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{{Infobox company
{{Infobox company
| name = Openn Negotiation
| name = Openn Negotiation
| logo =
| logo = Openn Negotiation Logo.jpg
| foundation = April 2017 in [[Perth]], [[Western Australia]]<ref name="SMHsafeashouse">{{cite web |title=Safe as houses: The West Australians disrupting the real estate game |url=https://www.smh.com.au/business/small-business/safe-as-houses-the-west-australians-disrupting-the-real-estate-game-20190117-p50rzr.html |website=The Sydney Morning Herald |access-date=4 February 2021}}</ref>
| foundation = April 2017 in [[Perth]], [[Western Australia]]<ref name="SMHsafeashouse">{{cite web |title=Safe as houses: The West Australians disrupting the real estate game |url=https://www.smh.com.au/business/small-business/safe-as-houses-the-west-australians-disrupting-the-real-estate-game-20190117-p50rzr.html |website=The Sydney Morning Herald |access-date=4 February 2021}}</ref>
| location = Perth, Western Australia [[Australia]]
| location = Perth, Western Australia [[Australia]]

Revision as of 06:56, 17 February 2021

Openn Negotiation
IndustryReal estate
FoundedApril 2017 in Perth, Western Australia[1]
HeadquartersPerth, Western Australia Australia
Area served
Australia and New Zealand [1][2]
Key people
Peter Gibbons, Chief Executive Officer[3][4]
Websitehttps://www.openn.com.au/



Openn Negotiation is an online property auction site.[5][6][7][8][9] It was launched in Australia in 2017[1][4] and has seen significant growth largely due to COVID-19 restrictions on traditional home inspections and on-site auctions.[5][3][4][10]

Openn Negotiation’s online bidding platform is transparent for buyers, sellers and agents.[1][9][4][11][2] Vetted buyers can view current and previous bids, the number of bidders and their bids, and how much time to the final bidding stage.[9][1][2] In just over three years of operation Openn Negotiation has sold $970 million worth of property in Australia.[2] In 2020 Openn Negotiation extended its operations to New Zealand.[2]

See also

References

  1. ^ a b c d e "Safe as houses: The West Australians disrupting the real estate game". The Sydney Morning Herald. Retrieved 4 February 2021.
  2. ^ a b c d e "Openn Negotiation has New Zealand covered top to bottom". The Real Estate Conversation. Retrieved 4 February 2021.
  3. ^ a b "Sam Neill: Actor sells Double Bay home via online auction". News.com.au. Retrieved 4 February 2021.
  4. ^ a b c d "Online auction platforms experience unprecedented growth". The Real Estate Conversation. Retrieved 4 February 2021.
  5. ^ a b "Coronavirus shifts consumer behaviour and helps some businesses boom". ABC News. Retrieved 4 February 2021.
  6. ^ "Competition heats up in Perth luxury market". The West Australian. Retrieved 4 February 2021.
  7. ^ "Commercial: CBD development site on Hunter Street with holding income". Newcastle Herald. Retrieved 4 February 2021.
  8. ^ "A beautiful Byron Bay property attracts more than 120,000 views in four days". The Daily Telegraph. Retrieved 4 February 2021.
  9. ^ a b c "Openn Negotiation offers simple auction platform for buyers". Online Marketplaces. Retrieved 4 February 2021.
  10. ^ "'Make Use of Technology': Auctions, Open Homes in Coronavirus Shut Down". The Urban Developer. Retrieved 4 February 2021.
  11. ^ "Online auctions: selling homes under a virtual hammer". Canstar. Retrieved 4 February 2021.