Industry NewsNews Brief

Online offer, negotiation service expands to Atlanta

N-Play plans to be active in 10 markets this year

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N-Play, an online offer and negotiation service for residential real estate listings, has launched in Atlanta, the company announced last week. N-Play, which launched in Florida in 2008, lets homebuyers make nonbinding, anonymous offers on property listings. Agents using the service get an online offer management system that adds a "Make Your Offer" or "N-Play" button to each of their listings. Offers are nonbinding until both seller and buyer sign a purchase agreement as they normally would in a real estate transaction. Through that button, buyers can make their offers, see how they stack up next to other buyers in real time, get seller feedback on contingencies like closing costs, and sign up to get updates on the offers for particular properties.Raymond Morris, president of RE/MAX Greater Atlanta, said in a statement that N-Play provides transparency in the offer process "without jeopardizing anyone's position. We believe it will help our sellers sell mo...