In an Openn Negotiation, buyers enter a starting price for a property on the Openn app and then submit their chosen terms, including settlement date, deposit and finance conditions, for the seller’s consideration. Once approved by the seller on the app, the buyers can see the current bid, how many bidders there are and exactly how long until the final bidding stage.

By pre-contracting buyers, the vendor knows up-front how many buyers are actually taking part in the process and what they’re willing to pay, providing invaluable information into how much market-demand exists for their property.

Properties often sell faster with Openn Negotiation – Cyril’s home sold in 24 days – and the vendor can track the real-time market value of their home every step of the way. Bidding on the platform can start from day one, and the process maximizes the number of buyers who are able to take part, by allowing buyers with flexible terms to participate and providing the ability to bid anywhere, anytime.

“We had three interested people. You’re not going to believe it, one of them was from London!” said Cyril, who was delighted by the process and quickly warmed up to what was a foreign concept for him at the beginning of his involvement.

Inverloch3996 @realty founder Leo Edwards says "Openn Negotiation is an online platform and app that provides you with transparency of price, so you can make informed property decisions. Being able to see exactly what other buyers are willing to pay gives you confidence in the value of the property and that your competition is real.

You can participate in the bidding from anywhere in the world, in complete privacy, and all you need is a device with an internet connection. We were one of the early adopters of this platform and have quietly achieved some amazing results for our home sellers using the platform that would never of been achieved using a traditional sales method"

Below are just some of the amazing results we've achieved for our happy home sellers

The biggest risk home sellers are facing currently, especially in Inverloch, Venus Bay & Cowes is their agent under - selling their home!

"The biggest risk home sellers are facing currently, especially in high demand suburbs such as Inverloch, Venus Bay and Cowes is their agent under-selling their home. Take the case study for Halford Street in Inverloch above. This older style Inverloch beach house was appraised by other agents for $650,000 - $675,000. The owner's dream price was $700,000. If we'd of followed the narrative and listed the property at $675,000 it would of likely sold the very next day, and seemed like a great result!

By marketing the property with stunning visuals from 3996 Studio and creating a bespoke digital marketing campaign for the property, we were able to create huge buzz around the listing and generate 127 enquiries, 19 inspections and 6 qualified bidders who went on to place 26 bids on the property and a final sale price of $804,500 in just 8 days!

In this example if the vendor had listed with a traditional high street agent they would of left an incredible $129,500 on the table!"

Residential Salesperson of the Year Award winner for 3 consecutive years Peter Clements talks about our record breaking strategies