Search for the property you want to buy and input your starting price. This doesn’t have to be your best price at this stage, depending on your strategy.
Next, you need to submit your terms & conditions for the owners consideration. The Real Estate Agent will help with the paperwork.
The agent will meet with the vendor to sign off on your terms & conditions. Once approved, the app and the agent will notify you to let you know you're now qualified.
Now you can't miss out if the final bidding stage is moved forward. That's why it is important to get qualified as soon as possible.
Now you're qualified, you'll see the countdown until the final bidding stage and the current highest bid.
You can improve your price in the lead up to the final bidding stage to try and knock other buyers out, depending on your strategy.
In the final bidding stage, every time another bid is made, the 2 minute clock will restart to give you enough time to decide whether to bid again.
All this, in the comfort of your own home.
The Openn Negotiation process has two stages:
Watch this video to see how it all works to
get the best result for everyone OR
To take part in the Openn Negotiation process you need to set an opening price and have your terms and conditions approved by the seller. Once qualified, the ball is in your court - you're in control of the price you offer.
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.
If it doesn’t reach the reserve price, the agent has the right to negotiate with any qualified buyers who have indicated interest in the property.
Openn Negotiation can be downloaded to your mobile device via the App Store or Google Play. Search for the mobile app from your mobile device, or click on the store links at the bottom of this page for more details.
Sign up here
Want to watch a negotiation without
commitment? Sign up today, even if
you’re not ready to buy, to watch a
real sale happen in real time.
Real Estate agents have to be
officially certified as an Openn
Agent to use this system. If you’re
looking for an approved agent,
we have them all here, so you can
choose the right person for you.
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