The Boston -based negotiating platform Final Offer announced the launch of his new Exclusive private entries (PX) function this week. The new platform will be available in all markets in which the final sacrifice is active.
The new function of Final Offer offers agents a new way of communicating with customers who are looking for unique entries. According to the company, PX agents allow “pre-market” and “off-market” properties with customers via a private channel. In addition to MLS listings, corresponding entries appear in the stored search channels of the customer. Sellers must give explicit permission to an agent to share their property privately.
Pre-market and off-market quotations have provided some controversy in the real estate sector. Some agents mention non-MLS announcements ‘pocket entries’. States allow agents to handle pocket entries in a legal way, but in 2020 the National Association of Realtors (NAR) forbade pocket entries with its Clear Cooperation Policy (CCP).
This was the reason for a lawsuit filed by Top agent network (Tan) who accused the competition to deliberately suppress the competition. Both parties, however, arranged this lawsuit this month.
Tim Quirk, co-founder and Chief Strategy Officer of Final Offer, said that the new function will help customers “test the market” before they use an MLS.
“This new feature gives real estate agents a unique opportunity to test the market, collect offers and make informed decisions about the next steps for their sellers, whether transactions are outside the market or market it with offers that are public Registered and visible to everyone, “says Quirk. In a prepared statement.
With the help of PX, agents can also negotiate live and have access to a ‘final offer’ button, similar to a ‘buy now’ button. Agents can also send these entries to a local MLS if necessary.
The unveiling of PX follows the earlier expansion of final sacrifice in North America. In July 2024, Final Offer acquired the North American activities of Open negotiation – Another negotiating platform and supply platform that was active in Canada.
Companies from the second centuryThe investment branch of Nar, selected the final bid for his REACH technology program in 2024 and Second Century Ventures announced a follow-up investment in the company this month. Since its foundation in January 2021, the company has collected almost $ 16 million in investments from Second Century and more than 100 real estate professionals.
Final Offer is currently active in 11 American states alongside Ontario and Alberta, Canada.
