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Openn Negotiation hits $1b in property sales

Openn Negotiation, the online sales platform, has just celebrated $1 billion in property sales, since its April 2017 launch.

The platform combines aspects of auction, expressions of interest, private treaty and end date sales into a one stop shop for realtors.

Peter Gibbons, Managing Director of Openn Negotiation, said, โ€œWeโ€™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.

โ€œNow, with even more uncertainty in the market, people are looking for processes they can trust and feel confident in.โ€

Murray Wellington from Wellington Barber Real Estate made the actual sale that cracked the $1 billion mark.

โ€œIt feels great to have played a role in such a huge achievement,โ€ he said.

โ€œIโ€™ve actually branded part of my front office window with Openn Negotiation, which just goes to show how much I believe in the process.

โ€œThe industry was crying out for a process that brought trust and transparency into real estate transactions and now we have it.

โ€œI think it will become the preferred selling and buying method in Australia in due course.โ€

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Nathan Jolly

Nathan Jolly was an in-house journalist with Elite Agent. He worked with the company from July 2020 to December 2020.