Tech platform Openn Negotiation has reached a major milestone of $1 billion property sales through their online auction site.
Launched in April 2017, Openn Negotiation is a real estate online sales platform that has been offering agents across Australia, and most recently New Zealand, a welcome alternative to traditional sales methods.
Managed online by real estate agents, the process combines aspects of Private Treaty, Auction, Expression of Interest and End Date Sale – into one transparent and easy to manage process.
“We’ve worked really hard developing and evolving our platform with some of the best agents in the country to make sure it helps them to excel," said Peter Gibbons, Managing Director of Openn Negotiation.
“Now, with even more uncertainty in the market, people are looking for processes they can trust and feel confident in.”
Murray Wellington from Wellington Barber Real Estate was responsible for the sale that tipped the platform over the $1 billion in sales and is thrilled to have contributed to the milestone.
Murray Wellington of Wellington-Barber and Openn Negotiation Agent Coach Ryan Norrish celebrate $1 billion sales for Openn Negotiation. Photo: Openn Negotiation
“It feels great to have played a role in such a huge achievement,” said Mr Wellington.
“I’ve actually branded part of my front office window with Openn Negotiation, which just goes to show how much I believe in the process.”
An early adopter of the process, Mr Wellington said Openn Negotiation is exactly what the industry needs both now, and into the future.
“The industry was crying out for a process that brought trust and transparency into real estate transactions and now we have it,” said Mr Wellington.
“I think it will become the preferred selling and buying method in Australia in due course.”
The rapid growth of the Openn Negotiation platform has been driven by the continued success of agents using the process, said Mr Gibbons.
“We thrive because the agents using Openn Negotiation succeed,” said Mr Gibbons.
“It’s always been our intention to support the industry and to help agents reach their own potential by solving some of their day-to-day hurdles.
“Our team is growing along with the sales; it’s an exciting thing to be a part of.”
This is a sponsored feature article.
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