What is Openn Negotiation?
Managed by certified real estate agents, Openn Negotiation is basically an online auction process, that allows qualified buyers to openly negotiate on price - with the advantage of knowing exactly how many real competing buyers there are.
So you always know where you stand and what you’re up against.
How does it work?
Once qualified, buyers can start bidding from day one and all bids are visible - even if it is below the seller’s reserve price. Seller’s can approve buyers with flexible terms to bid in the auction, meaning there’s more chance the sale price will reach its full potential.
Openn Negotiation is the fairest way to buy and sell. With price transparency, a defined campaign period and a sophisticated buyer qualification process - you can be confident in your choices throughout your property journey and participate from anywhere in the world.
The final bidding stage has all the excitement of a real life auction except you're able to do it from a place you choose, meaning there's less pressure.
The best part is, once a buyer’s terms are accepted, there’s no way they can miss out on a chance to purchase the property. The final bidding stage countdown clock resets with every new bid, so there’s always time to improve your own price.
Find out more information on how to bid using Openn Negotiation below