What is Open Negotiation?

It is a new way of buying & selling real estate, which combines the best aspects of an auction, a private treaty and an end date sale into one fair and open process.

Approved buyers (Eligible Bidder) compete for the property from the comfort of their own home using an app.  No longer is one kept in the dark during what can be a stressful time.  You will know exactly what is going on, allowing you to make a rational and clear decision without guess work or the intimidation you may experience during a public auction.

This innovative process will move the real estate industry forward into the digital age to join the many industries already embracing the digital revolution.

As a buyer, you will never miss out on a property because you did not know what to pay and you will have time to improve your offer without the pressure of public scrutiny.

As a seller, buyers must be approved. Thus you will know exactly how many serious buyers are competing and all buyers have the opportunity to outbid the current best offer.

What you need to do:

1. To become an Eligible Bidder, submit your terms and conditions to the vendor.  Your conditions may include finance clause, settlement date, deposit amount, etc..
2. Once accepted and signed, you will be asked to submit a Starting Bid through the Openn App.  This bid may be improved.
3. The highest bid sets the advertised price.
4. This process, known as the Campaign Bidding Stage, continues until a nominated date of the Final Bidding Stage.
5. If a submitted bid is at or above the Reserve Price, during the Campaign Bidding Stage, then the Final Bidding Stage may commence earlier.
6. During the Final Bidding Stage, all Eligible Bidders bid openly via the Openn App.  Each bid is given 2 minutes to be challenged.  The Highest Bidder is the last unchallenged bid.
7. If the bid is at or above the Reserve Price, then this becomes the Winning Bid, otherwise, the agent will negotiate with interested parties. You are not locked-in.  Unless your price is accepted and signed off by the seller, you can withdraw from the Open Negotiation at any time.

Would you like to know more?

Anthony Amir Eager shared a link to the group: Perth Game Room.
 12 mins ·
 

So... Who is buying it?

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Sinna Hashemi
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· 8 mins
Sinna Hashemi
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· 8 mins
Anthony Amir Eager
Anthony Amir Eager Offers ofer 3k, give him the $3001 offer you know you want to.
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· Reply · 7 mins
Sinna Hashemi
Sinna Hashemi Wink wink
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· 5 mins
Anthony Amir Eager
Anthony Amir Eager really tempted, but it kind of takes the fun out of collecting if you buy everything at once.
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· 5 mins
Luke Hesford
Luke Hesford Rather buy an everdrive haha
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· Reply · 4 mins
Anthony Amir Eager
Anthony Amir Eager Can't get into everdrives. Just feel fake.
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· Reply · 3 mins
Brenton Kollar
Brenton Kollar I would buy this but I still have 25 owing to Anthony Amir Eager for that FF he has sitting there :p.. geez i am slack
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· Reply · 3 mins
Anthony Amir Eager
Anthony Amir Eager hahaha, it's still there too. Just make sure it's picked up by 2032 cheers.
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· Reply · 3 mins
Sinna Hashemi
Sinna Hashemi Rather spend 3k on this lot than $1 to the other guy you know.
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· 2 mins
Anthony Amir Eager
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Anthony Amir Eager
Anthony Amir Eager Thats just plain mean.
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· Reply · 2 mins
Sinna Hashemi
Sinna Hashemi I can trade some fresh KFC for them =)
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· Reply · 1 min
Anthony Amir Eager
Anthony Amir Eager fresh kfc... now that's an oxymoron if ever I heard one.
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· Reply · 1 min
Brenton Kollar
Brenton Kollar The question is..is there 50 formula 1's in that lot?..
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· Reply · Just now
Anthony Amir Eager
Anthony Amir Eager Nah all unique
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Anthony Amir Eager
Anthony Amir Eager He said it was 16 shy of a complete collection.