• Agent FAQ
  • Buyer FAQ
  • Seller FAQ

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 wis...

Read more

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....

Read more

What i f it doesn’t reach reserve ?

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

Read more

Do I have to bid once I am registered?

To take part in the Openn Negotiation process you need to place an opening bid via the Openn App during the campaign stage. Should you wish to make a ...

Read more

What if I want to pull out?

As with any sales process, if you decide you do not wish to participate, you can pull out any time prior to having your offer accepted by the seller. ...

Read more

What if it doesn’t reach reserve?

If it doesn’t reach the reserve price, the Agent has the right to negotiate with all registered parties who have indicated interest in the property....

Read more

Once the property reaches the reserve price and is in the final bidding stage are we obligated to take the highest bid regardless of whether it is a finance or cash offer?

Yes, you are required to take the highest bid no matter if it is finance or a cash offer. You cannot pick and choose as the Terms and Conditions of sa...

Read more

What if the technology breaks down?

Under the contract conditions , if the technology should break down for whatever reason then the Agent will cancel the Openn Negotiation and reschedul...

Read more

What if it doesn’t reach the reserve?

If it doesn’t reach the reserve price, your Agent will negotiate with those parties who have indicated interest in the property....

Read more