Bids. Types of Bids. How to Accept Bids

To understand the bidding process and accept bids on Masterhand PRO, follow these steps:

1. Open the List of Published Projects: Access the list of published projects by clicking on “All Project Posted.”

2. Review Bids from Professionals:

3. Open the Project: Select a specific project and open it to view the details.

4. Explore Bids from Professionals: Scroll down to the bottom of the project page to find bids submitted by professionals.

5. Information in the Bid: Each bid provides information about the professional, including their location, rating, seniority on Masterhand PRO, and the number of completed projects.

6. Explore the Offer: On the right side of the bid, you will find details about the professional’s asking price, estimated time to complete the project, and the type of bid (Preliminary Quote or Final Bid).

7. Read the Bid Summary: Take the time to thoroughly read through the bid summary.

8. Types of Bids:

9. Preliminary Quote: This type of bid allows the client to offer a preliminary price. Only a Regular Deal is available for Preliminary Quote bids. If the client accepts a Preliminary Quote bid, they cannot proceed with a SafePay Deal. The final price and other conditions will be negotiated during the project’s execution. Payment is typically made directly to the professional (e.g., by cheque, cash, wire transfer, payment card). It is important to discuss the work and payment terms with the professional.

10. Final Bid: In a Final Bid, the payment amount and all other conditions are decided before the project begins. This type of bid allows for both Regular Deals and SafePay Deals. With a SafePay Deal, the professional receives payment (and a review) based on the quality of work and the agreed-upon terms. The client can request a Final Bid if they received a Preliminary Quote bid. The bid will have a special button “Get Final Bid”

The client can request a Final Bid if they received a Preliminary Quote bid. The bid will have a special button “Get Final Bid”

11. Requesting Final Bid: When the client requests a Final Bid, the professional receives a notification of the final price request. They can ask questions through the messenger before submitting the final bid. The professional needs to edit their bid, selecting the type of bid as Final Bid and updating the price. Once done, they send the bid again.

Client will get a notification that the bid is changes and they can either accept ot reject it. If they accept, then they have an option of choosing either SafePay Deal or Regular Deal.

12. Client’s Acceptance: The client receives a notification that the bid has been changed and can choose to either accept or reject it. If accepted, the client can opt for either a SafePay Deal or a Regular Deal.

13. Types of Deals: For more information on the different types of deals available, refer to the “Types of Deals” section [link]

By following these steps, you can effectively navigate the bidding process, review bids from professionals, and choose the most suitable bid for your project on Masterhand PRO