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.
Buyers are able to participate once they’ve entered a starting price into the app and had their terms and conditions accepted by the seller. These can be more flexible and include things like settlement date, deposit amount and even finance conditions. This means more people can compete for the property.
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.