Our Success with Openn Negotiation



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Unlocking Real Estate Success with Openn Negotiation:
Our Journey at LJ Hooker Pemberton | Manjimup

At LJ Hooker Pemberton | Manjimup, we've been on an incredible journey, achieving remarkable success with Openn Negotiation, an innovative online auction method of selling real estate. Our recent endeavours have led to properties selling well beyond their reserve prices, with one remarkable sale boasting a staggering 67% increase. With over 115 online auctions under our belt, and a national ranking of 15 in 2022 for Digital Agents using Openn Negotiation, we have honed our expertise in this method of sale, helping numerous sellers secure their best possible prices. In this blog, we're thrilled to share our experiences and highlight the advantages of Openn Negotiation for both sellers and buyers.

Advantages for Sellers:

  1. Best Price in a Reasonable Time Frame:

   Openn Negotiation is your ticket to achieving the highest possible price for your property within a reasonable timeframe.

  1. Competition and Best Price:

   Our success stories underscore the fact that Openn Negotiation creates competition amongst buyers, which inevitably results in sellers securing the best possible price.

  1. Set Date for Final Bidding Stage:

   The process allows you to set a specific date for the final bidding stage, adding a sense of urgency that greatly benefits sellers (and buyers).

  1. Marketing Period Exposure:

   With a marketing period of 2 to 4 weeks, your property is exposed to the market for an optimal amount of time, ensuring you capture the interest of more potential buyers.

  1. Reserve Price Protection:

   Sellers can rest easy knowing their reserve price is protected. The property cannot sell until the bidding reaches or surpasses that critical level.

  1. Real-Time Monitoring:

   The excitement is palpable as sellers can watch the entire process unfold in real-time from the comfort of their own homes.


Advantages for Buyers:

  1. Transparency:

   Openn Negotiation offers an unparalleled level of transparency. There are no smoke and mirrors; buyers can clearly see where they need to be to secure the property. All Bidders need to have their terms and conditions approved by the Seller before their bid is published.

  1. Reserve Price Disclosure:

   The reserve price is unveiled when bidding reaches that pivotal threshold, providing buyers with a clear understanding that the property is on the market and it will sell!

  1. Convenience:

   The convenience of an online process is unbeatable. Buyers can place their bids at any time, 24/7, using their PC, phone, or tablet anywhere in the world!

  1. Electronic Signatures:

   Embrace the future with electronic signatures, which have eliminated the need for cumbersome paperwork and made the buying process smoother than ever. No more printing, scanning and emailing back.

  1. Clear View of Competition:

   With Openn Negotiation, buyers never have to worry about making their best offer without knowing what the other bids might be. Here, you can see all of the other bids clearly.

Conclusion:

In the world of real estate, Openn Negotiation is a game-changer, and our success at LJ Hooker Pemberton | Manjimup proves just that. We are an innovative Agency embracing new technologies just like Openn Negotiation. We've experienced firsthand the incredible advantages it offers to both sellers and buyers. We invite you to explore this innovative method for your next property transaction. If you want to learn more or discuss your specific needs, don't hesitate to contact us. Your best real estate experience starts here with LJ Hooker Pemberton | Manjimup and Openn Negotiation. What a great partnership!

Colin Wallbank, Licensee and Business Owner here at LJ Hooker Pemberton | Manjimup was ranked 15th nationally in 2022 for Digital Agents using Openn Negotiation. Colins commitment to helping clients achieve their real estate goals has been the driving force behind our success with Openn Negotiation.