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, “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.

“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 made the actual sale that cracked the $1 billion mark.

“It feels great to have played a role in such a huge achievement,” he said.

“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.

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

“I think it will become the preferred selling and buying method in Australia in due course.”

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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.