PHOTO: Openn Negotiation
Launched two years ago, online auction platform Openn Negotiation has wasted no time making its mark on the property sector.
Responsible for $447 million of property sold in Australia, 1654 properties listed, 9495 bids pledged, 14,000 registered users, 4547 qualified buyers and $6.2 billion in total bidding value since its launch, the app facilitates a unique bidding process.
It invites buyers who are pre-contracted and approved by the seller to openly negotiate on price, with the advantage of knowing exactly how many competing buyers there are
“We partner with real estate agents,” Openn Negotiation Managing Director Peter Gibbons told West Real Estate.
“The Openn Negotiation technology provides a method and sale process which the general public can trust. This is because Openn Negotiation is independent and does not take or receive any portion of the agent’s commission.
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