the Terms of Use agreement. There is no upfront charge for this, and the terms and conditions are all very simple and straightforward – things like complying with real estate and privacy laws, and any applicable real estate best practice codes of conduct.

Yes, there is a transaction cost per property that is charged to the agent when the REBid process is activated after the Registration stage (although there is no charge if the process does not proceed past Registration). The agent may in turn pass on that cost to the seller.

There are a number of reasons why buyers can have confidence in the integrity of the REBid sale process:

  • REBid is not an open or searchable platform, so the only people who can participate in a REBid sale are those who have been invited to register for that property by the agent.
  • All buyers must agree to the terms and conditions in REBid’s Terms of Use – including that they are a natural person, they are not the seller or acting for the seller, and that they are acting in good faith
  • All buyers provide their names, mobile numbers and email addresses when they register, so their identities can be verified; further, before they can submit a Best Offer, they must provide the full name(s) and address for the contract of sale, which is a legal document.
  • The only buyers who can submit a Best Offer are those who have been qualified by the real estate agent, which means that their contract conditions are acceptable to the vendor.
  • The REBid platform records the entire process, including every buyer and every offer, so it is independently auditable.
  • Real estate agents are bound by the law and by Real Estate Institutes’ codes of conduct, to prevent any illegal or unethical conduct.

Real Estate Agents

Don’t have an account?
Click here to register

Property Buyers

Log in using the username and password provided to you by the real estate agent