HOW TO MAKE AN OFFER OR CASH BID

As a registered user (or Member) of AssetFair™, you are allowed to make offers and cash bids on listed assets. When you locate an asset of your interest, you can bid on it by using the prompts on Asset Detail.

 

If you click on the Make an Offer tab, you are supposed to use one of your listed assets. If you do not have any active listings, you will be prompted to List New Asset. If you offer an asset of higher or lower Exchangeable Equity, the Make an Offer menu will provide options how to settle for the difference. The Make an Offer menu will allow you to make a part asset/part cash offer, or request part cash from the Owner. However, it will not allow you to bid all cash - for that purpose, use the Bid Cash tab.

When you make a Cash Bid, it will be compared to the Cash Reserve the owner has set for the listed asset. You will be prompted if your bid is below the Owner’s minimum required as Cash Reserve.

 

You can also contact the owner by using the Ask Owner a Question field.