Openn Negotiation

Thursday 15 Oct 2020

Openn Negotiation is a new and simple online platform for buying and selling real estate, via a bidding process designed to be transparent for both buyers and sellers.
Openn Negotiation is conducted entirely online, where pre-approved buyers can start bidding from day one. The leading bid can be shown on all real estate advertising portals.

The sales process is very flexible as vendors can choose to allow buyers with conditions to participate and bring the final bidding stage forward to sell the property quickly.
The entire process, including the signing of all documentation, can be operated on a smart device from anywhere in the world.  All bids are binding, so once the hammer has fallen, the auctioneer has the authority to sign the final contract and complete the sale.

The Openn Negotiation platform method ensures that a ceiling is not placed on the property's potential value and creates an air of competition between interested parties during the set sale period.  Buyers can make conditional bids, eg finance and building and pest clauses, and see their and other offers in real time on an online bidding platform. Bids can be increased until the reserve is met and then the property will be sold to the highest bidder.
Call our sales team today if you are considering your options and would like to know more about the benefits of this process.