#1Qopenn 8:094 < 11:057 The property may sell at any time openn 6 negotiation Bidders 24 Interested ผล Bidding Timeline Show less 4481 $1,037,000 Jun 02, 2021 10:38 AM (AEST) 7741 $1,037,000 Jun 01, 2021 6:25 PM (AEST) wo-Jun 02, 2021 7:27 AM (AEST) 2186 $1,030,000 May 28, 2021 11:51 AM (AEST) 9387 May 27,2021 10:38 AM (AEST) $1,020,000 openn 4743 $1,010,000 May 26, 2021 10:50 AM (AEST) Q HI 三 Dashboard Properties Search Messages More INVESTOR PRESENTATION March 2022#2DISCLAIMERS openn Important information and disclaimers Openn Negotiation Ltd (ACN 612 329 754) ("Openn" or "the Company"). Purpose of Document This document has been prepared by Openn Negotiation Ltd (ACN 612 329 754) ('Openn') for the sole purpose of providing high-level information of a general nature regarding Openn, its wholly-owned subsidiary, PP Valley Pty Ltd (ACN 612 338 477) trading as 'Openn Negotiation' ('Openn Negotiation'), the group business and Openn's securities. Indented Recipients This document provided personally and in confidence to a restricted number of recipients who are intended to be persons within Australia to whom securities may be offered and issued without the need for a prospectus or other disclosure document, being a person within one of the categories in section 708 of the Corporations Act 2001 (Cth). Persons who do not meet this requirement but who come into possession of this document should return it to Openn. Any forwarding, distribution or reproduction of this document (in whole or in part) is prohibited. Geographical Restrictions This document is not intended to be provided to any person in a jurisdiction outside of Australia unless specifically approved by Openn on a case-by-case basis. The distribution of this document outside of Australia may be restricted or regulated by foreign securities laws. Openn has not taken any action register or qualify this document with any governmental or regulatory body, either in or outside of Australia. Persons outside of Australia who come into possession of this document should return it to Openn. Not Investment Advice This document is not investment advice and should not be relied upon to make any investment decision. Nothing in this document is a recommendation to invest in Openn. Openn does not purport to give any financial or investment advice. Account has not been taken of the objectives, financial situation or needs of any recipient of this document. No Recommendation This document is not a recommendation to apply for or purchase any securities in Openn. Any decision to invest in Openn must be based on an investor's own circumstances, investigations, analysis and assessment of Openn's current and proposed operations and prospects. Further, due to its early stage of development, any investment in Openn should be considered speculative. Not Disclosure Document This document is not a prospectus, product disclosure statement or other regulated investment disclosure document. The level of disclosure in this document is less than in such disclosure documents. Accordingly, this document does not purport to contain all of the information that a prospective investor or their advisers may require to make an evaluation of Openn, its securities or its business activities. Not an Offer or Invitation This document does not make or contain any offer of securities, invitation to subscribe for securities, or any other offer to invest in Openn to any person. No money or other consideration is being solicited by this presentation. Specifically, it is not an offer, solicitation, nor a specific recommendation with respect to the subscription for, purchase, subscription or sale of any security, nor is it circulated to invite offers to purchase any security. It is for general information purposes only. Accuracy of Information Openn does not give any warranty, representation or assurance (express or implied) as to the accuracy, reliability, relevance or completeness of the information and material contained in this document. The information in this document may be in summary/abbreviated form. Nothing contained in this document is, or may be relied upon, as a promise, undertaking, representation or warranty, whether as to the past or the future. To the extent permitted by applicable law, Openn disclaims any responsibility for the accuracy or completeness of the information or material contained in this document, and excludes all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information or material in this document or of any error or omission in relation to the same. Forward-Looking Statements This document contains forward-looking statements which may be predictive in nature and incorporate an element of uncertainty or risk, such as 'intends', 'may', 'could', 'believes', 'estimates', 'targets' or 'expects'. These statements are based on an evaluation of current economic, financial and operating conditions, as well as assumptions regarding future events. There cannot be any assurance that such events will occur as anticipated, or at all, given that many of the events are outside Openn's control. The stated events may differ materially from the ultimate results or circumstances. Accordingly, Openn does not warrant or represent that the results, performance, outcomes or achievements expressed or implied by the forward-looking statements contained in this document will actually occur as and when stated, or at all. Further, other than as required by law, Openn may not update or revise any forward-looking statement if events subsequently occur or information subsequently becomes available that affects the original forward-looking statement. Professional Advice Recipients of this document should consider seeking appropriate professional financial, taxation, accounting, investment and/ or legal advice in relation to the document and all other information with respect to Openn, including evaluating its business, financial performance, securities and operations. Risks An investment in Openn, as with any investment, involves a degree of risk. Recipients should consider the risks carefully before making any investment decision. A key risks section is included at the end of the document. Exclusion of Implied Terms Openn excludes all terms, conditions, warranties or guarantees that are implied into this document by law, to the maximum extent possible. Proprietary Information and Copyright This document and the information it contains is proprietary to Openn. Openn holds the copyright in this document. Except as permitted under the Copyright Act 1968 (Cth), this document must not be reproduced, copied or distributed (whether in wholly or in part) without Openn's written permission. Benefit of Disclaimers To the extent permitted by law, the disclaimers and other provisions above are for the benefit of, and may be relied upon by, Openn and Openn Negotiation, as well as their respective directors, officers, employees, contractors, agents and advisors (as applicable). Date of Information The contents of this document have been prepared having regard to the information available at November 2020.#3OVERVIEW Qopen Openn offers innovative sales processes for real estate transactions, combining the ease of private treaty, the transparency of auction and cutting-edge technology to ensure the best possible sales outcome for sellers and buyers, facilitated by the Agent. OPENN SOLVES NUMEROUS INDUSTRY PROBLEMS Sub-optimal pricing outcomes Maximises competitive tension by allowing conditional and unconditional buyers to compete through transparent price discovery Q 5000 M2M 10 см HELP 3202 AIC V CURRENT BO Q О $380,000 " 02 08 3 3 a O 0 34 Stirling Street, Perth Western Australia 6000, Australia The public demand transparency Offers buyers and sellers a consistent and trustworthy process that provides proof of a property's market value CURRENT BID The final Bidding Stage has commenced $440,000 PLACE O nice to Q 01:01 COMPAMED Real estate transactions and data are fragmented Digitises and automates the transaction, creating unique depth of market data and efficiencies throughout the real estate journey 3#4COMPANY SNAPSHOT CAPITAL STRUCTURE ASX Code OPN SHAREHOLDER MIX as at 9 March 2022 Cash (as at 31 December 2021) $6.48M Top 20 Shareholders (as at 31 December 2021) 70.42% Share Price (as at 9 March 2022) $0.16 37% 41% Shares on Issue* 193,786,121 Employee Performance Rights** Unlisted Options*** 14,559,000 2,934,519 Market Capitalisation (undiluted as at 9 March 2022) $31.01m 13% 9% *76,521,315 securities escrowed until 21/07/23 **2,934,519 Lead Manager Options exercisable at $0.24, expiring 20/01/25 ***11,309,000 Class A performance rights, 3,250,000 Class B performance rights BOARD AND MANAGEMENT WAYNE ZEKULICH NON-EXECUTIVE CHAIRPERSON Directors & Founders Substantial Investors Institutional Investors Other Shareholders Qopen PETER GIBBONS MANAGING DIRECTOR, FOUNDER DUNCAN ANDERSON EXECUTIVE DIRECTOR, CHIEF TECHNOLOGY OFFICER DARREN BROMLEY EXECUTIVE DIRECTOR, COMPANY SECRETARY, CHIEF FINANCIAL OFFICER DANIELLE LEE NON-EXECUTIVE DIRECTOR SEAN ADOMEIT CHIEF EXECUTIVE OFFICER AU/NZ 4#5CORPORATE RESTRUCTURE Peter Gibbons Managing Director HIGHLIGHTS: Sean Adomeit is appointed CEO AU/NZ of Openn, New Zealand markets Sean Adomeit overseeing the Australian and CEO AU/NZ Darren Bromley CFO AU/NZ Duncan Anderson CTO • • Ex-Domain executive, James Fitzgerald, appointed to the senior team New organisational structure allows executive directors, Peter Gibbons and Duncan Anderson, to focus on Openn's North American launch James Fitzgerald General Manager, Product Marketing Biju Kalissery Architect Qopen USA OPERATIONS Duncan Anderson President North America Hamilton Colyer-Long General Manager Product Delivery Eric Bryant Director of Operations 5#6DELIVERING ON GROWTH TARGETS Prospectus goals - May 2021 INCREASE MARKET SHARE Achieved - February 2022 On track to beat initial target of 5% of Australian addressable market by June 2024 Rolling 12-month growth in uploads +104% 4,632 agents certified LEVERAGE PARTNERSHIPS ENHANCE TECHNOLOGY Announced partnerships with the Professionals, RE/MAX and extension with First National Partnership with CoreLogic including integration with onthehouse.com.au Works underway in progressing with data warehousing and analysis projects Qopen Private treaty product Openn Offers sustained demand at 30% of total uploads after fee introduction in Feb 22 Openn Tenders and Agent controlled customisable forms successfully launched Feb 22 New website and online learning management system launched Feb 22 INTERNATIONAL EXPANSION Patent accepted in USA Invited into REACH Canada Accelerator program, with investment from the National Association of Realtors venture arm, Second Century Ventures US pilot program Broker Agreements executed ahead of program launch 6#7100 200 33 73 UPLOADS 300 162 400 500 600 223 384 80L 142 76 January February March April 291 207 109 700 399 800 322 191 370 991 9LL May June MONTH/YEAR 105 200 GROWTH METRICS - UPLOADS 372 104 26 226 407 149 49 387 UPLOADS BY MONTH AND YEAR 184 353 167 218 July August September October 204 204 260 203 84 248 248 549 34 134 November December 7 20 290 633 741 2019 2020 2021 2022 Qopen#8UPLOADS 400 600 2,000 1,800 1,600 1,400 1,200 1,000 800 200 113 43 Q4 FY17 Q1 FY18 a Q2 FY18 129 115 156 193 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 GROWTH METRICS - UPLOADS 330 243 257 Q3 FY19 Q4 FY19 Q1 FY20 Q2 FY20 QUARTER / YEAR 420 Q3 FY20 511 491 Q4 FY20 Q1 FY21 UPLOADS AND USERS 557 628 Q2 FY21 Q3 FY21 Q4 FY21 642 Q1 FY22 836 Q2 FY22 100,000 90,000 1,664 80,000 70,000 1,289 1,149 60,000 50,000 40,000 30,000 20,000 10,000 USERS 8 Qopen#9SUCCESS TRACKER 25 median days on market for properties sold on Openn 22,000 qualified buyers 5,371 properties listed with Openn 22 median days on market for properties sold on Openn 52,000 registered users openn February 2021 $1.69 BILLION in sold property 41,000 bids pledged 3,285 Certified Openn agents so far 51,945 qualified buyers RI Qopen 10,577 properties listed with Openn 96,949 registered users openn February 2022 $4.49 BILLION in sold property 114,679 bids pledged 4,635 Certified Openn agents so far 9#10MARKET SIZE¹ THE AUSTRALIAN OPPORTUNITY TOTAL ADDRESSABLE MARKET, AUSTRALIA, 2019 = 431,422 homes sold p.a CURRENT > = 7,500 uploaded p.a. (Annualised 90-day trend) 1 Source: Average estimates based on Core Logic data GOAL 5% OF TAM = 21,570 uploaded p.a Qopen On track to beat initial target of 5% market share by June 2024. Year on year growth of 188% vs target of 71% Currently ~1.4% market share in Australia based on a seasonally adjusted analysis At 30% market share in certain regions such as greater Darwin 10#11OPENN UPLOADS BY STATE Q2 FY22 Tasmania, 2.52% New Zealand, 1.44% South Australia, 2.52% Australian Capital Territory, 0.18% Northern Territory, 6.91% Queensland, 11.36% Victoria, 19.89% New South Wales, 28.97% Qopen Western Australia, 26.20% 11#12KEY PARTNERS STRATEGIC PARTNERS RE/MAX ⭑Professionals first REAL ESTATE national CENTRAL REAL ESTATE PARTNERS ACCELERATOR Qopen DocuSign Mortgage Advice Bureau REACH ACCELERATING REAL ESTATE AUSTRALIA CLASS OF 2021 CoreLogic Movinghub. SMARTLAW lawlab REACH ACCELERATING REAL ESTATE CANADA CLASS OF 2022 CLIENT STRATEGY INCLUDES; Subscription/Upload fees (fee passed on to the vendor) PARTNERSHIP STRATEGY IS DESIGNED TO EITHER; Improve stickiness (eg. Docusign) Drive scale (eg. Agency incentives, portal integrations and data publishers) Drive revenue per transaction (eg. Lead generation commission from conveyancing, mortgages & insurance). THE REACH PROGRAM; Designed to accelerate top growth companies into the global real estate industry Created by Second Century Ventures and backed by the National Association of Realtors Total REACH Australia investment into Pre- IPO of AU$250,000 at AU$0.16 via placement Total REACH Canada investment US$300,000 at AU$0.20 via placement 12#13SOFTWARE INTEGRATION Qopen AGENTBOX ReNet rex a Reapit product openn X CRM'S VAULTRE eaglesoftware LockedOn The Openn platform integrates seamlessly with other systems using a secure, real time Application Programming Interface (API) Openn now integrated with all major CRM platforms used by agents, maximizing efficiency for agents in uploading data to the Openn platform Integrations with agency websites and marketplaces such as onthehouse improves end- user experience and increases exposure Best-in-class API will ensure smooth integration with Multiple Listing Services (MLS) in the USA and Canada, driving North American rollout MANTISPROPERTY zenu 13#14PRODUCT UPDATES Qopenn OPENN ACCESS Digital offers NEW NEW OPENN TENDER Receive offers, review terms and send contracts for digital signing through an intuitive and private interface. Add an "offer' button to your website Easily convert multiple buyers into competitive negotiation Finalise the sale with e-signature tool Online tender Transform your traditional process by accepting tenders by your set deadline digitally. Keep all offers discrete Include a Final Submission Date Integrate it with your website OPENN NEGOTIATION Online auction Unique online auction solution that pre-contracts buyers, allowing bids to be revealed publicly- culminating in an exciting final bidding stage. Full price transparency -including portals Flexible terms allowed No cooling off period OPENN OFFERS Online private treaty Competitive online private treaty solution with price transparency controlled by the agent - culminating in an optional final offer stage Accept preferred offer at any time (lower price with better terms) Reveal price transparency or rank offers Reveal conditional / unconditional status Qopen 14#15NORTH AMERICAN EXPANSION US Openn is expanding into the USA and Canada, starting with a targeted pilot program in Connecticut and Massachusetts Finalising go-to-market strategy to optimise revenue model and channels to market Clear market need for Openn's products: Canada's Liberal government has promised to introduce a Home Buyers' Bill of Rights that would "crack down on predatory speculators" by banning blind bidding What an end to blind bidding for real estate could look like | CBC News Study supports blind bids, some realtors favour transparency | CTV News 550,000 property sales p.a4 6.4 million property sales p.a¹ ~USD $830 billion annual commercial property sales² ~0.5 million land/rural sales p.a.³ Sources: () NAR (2) NAREIT (3) Reonomy (4) CREA - 2020 Data openn 15#16US RESIDENTIAL SALES SEGMENTATION • MLS A multiple listing service (MLS) is a database established by cooperating real estate brokers to exchange listings data between sales agents and buyers agents • 531 MLSs in the US (18 in Canada) Top 20 MLSs each have between 10,000 100,000 agents BROKERS In North America, there are typically multiple buyer's agents acting for buyers in a transaction, in addition to the seller's agent ⚫ There are ~86,000 residential . brokerages/franchises in the US • Top 1,000 represent ~50% market share by volume and top 100 represent >25% TOP 10 MLS's SUBSCRIBERS California Regional MLS 101,500 BrightMLS (MD) 90,900 StellarMLS (FL) 58,500 First MLS (GA) 45,670 Midwest RE Data (IL) 45,260 OneKeyMLS (NY) 43,000 MLSPIN (MA) 42,400 Arizona Regional MLS 40,937 North Texas RE Info Systems 40,630 REGION Geographic Salary Variables Qopen West $80,399 Midwest $73,694 Northeast $75,072 South $71,785 RESIDENTIAL SALES LTM Northeast 0.8 million Midwest 1.5 million South 2.8 million West Source: NAR 1.3 million 16#17US GO TO MARKET STRATEGY S Transparency Response to Department of Justice and bipartisan political pressure to end opaque industry practices • Millennials demanding the transparency that exists in other markets 5/6 Equality APA . • Human bias in real estate transactions is a major issue. Opaque process driving concerns that not all offers are presented Efficiency Growing regulatory scrutiny introducing risk and impacting productivity, particularly when multiple simultaneous offers involved Data • Consistent feedback confirming unique value proposition in Openn's depth of market data. MARKET PULL#18US GO TO MARKET STRATEGY Average real estate agent spends US$2K - $5k per year on PropTech solutions B PRICING SAAS model is dominant. Proven pricing strategy for large scale adoption Comparative solutions pricing range US$30 to US$100 per month per agent Pathway to monetise data is understood. Strategy designed for scale adoption to unlock this value#19US GO TO MARKET STRATEGY DE-RISKING MARKET ACCESS STREAM 1 Alignment with MLS Solves industry & political problems Market access incentives Viral effect STREAM 2 Speed of market penetration Generates broker leads Training revenue opportunity Subscription pricing & integrations to reduce friction#20US GO TO MARKET STRATEGY SCALE OF THE MARKET 2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 Australia NUMBER OF REAL ESTATE AGENTS Initial discussions with these MLS Other US Initial discussions with these MLS Other CA USA Canada Qopen 20 20#21US PILOT PROGRAM OPTIMAL CHANNELS TO MARKET openn COMPLETE US ROLL-OUT TIMETABLE Engineering work now complete on the initial US pilot release Appointment of Mr Eric Bryant as Director of Operations for Openn North America ESTABLISHING PARTNERSHIPS WITH KEY PARTICIPANTS IN THE TRANSACTION CYCLE: BUYERS + SELLERS TECHNOLOGY PROVIDERS Finalised legal framework for pilot states SELLERS AGENTS Binding agreements executed openn with brokerages for pilot program Launched US-specific platform environment MLS Finalise pricing methodology I • • BUYERS AGENTS • Discussions well progressed with a key provider to 7 MLS Assessing opportunities for alignment with other participants Discussions progressed with 2 major MLS Developing focused marketing strategy in pilot states Q12022 First pilot sales, starting with Connecticut and Massachusetts Integrations with key Multiple Listing Services Develop commercial roll-out plan Q2/Q3 2022 Commercial launch PARTNERSHIP AGREEMENTS EXECUTED Binding Letters of Intent with Century 21 All Points Realty in Connecticut and RE/MAX Revolution in Massachusetts. Each brokerage will allocate 4-10 realtors to train and test the Openn platform in their respective markets. Both brokerages will assist with commercialisation strategy and assist in raising market awareness of the platform. Initial term of 6 months - may be extended or closed early following a minimum trial of 60 days 21#22OTHER GROWTH INITIATIVES 1 • • New products Openn Access - manage and accept digital offers before deciding on launching either Openn Negotiation or Openn Offers Openn Tenders - tender process aimed primarily at commercial and rural real estate sales 3 Core data services In discussions to provide data and technology services to banks, developers and information vendors Order of magnitude ~$50/upload CAPTURES MARKET DATA 2 Collaborative arrangements Continuing to explore opportunities to establish collaboration arrangements to provide complementary services or referrals to banks, settlement agents, insurers, removalists and the like Sale price Qualified bidders 88 مم Bids Days on market Qopen CAPTURES BIDDING DATA $765,000 SOLD! $765,000 7361 (2020-10-17 03:25 PM) $762,000 8541 (2020-10-17 03:23 PM) $761,500 7361 (2020-10-17 03:21 PM) 9 $761,000 8541 (2020-10-17 03:20 PM) $760,000 7361 (2020-10-17 03:18 PM) $758,000 8510 26 $757,500 7361 $754,500 8510 (2020-10-17 03:17 PM) (2020-10-17 03:16 PM) (2020-10-17 03:15 PM) $754,000 7361 (2020-10-17 03:13 PM) 30 RESERVE MET $753,000 8541 (2020-10-17 03:08 PM) $745,000 Final bidding stage date 17-10-2020 03:00 PM 8510 (2020-10-17 03:05 PM) $737,000 7361 (2020-10-17 03:05 PM) $729,000 8510 (2020-10-17 03:04 PM) Final bidding stage duration 27:08 $721,000 7361 (2020-10-17 03:03 PM = $713,000 8510 (2020-10-17 03:02 PM) FINAL BIDDING STAGE STARTS Observers 35 $705,000 7361 (2020-10-17 02:40 PM = $688,000 4004 (2020-10-17 02:32 PM) $680,000 3343 (2020-10-17 01:57 PM) $671,000 8541 (2020-10-17 12:42 PM) $663,000 8510 (2020-10-15 06:31 PM) -- $655,000 4979 (2020-10-14 10:21 PM) Openn allows for the development of real time lead indicators as to market depth and direction. $647,000 4611 (2020-10-10 05:06 PM) $642,000 7361 (2020-10-09 02:16 PM) $632,000 4084 (2020-10-06 06:56 PM) $622,000 5944 (2020-10-04 06:47 PM) WO202-10151035 PM 0612,000 3296 (2020-09-20 12:27 PM) ↑ BIDDING STARTS 22 222#23THANK YOU FOR MORE INFORMATION: Peter Gibbons Managing Director T: 1800 667 366 [email protected] ASX WELCOMES Qopenn OPN 23 23#24IN SETTINGS ids Participants Messages Requests Power B (Showing 3 of 220) FOR SALE strong Street CURRENT BID $570,000 Head 6210, WA, Australia 12 House strator sta last updated Aug 17 2020 12:21 Participants 8 Observers 247 499 868 Bidders Observers open.com.au/app/dashboarde Type here to search Tab 0 19 Elders FOR SALE gateway FOR SALE 3.23 e * 69% CURREN NO < 2 Woonnar Street Carey Park 6230, WA, Austral Search Results Map 3974 results found 411 " 2 W 3 SLP FOR SALE 00 CURRENT BID $570,000 5 Armstrong Street Halls Head 6210, WA, Australia 3 2 2 House Show Al De Eagle a 400 OLD = Dashboard Properties Search Messages More T B O N M 0 ENG B Backspac APPENDICES openn Alt#25OPENN IN ACTION SOLD VIA Qopenn 47 Ocean Drive, Evans Head NSW 2473, Australia OPENN BIDDING TIMELINE SOLD! $3,685,000 7036 (2021-10-20 01:03 PM) $2,735,000 7036 (2021-10-20 01:00 PM) $2,710,000 4127 (2021-10-20 01:00 PM) $3,660,000 $3,635,000 $3,610,000 1633 7036 (2021-10-20 01:03 PM) (2021-10-20 01:03 PM) FINAL BIDDING STAGE STARTS $2,685,000 1633 (2021-10-20 12:59 PM) 1633 (2021-10-20 01:03 PM) $2,660,000 7036 (2021-10-20 12:46 PM) $3,585,000 7036 (2021-10-20 01:03 PM) $2,635,000 4127 (2021-10-20 12:40 PM) $3,560,000 1633 (2021-10-20 01:03 PM) $2,610,000 7036 (2021-10-20 12:39 PM) $3,460,000 7036 (2021-10-20 01:02 PM) $2,585,000 4127 (2021-10-20 12:39 PM) $3,435,000 $3,410,000 1633 (2021-10-20 01:02 PM) $2,560,000 1599 (2021-10-20 12:38 PM) 7036 (2021-10-20 01:02 PM) $2,535,000 7036 (2021-10-20 12:35 PM) $3,385,000 1633 (2021-10-20 01:02 PM) $2,510,000 1599 (2021-10-20 12:32 PM) $3,285,000 7036 (2021-10-20 01:01 PM) $2,485,000 7036 (2021-10-20 12:31 PM) RESERVE MET Sale price $3,685,000 $2,460,000 1599 (2021-10-20 12:31 PM) $3,260,000 1633 (2021-10-20 01:01 PM) $3,185,000 $2,435,000 7036 (2021-10-20 12:23 PM) 7036 (2021-10-20 01:01 PM) Qualified bidders 4 $3,160,000 4127 (2021-10-20 01:01 PM) $2,410,000 $2,385,000 1633 (2021-10-20 12:09 PM) 7036 (2021-10-19 04:54 PM) $3,135,000 1633 (2021-10-20 01:01 PM) Bids 42 $2,360,000 1599 (2021-10-19 02:49 PM) $3,035,000 4127 (2021-10-20 01:01 PM) Days on market 35 $3,010,000 1633 (2021-10-20 01:00 PM) $2,350,000 4127 (2021-10-19 12:27 PM) $2,250,000 1633 (2021-10-19 05:48 AM) $2,910,000 4127 (2021-10-20 01:00 PM) Final bidding stage date 20-10-2021 01:00 PM $2,150,000 4127 (2021-10-18 12:54 PM) $2,885,000 7036 (2021-10-20 01:00 PM) $2,860,000 $2,025,000 1633 (2021-10-16 08:27 AM) 4127 (2021-10-20 01:00 PM) Final bidding stage duration 00:08:46 $2,835,000 $2,000,000 4127 (2021-10-07 09:57 AM) 1633 (2021-10-20 01:00 PM) Observers 1 Your Certified Openn Agent is Brad Dicinoski Evans Head First National +61 0411858156 [email protected] firstnational Evans Head 88 Qualified bidders Bids WELCOME TO TRANSPARENCY IN REAL ESTATE BIDDING STARTS 4 42 h Days on market 35 Timezon [email protected] $3,685,000 SOLD Qopen 7036 7036 $3,285,000 RESERVE MET $2,710,000 4127 FINAL BIDDING STAGE $2,000,000 4127 BIDDING STARTS 25 25#26500 Q4 FY17 5 1,000 Q1 FY18 121 CERTIFIED AGENTS 1,500 Q2 FY18 223 Q3 FY18 299 Q4 FY18 Q1 FY19 2,000 2,500 669 860 3,000 3,500 1,146 Q3 FY19 1,205 Q2 FY19 Q4 FY19 QUARTER / YEAR Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 4,000 Q1 FY21 1,429 Q2 FY21 4,500 Q3 FY21 5,000 GROWTH METRICS - AGENTS NUMBER OF CERTIFIED AGENTS CUMULATIVE - QUARTERLY Q1 FY22 4087 Q4 FY21 Q2 FY22 26 4521 Qopen#2710,000 474 Q4 FY17 20,000 1,714 Q1 FY18 USERS REGISTERED 30,000 2689 Q2 FY18 3,533 Q3 FY18 40,000 Q4 FY18 4,958 50,000 6,779 Q1 FY19 60,000 8,937 Q2 FY19 70,000 10,926 Q3 FY19 Q4 FY19 13,722 QUARTER / YEAR Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 80,000 Q1 FY21 90,000 Q2 FY21 Q3 FY21 100,000 GROWTH METRICS - USERS NUMBER OF USERS REGISTERED CUMULATIVE-QUARTERLY Q1 FY22 77,388 Q4 FY21 Q2 FY22 27 27 90,497 Qopen#28$0 50 $100,000 Q4 FY17 $14,068 $200,000 Q1 FY18 $41,939 $300,000 Q2 FY18 $54,465 Q3 FY18 $28,914 Q4 FY18 $40,617 VALUE (,000) $400,000 Q1 FY19 $48,198 $500,000 Q2 FY19 $77,276 Q3 FY19 $58,866 Q4 FY19 QUARTER / YEAR Q1 FY20 Q2 FY20 Q3 FY20 $600,000 Q4 FY20 Q1 FY21 $700,000 Q2 FY21 Q3 FY21 GROWTH METRICS - VALUE OF PROPERTY SOLD $800,000 VALUE OF PROPERTIES SOLD Q1 FY22 $537,045 Q4 FY21 Q2 FY22 28 $740,337 Qopen#29RESERVE METRICS 24% OF PROPERTIES SOLD FOR MORE THAN $50K 12% $100k+ ABOVE RESERVE ABOVE SELLER EXPECTATIONS 45% $0 - $5k ABOVE RESERVE 12% $50k - 100k ABOVE RESERVE 13% %PROPERTIES SOLD AT RESERVE PRICE AND ABOVE USING OPENN NEGOTIATION $25k-$50k ABOVE RESERVE 4% 14% $5k - $10k $10k-$25k ABOVE RESERVE ABOVE RESERVE Source: Properties sold via Openn between October-December 2021 Qopen 29 29