Is a NVM broker allowed to change the system of sales during the negotiations?14 January 2019
Yes, that is allowed. Sometimes there are so many interested parties who offer or approach the asking price, that it is difficult to determine who is the best buyer. At that time, the seller – on the advice of his broker – can decide to change the bidding procedure in, for example, a registration procedure.
In this procedure, all bidders are given an equal chance to make a bid. Of course, the broker must first fulfill any commitments or agreements previously made before the procedure is changed.