Your agent uploads your property to the Openn Negotiation platform and any other browsing portals to begin the campaign.
Note: If your real estate agent is not certified, have them contact our team to get trained in as little as 48 hours as only trained agents can list on the Openn Negotiation platform.
Interested buyers will enter their pending price and submit their terms and conditions for the your consideration and approval.
Once you've signed the documentation, their pending price comes a live bid and they're qualified to participate in the Openn Negotiation.
Now you can sit back and watch the process unfold from your device in real time! You'll be able to see how long until the Final Bidding Stage begins and stay informed on how the campaign is progressing.
The Openn Negotiation process has two stages:
The Campaign Stage is from the time of listing until the Final Bidding Stage starts. This is when the agent is qualifying buyers, holding home opens and inspections. Only qualified buyers, approved by the Seller, can participate in the Final Bidding Stage. The Seller can choose to change the reserve price and the Final Bidding Stage date throughout the Campaign Bidding Stage.
It is a $550 (incl GST) fee to conducting an Openn Negotiation through the Openn Platform. This fee is paid for by the vendor under Vendor Paid Advertising..
If the property doesn't reach the reserve price and the Seller does not want to reduce the reserve, the property can pass in and the agent can begin to negotiate with any interested parties.
If the bid is above the reserve price, the property must be sold to the highest bidder at the completion of the Final Bidding Stage, on the agreed terms.
Openn Negotiation can be downloaded to your mobile device via the App Store or Google Play. Search for the app from your device, or click on the store links at the bottom of this page for more details.
Otherwise click on the button below to get registered.
Sign up here
Want to watch an Openn Negotiation
in real-time? Sign up today to find
a property available to Observe!
To get started, download the app via
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or use the button below.
Real Estate agents have to be
officially certified to use this system
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