Understanding How Bid Offers Work

Created by Dwelling Blocks Support, Modified on Wed, 2 Sep at 9:12 AM by Dwelling Blocks Support

Bid offers are the most common kind of offer you will receive, and they put more work in front of you — including assignments you might not otherwise have seen.

Each invitation comes with a proposed fee and due date. You can accept it as it stands, reject it, or come back with conditions of your own.


Enable Bid Invitations


To receive bid opportunities:

  1. Go to Profile

  2. Find Allow Bid Offers

  3. Set it to Yes

  4. Save


If this setting is offyou will not receive bid invitations.


When You Receive Bid Invitation


You’ll receive an email or SMS notification when new opportunity is available.


Each invitation includes:

  • Assignment details

  • Proposed fee

  • Requested due date

  • response deadline


You must respond before the invitation time expires.


Your Response Options


You can respond in one of three ways:


1. Accept as Is

Accept the assignment using the proposed fee and due date.


2. Submit Bid

Request changes by submitting:

  • higher feeand/or

  • different due date

Example:
If you can complete the assignment with the original fee but need more time, you may request later due date while keeping the same fee.


3. Reject the assignment

Decline if the assignment is outside your coverage area, competency, or availability.


Bid Rules


To maintain fair compensation:

  • Bids cannot be lower than the proposed fee

  • Bids may be equal to or higher than the proposed fee


You may request higher fee for situations such as:

  • Complex properties

  • Rural or remote locations

  • Significant travel time

  • Access challenges


Bid Expiration

Each invitation has response window. The length of that window is set by the lender. Dwelling Blocks does not set it and cannot extend it.

If you do not respond before the deadline:

  • The invitation automatically expires

  • No action is required

Your account rating is not affected

Bidding may close early: The lender reserves the right to end the bidding process early at their discretion.

Check the bid offer history for more details.


What Happens After You Submit


Once the bidding period ends, the system selects vendor.


If You Are Selected

  • You will receive confirmation email and the assignment will then appear in your In Progress list.
  • If your bid included changes to the fee or due date, you will receive new offer with the updated terms that must be accepted before the assignment is finalized.


If you are not selected

No notification is sent. That silence can mean any of a few things:

  • The assignment went to another vendor.
  • The order was cancelled before anyone was assigned.
  • The lender ended the bidding early.

Check the bid offer history if you want to see details.



Why You Receive Invitations


Lenders do not send an assignment to everyone at once. The first offer goes to a very small group of vendors that match the assignment, which is why a quiet week is not necessarily a sign that anything is wrong with your profile.

Bid invitations are sent to vendors who match the assignment requirements, including:

  • License or certification level

  • Geographic competency

  • Property type experience

  • Historical quality and timeliness


If you have questions about bid invitations or your vendor profile, please contact support.





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