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Discover how to have your best year in real estate by booking a chat with an Openn Negotiation expert.
Simply fill out the form below and we'll put you in touch.

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What is Openn Negotiation?

Openn Negotiation is the most advanced competitive purchasing platform in the world; combining the best parts of auction and private treaty.

 

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Better results in less time

Agents are winning more listings, more referrals and reducing their days on market - all whilst managing seller expectations with complete transparency.

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Take control of your future

To use the Openn Negotiation sales method you need to be "Openn Certified" book a chat with us today to find out when our next FREE introductory course is!

Book a meeting and get started with
Openn Negotiation today!

Openn in a nutshell

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Openn Negotiation is an online property purchasing platform designed to be transparent and fair for both buyers and sellers. Managed by professional real estate agents, it allows qualified buyers to openly negotiate on price with the advantage of knowing exactly how many real competing buyers there are and what's the price they have to beat.

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All Buyers a pre-contracted with their terms conditions (which can be flexible) are accepted and agreed to by the seller, with no cooling off period.

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An Openn Negotiation campaign usually lasts between 1 - 4 weeks, but properties can sell earlier if the seller chooses or if the reserve price is met early.

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Openn Negotiation also gives vendors the best chance of realising a great price - with proof that the under bidder wasn't willing to pay more.

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Less days on the market

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More positive referrals

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Know true buyer interest

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Better results for sellers

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Retain high fees

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Improves perception of agents

Have you ever seen a property sell like this?

Watch an Openn Negotiation and see the benefits for sellers

REIA's residential salesperson of the year reveals his secret formula

Welcome to transparency in real estate

How Openn Negotiation works

Discover the benefits of Openn and an explanation for buyers

FAQs

Does a buyer have to bid once they are registered?

To take part in the Openn Negotiation process a buyer is required to place an opening bid via the Openn App during the campaign stage. Should they wish to make a further bid in the Campaign Bidding Stage they simply do so by clicking the Improve Bid button. During the Final Bidding Stage they can bid simply by clicking the Make Bid button. Once they have made their opening bid they are under no obligation to make further bids.

What if a buyer pulls out?

As with any sales process, if the buyer does not wish to participate, they can pull out any time prior to having their offer accepted by the seller.

What if it doesn’t reach reserve price?

If it doesn’t reach the reserve price, then you have the right to negotiate with parties who have indicated interest in the property.

Can we change the reserve price?

Yes, the reserve price can be changed. It may be changed upward or downward during the Campaign Bidding Stage. During the Final Bidding Stage it can only be amended downward to ensure the legitimacy of the process is not compromised.

Who pays the $400 + GST and what do I get?

The $440 fee for conducting an Openn Negotiation through the Openn App is paid by the Vendor under Vendor Paid Advertising. This covers the cost of downloading the property onto the Openn Negotiation web portal, advertising the property on the Openn Negotiation web portal, and managing the sale through the Openn App. As the listing Agent you receive 400 complimentary Observer tokens, valued at $800. These can be sent to your database, particularly those who may be interested in buying the property, or those who have a similar property and might be considering selling.

Is it easy to get started with Openn Negotiation?

You won't be going in alone with Openn Negotiation. we provide training, webinars, marketing brochures, guides and dialogue templates to help you have your best year in real estate!