The implication is that multiple buyers put in offers on the house, and someone placed a 3 million offer to make sure they were the winning one, or the vendor went back to the people who had put in offers and asked them to make a better one if they wanted to beat the other offers
The implication is that multiple buyers put in offers on the house, and someone placed a 3 million offer to make sure they were the winning one, or the vendor went back to the people who had put in offers and asked them to make a better one if they wanted to beat the other offers