How do I bid on a property?

Modified on: Fri, 13 Dec, 2019 at 9:48 AM


To take part in the Openn Negotiation process a buyer is required to place a starting price via the Openn App during the Campaign Bidding Stage

The Agent will then submit the buyers documentation to the Seller for approval, at which time a bidder becomes a Qualified Bidder

Following this process, a buyer can then improve on their bid at any time during the Campaign Bidding Stage by clicking the Improve Bid button. 

Once you have made your opening bid, you are under no obligation to make further bids.

  1. Sign up at www.openn.com.au or download the free Openn App via the App store or Google Play
  2. Input your pending bid. This doesn't have to be what you think the property is worth, you can start lower if you prefer
  3. Complete your terms for the owners consideration. These can include level of deposit, settlement date and any other terms that can be flexible. If the vendor agrees to your terms, your pending bid becomes a live bid and you'll be allocated your unique buyers paddle on the app. Most importantly you are now qualified and can't miss out on purchasing the property.



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