The Openn platform can provide buyers with real-time feedback through their device on how much competition exists and where their price stands in the negotiation.
OTTAWA – Openn North America, a property technology company, is excited to announce its official launch in Canada, in partnership with the Canadian Real Estate Association. The partnership brings Openn’s ground-breaking offer management software, which adds transparency and confidence to the offer process, to Canadian homebuyers, sellers and real estate professionals through REALTOR.ca.
The Canadian Real Estate Association (CREA) is one of Canada’s largest single-industry associations which works on behalf of more than 160,000 realtors.
“As our first entry into Canada, we are thrilled to launch in partnership with CREA, to help Canadians navigate the challenges of the property transaction process through near real-time data tracking and feedback,” said Duncan Anderson, President of Openn NA. “Now, more than ever, we are seeing the significant impact and disadvantages that blind bidding creates due to lack of transparency throughout the entire bidding process. By partnering with CREA and leveraging their online platform, it marks an exciting step toward a more efficient and equitable real estate landscape.”
Through the partnership, Openn will be available to Realtor.ca users, bringing unparalleled visibility of data to buyers and sellers on participating property listings, while supporting agents in managing the end-to-end transaction process and client communications with greater ease. The platform offers the unique ability for buyers and sellers to track other offers in near real-time, optimizing the entire offer and acceptance process through greater equality and transparency.
The Openn and CREA partnership follows a successful pilot program in 2022 in select Canadian markets.
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