Transparency in Real Estate with Openn Negotiation
In 2020 our clients are more and more online based and as such a new negotiating tool has been implemented by First National Rayner in the form of an online Auction system called Openn Negotiation.
“Openn Negotiation was developed to deliver great results by making the process of buying and selling fair for all” says Peter Gibbons co founder of Openn Negotiation.
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. So you always know where you stand and what you’re up against.
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 buyers 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.
Whether you’re a buyer, seller or real estate agent, the process is designed to work in everyone’s favour.
Don’t need to wonder if they’re getting the best price possible for their home.
Don’t need o wonder if they should have offered more for a home they love.
Don’t need to wonder if they are selling properties for the right price, in the right amount of time.
For more information contact our office 5366 3600.