OPENN NEGOTIATION
TRANSPARENCY IN
REAL ESTATE
TRANSPARENCY IN
REAL ESTATE
Finally. Transparency In Real Estate
Less Guessing
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. Everything is totally transparent.
So you always know exactly where you stand and what you’re up against.
More Fairness
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.
Lots of Excitement
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.
How It Works?
This video gives an overview of the Openn Negotiation process.For more details, you can download our timeline brochure or talk to a Certified Open Negotiation Agent
Download A Brochure
Inverloch3996 | @realty are proud to be the regions first Certified Openn Negotiation Agents
Whether you are a buyer or a seller
The process is designed to work in everyone's favour
WHY OPENN NEGOTIATION?
Since launching in 2017, Openn Negotiation has grown quickly to become the leading auction and property sales platform in Australia, with over $8 billion in bids, more than 19,000 registered users and over $608m worth of property sold. Openn is independent which is another reason why, so many people love this revolutionary approach to buying and selling property.
Sellers
don’t need to wonder if they’re getting the best price possible for their home.
Buyers
don’t need to wonder if they should’ve offered more for a home they love.
The Openn Story
Redefining the real estate experience for everyone, by empowering the world with transparency..
Openn Negotiation began in the same way many other revolutionary innovations occur: through the need for a better way of doing things.
In 2016, our Founders, Technology Developer Peter Gibbons and leading Western Australian Real Estate agents, Peter Clements and Brad Glover, began to gather years of feedback from sellers, buyers and agents on the frustrations of the existing sales process.
With challenging Real Estate market conditions leaving homes on the market for 150+ days and general frustrations with property purchasing from all parties, our Founders were convinced the market was ready for a fresh and fairer way to sell real estate, that left everyone satisfied and confident in the sales process.
While technology is a large part of Openn Negotiation today, our initial goal was a much more analogue approach that focussed on finding an effective and transparent method of selling real estate, by encouraging healthy competition between buyers while ensuring sellers receive the best outcome - no matter what the market conditions are.
The end result was the development of Openn Negotiation; a new sales process that is managed by Agents and mirrors the best parts of Private Treaty, while encouraging the competitive tension of an Auction and ensuring maximum satisfaction from all parties.
In order to make this process run seamlessly the Openn Negotiation app was developed and today, Openn Negotiation has redefined the real estate experience for everyone by empowering the world with transparency. Buyers no longer wonder if they were paying too much or get frustrated with the regulations around private treaty and Sellers don’t lose sleep over the possibility of their best offer walking out the door.
By offering a clear bidding platform specifically designed to provide equal opportunities for all involved, Openn Negotiation has instead helped over 2000 sellers realise drastically reduced days on market, real time feedback for sellers, a wide buyer pool and avoids the possibility of under or over pricing a property.
Today, Openn Negotiation has sold over $583 million in property across Australia and has garnered over $7 billion in total bid value during all campaigns. Our continued success will come as a result of our team of support staff and engineers who problem solve every day with the purpose of giving everyone the best chance of achieving the best results.
Learn more about Openn Negotiation, plus see a live example of a final bidding stage!
What People Are Saying
Meet Lindsay and Kim - the buyers who became sellers!
Cyril’s Openn Negotiation experience as a seller
Michelle's Open Negotiation Experience As A Buyer
ABOUT INVERLOCH 3996 @ REALTY
A modern and forward thinking real estate agency bringing a fresh update to an industry that has been largely unchanged for several decades. The bricks and mortar model of agencies requiring a shopfront window is gone.
