Short sale bid process

[Michael O'Byrne]

I am currently working with a realtor to submit an offer on a short sale.  The realtor said that the bank is only considering one offer at a time, and that my bid won't be considered unless the offers submitted before mine are rejected.  Is this normally how it works with short sale bids?  The listing ads for the property on Zillow, etc., states that all bids need to be submitted by June 23.  That seems contrary to what the agent is telling me, but this is my first attempt at a short sale and I don't know how the asset managers process or evaluate these bids. 

Thanks for any guidance -