Method and system for a bid management platform for facilitating property transactions

A computer-implemented method of facilitating a sale of property using a bid management platform, comprising:

• registering a seller terminal with the bid management platform;
• receiving, at the bid management platform, seller information comprising identification details of a property, a minimum offer price, and seller terms, wherein one of the seller terms comprises a selectable option;
• calculating, at the bid management platform, a first total offer value based on the minimum offer price and the seller terms;
• sending, from the bid management platform to the seller terminal, a seller agreement indicating that the property is to be sold if the bid management platform receives an offer to purchase the property that comprises a total offer value that meets or exceeds the first total offer value;
• creating, at the bid management platform, a listing comprising the identification details, the minimum offer price, and the seller terms;
• by the bid management platform, causing the listing to be displayed on a website;
• assigning, at the bid management platform, an option value to the selectable option, wherein the option value comprises a dollar amount or a percentage of an offer price;
• registering a plurality of buyer terminals with the bid management platform;
• receiving, at the bid management platform, a buying power amount associated with a first one of the plurality of buyer terminals before the first one of the plurality of terminals submits an offer;
• receiving, at the bid management platform from the first one of the plurality of buyer terminals, an offer to purchase the property, the offer comprising an offer price and a selection of the selectable option;
• calculating, at the bid management platform, a second total offer value based on the offer price and the option value of the selected option;
• by the bid management platform, starting an offer timer window when the second total offer value meets or exceeds the first total offer value;
• by the bid management platform, causing the offer to be displayed on the website;
• by the bid management platform, sending to the plurality of buyer terminals a notification indicating that an offer was received;
• upon expiration of the offer window timer, sending, from the bid management platform to the seller terminal, a sale notification comprising a winning offer, winning total offer value, and notification that the property is under agreement for sale;
• and
• updating the listing to identify the property as under agreement for sale.