01 — SERVICES
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How We Help
Serca Realty's Exclusive Offer Platform
Broker? Auction? Tender? Serca Realty presents a way to combine the advantages of them all, with Openn Offers.
Start a Campaign See How It Works- First in Saskatchewan to allow several transparency options for Buyers, while allowing the Sellers to have broker support, knowledge and guidance during the transaction.
- Broker-backed complete management, flexibility and broker knowledge for the Seller and clarity, equality and broker informed opportunity for the Buyers.
- The only combination There are several advantages to the options out there and Serca is the only brokerage to offer a combination of all of them.
The platform
Broker, auction and tender — without the trade-offs
Serca Realty is proud to exclusively introduce the first offer transparency option for Sellers and Buyers combined with Broker services.
Auction
Auction Advantages:
- Drives a competitive environment.
- Provides an opportunity for buyers to plan and bid.
- Ensures transparency of price.
Auction Disadvantages:
- Far-out sale dates can increase costs and may not guarantee buyers’ continued interest.
- Relies on (hopefully) two buyers who generally aim to pay the least they can for land.
- Requires two or more interested parties for price bidding.
Tender
Tender Advantages:
- Confidentiality.
- Flexibility for Seller, not for Buyer.
- Seller can pick the Buyer.
Tender Disadvantages:
- Can put the Sellers land value in the hands of those who want to pay the least.
- Lack of specialization and knowledge in land sales allows Buyers to set the price.
- Limited number of Buyers and market reach.
Openn Offers
Advantages of Serca’s Openn Offers:
- Combines all auction advantages with the current broker process, while eliminating auction disadvantages.
- Transparency can provide a more competitive environment by allowing negotiation on terms and conditions as well as price.
- Multiple buyers, or potential buyers, can observe the campaign, attracting several offers.
- Sellers have the option to accept, counter, or pass over any offer that is presented.
*All Of these can be offered through Serca Realty’s Openn Offers.
Seller controls
Options include:
- Number of buyers and observers
- Highest offer (shows which offer is highest without showing price)
- Offer ranking (ranks the best offer)
- Offer value (shows the price)
- Unconditional offer
- Financing condition
- Deposit amount
- Closing date
- Listing agent’s comments
Any one or all the above can be turned on by the Seller for Buyers to see.
Inside the platform
A campaign, from first offer to sold
What each side gets
One platform, two parties, no one in the dark
Key Benefits for Sellers
Complete Management
Openn offers allows Sellers and Brokers to maintain management of their sale. Accept, counter, and negotiate during the offer process.
Transparency
Openn offers allows the Sellers to set transparency levels for Buyers to allow for the most successful deal to be made. Transparency can drive Buyer engagement to get not only a higher price but the best terms.
Flexibility
Openn offers allows Sellers the flexibility to negotiate terms, choose the Buyer, pick the most successful deal overall, and get the best price.
Broker Knowledge
Openn offers allows the Seller to lean on their Broker who has in depth knowledge and understanding of values and terms and the market. All other platforms sacrifice this critical relationship.
Key Benefits for Buyers
Transparency
Buyers, see where you stand with transparency during the offer process. Openn offers allows the Buyers to make their offers equally, with clarity and broker advice.
Ability to Negotiate
Buyers can negotiate on other terms and conditions outside of just offering the highest price and hoping you get it.
Broker Advice
Buyers can lean on Brokers for advice to negotiate terms outside of price alone to get the most successful result. This is not available with other selling options.
Clarity
Buyers can make their purchase with complete clarity on the whole deal. Clarity on price, terms and conditions, other interested parties, and get all this combined with Broker advice.
More Seller Benefits
- Combine the success of any selling process with this option.
- Maintain management throughout the whole process.
- Negotiate the most successful overall deal.
- Set transparency settings to achieve the most successful results.
- Have a professional, knowledgeable Broker to look to for advice and negotiation.
- Mitigate the risk of fewer Buyers due to far-out sale dates.
- Generate the most interest possible in the property.
- Accept, counter, or negotiate at will during the offer process.
- No commitment to any offer; if not happy with an offer, do not accept it.
More Buyer Benefits
- Full knowledge of how much interest there is in the property.
- Stay informed with live updates on where you stand during the process.
- Make a fully educated, transparent decision on the purchase.
- Negotiate other terms, not just bid the highest to hope you get the deal.
- Learn the Seller’s most favorable terms and conditions and compare them to other Buyers.
- Remain anonymous to other Buyers.
- Have a Broker to lean on for advice and information.
- Make the purchase with total clarity.
Why it works
Serca Realty’s Openn Offers provides several advantages to consider:
1
Transparency
Openn Offers allows offers to be made visible to all parties, promoting transparency, equal opportunity, Buyer engagement and fair competition.
2
Complete Management
Openn Offers allows Sellers to never lose the ability to manage their sale. Sellers are in the drivers seat.
3
Real-Time Updates
Openn Offers provides real-time updates to Buyers and Sellers, and their Brokers, keeping everyone informed throughout the process.
4
Flexibility
Openn Offers allows Sellers to accept any offer at any time, negotiate any offer based on terms and price that best suit the Seller and Buyer.
5
Efficiency
Openn Offers digital nature can speed up the negotiation and sale process. Transparency can also contribute to efficiently getting a deal done.
6
Buyer Engagement
Openn Offers engages buyers through an interactive platform, potentially increasing activity and competition. Allows Brokers to advise Buyers to encourage more or better offers.
7
Successful Results
Openn Offers brings both parties together for the most successful results.
Side by side
Serca Realty’s Openn Offers vs. Auction
Key Differences:
Management: Openn offers allows the Seller the ability to manage and to negotiate terms and conditions outside of price alone, while auctions have pre-set terms and rely on two bidders showing up to bid.
Transparency: While traditional auctions are price transparent, Openn Offers allows for transparency of several key aspects of each offer, vs just price.
Flexibility: Openn Offers provides more flexibility in terms and conditions, whereas traditional auctions follow a more rigid structure. Openn Offers allows Sellers total control to negotiate successful terms and conditions outside of only price.
Broker Knowledge: Openn Offers is an option that can be combined with the benefit of having a professional and knowledgeable Broker negotiate for the most successful deal.
Auction Disadvantages:
- Far-out sale dates can increase costs and may not guarantee buyers’ continued interest.
- Relies on (hopefully) two buyers who generally aim to pay the least they can for land.
- Requires two or more interested parties for price bidding.
- Non-reserve bids might not sell for the desired value, regardless of the base market price.
- Reserve bids might not be met, but fees are still due.
- Lack of negotiation on terms and conditions can leave the most successful deals on the table.
- Uncertainty of successful results when the only driving factor is price.
- Uncertainty of true market value without market knowledge or broker insight.
Advantages of Serca’s Openn Offers:
- Combines all auction advantages with the current broker process, while eliminating auction disadvantages.
- Transparency can provide a more competitive environment by allowing negotiation on terms and conditions as well as price.
- Multiple buyers, or potential buyers, can observe the campaign, attracting several offers.
- Allows negotiation for the most successful deal while displaying price and offer ranking, among other transparency settings.
- Flexibility to set a deadline for offers or deal with offers as they come in, both having their advantages.
- Buyers represented by Brokers can feel confident in their purchase, not just offer based on price alone.
- Sellers have the option to accept, counter, or pass over any offer that is presented.
Auction Advantages:
- Drives a competitive environment.
- Provides an opportunity for buyers to plan and bid.
- Ensures transparency of price.
*All Of these can be offered through Serca Realty’s Openn Offers.
Serca Realty’s Openn Offers vs. Private Sale/Tender
Key Differences:
Transparency: Openn Offers allows Buyers to see more information during the process to give them confidence they are getting a fair chance at buying the land.
Broker Knowledge: Openn Offers can be combined with the current broker process ensuring the most successful results for both the Seller and the Buyer. Brokers can give key insight into the negotiation and market that brings value to the deal.
Tender Disadvantages:
- Can put the Sellers land value in the hands of those who want to pay the least.
- Lack of specialization and knowledge in land sales allows Buyers to set the price.
- Limited number of Buyers and market reach.
- Buyers dislike the uncertainty of the outcome.
- Buyers may not trust they get a fair chance, potentially leaving money or favorable terms on the table for both parties.
- Only one chance to offer.
- Lack of current market knowledge that comes with a qualified Broker. There are many critical factors to land prices/sales that require active and specific knowledge.
Advantages of Serca’s Openn Offers:
- Combines all tender advantages with the current broker process, while eliminating tender disadvantages.
- Transparency can provide a more competitive environment by allowing negotiation on terms and conditions as well as price.
- Multiple buyers, or potential buyers, can observe the campaign, attracting several offers.
- Allows negotiation for the most successful deal while displaying price and offer ranking, among other transparency settings.
- Flexibility to set a deadline for offers, or deal with offers as they come in, both having their advantages.
- Buyers represented by Brokers can feel confident in their purchase, instead of being uncertain.
- Sellers have the option to accept, counter, or pass over any offer that is presented.
- Buyers have a lot more confidence in the purchase process when they have full clarity during the negotiations.
Tender Advantages:
- Confidentiality.
- Flexibility for Seller, not for Buyer.
- Lawyers ensure proper paperwork is in place.
- Seller can pick the Buyer.
*All of these can be offered through Serca Realty’s Openn Offers.
“Farming’s in our DNA”
Who runs it
We are Serca.
The way we see it – when you’re working in farm realty you need to know more than just cost per acre. You’ve got to know what has gone into the soil. The blood sweat and tears that worked it. The generations that have built it. The motivations behind the sale.
We get you, because we are you. We’re your neighbours down the road.
Industry Perspectives from Serca Realty
Is there still bargain farmland in SK?
Read Article
Learn about the future of buying and selling farmland.
Read Article02 — SELLING
We offer tailored selling options for your farm or land. Driven by expert agents, deep connections, and cutting-edge offer technology for unmatched results.
Selling Options03 — CONTACT
Ready to begin? We invite you to schedule a consultation with our expert team today.
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