Openn has entered into an agreement with US Multiple Listing Service (MLS) bridgeMLS, Inc., which serves the Northern California and Bay Area region. The online real estate platform will conduct a pilot program with bridgeMLS and its members to prepare for the launch of Openn Offers in the USA. The agreement is through the Company’s wholly owned subsidiary, Openn North America Inc. (Openn NA).
Duncan Anderson, Openn Executive Director/CTO and Openn NA President, said, “From the Pacific to the Atlantic coast, we now have broad exposure to diverse market environments across 5 concurrent pilots. The North American market is delivering a clear and consistent message that the real estate industry is ready for transparency. This is our first pilot on the American west coast, in one of its largest property markets. We are thrilled by the opportunity to partner with bridgeMLS to introduce Openn Offers to the Northern California and Bay Area marketplace.”
Eric Bryant, Openn NA Director of Operations said, “bridgeMLS is a partner that brings great value to the table in our pilot phase because of their cutting-edge attitude towards advancement of new technologies in their marketplaces. These types of partners are valued in the North American expansion.”
DaVina Lara, CEO of bridgeMLS, Inc. said, “Our team is always seeking opportunities to develop a strong relationship between agents and consumers. Openn provides a new opportunity to tighten that relationship through improved equality and transparency during the offer and acceptance process. Transparency is the backbone to trust and bridgeMLS looks forward to bringing the most transparent tool to our marketplace for both our agents and their clients.”
The pilot will operate for an initial period of up to 6 months, during which Openn NA and bridgeMLS will test and evaluate the potential market fit and demand for the Openn platform in Northern California.