Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

Purlin Enterprises' Final Offer Technology Patented as a Revolutionary Way to Buy and Sell Property


News provided by

Purlin

Oct 20, 2026, 10:52 ET

Share this article

Share toX

Share this article

Share toX

In the news release, Purlin Enterprises' Final Offer Technology Patented as a Revolutionary Way to Buy and Sell Property, issued 20-Oct-2026 by Purlin over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Final Offer's patented process brings transparency to the heart of the home sale, the offer negotiation, by capturing what sellers value beyond just price, maximizing their outcome while giving buyers real-time visibility into the market.

BOSTON, Oct. 20, 2026 /PRNewswire/ -- Final Offer, the consumer-facing offer negotiation marketplace, today announced that it has been granted U.S. Patent No. 12,718,284 for a process that makes the residential real estate market simpler, more efficient, and more transparent. The patented process captures what sellers actually value, assigns dollar values to the tradeoffs between competing offers, and matches that information to what buyers are prepared to offer, so buyers and sellers can find each other and reach agreement faster.

"Buying or selling a home is one of the biggest life decisions people make, and it happens in one of the least efficient markets there is. Our patented process gives buyers and sellers the information they need to find each other, and the confidence to act on it," said Giorgi Chigogidze, CEO of Purlin Enterprises.

The biggest purchase of your life, made in the dark

For most people, a home is the largest transaction they will ever make. Yet it is one of the few purchases still made with almost no visibility. In most other marketplaces, buyers and sellers can see prices, competing bids, and exactly what it takes to reach a deal. In real estate, seller signals to potential buyers are limited to only listing price while winning offers can compete on several additional term dimensions. Buyers don't know what they are competing against, or whether they could have won with a better total offer value. And neither side knows the price and terms that would actually get the deal done without rounds of back-and-forth.

The process connecting buyers and sellers compounds the problem. It is spread across disconnected systems, emails and phone calls, where information is filtered and delayed at every step. The result is a market where good matches and competition are missed, negotiations drag on, and both sides are left wondering whether they got the best outcome.

Capturing what sellers actually value

Price is only one of the things a seller cares about. One buyer may offer more money but need a long closing and a financing contingency. Another may offer less but pay cash, waive inspection and close in two weeks. In a traditional process, sellers weigh those tradeoffs on instinct only after offers are received, and buyers rarely know which terms would have made the difference.

Final Offer's patented process captures a seller's full set of preferences, including cash or cash-like offers, inspection and appraisal waivers, financing, closing timing and other terms, and the seller assigns each a dollar value. Every offer is then measured against those preferences as a single Total Offer Value, so a seller can see which offer is truly strongest, and a buyer can see exactly what it takes to compete.

The result shows up in the sale price: 56% of Final Offer transactions have sold above list price.

"We built Final Offer to bring transparency to the moment that matters most in a home sale, the offer negotiation. By putting a dollar value on what sellers care about beyond price, every offer can be compared on equal footing, and buyers know exactly what it takes to win," said Judd Hoffman, founder of Final Offer.

From match to deal, faster

Because the seller's price and preferences are stated up front, a deal doesn't have to wait on rounds of counteroffers. When a buyer meets the seller's price and preferences, Final Offer can execute the path to an accepted deal, subject to other bids and verification. That compresses a negotiation cycle that often takes days into a far shorter, clearer process, void of the emotional elements that often creep into the process . On Final Offer, listings go under contract with the best net result 12 days faster than they would traditionally.

Better for agents, on Final Offer and in Purlin B2B products

Today, agents spend significant time manually gathering offers, moving information between systems, and managing single-threaded rounds of back-and-forth with their clients. Running the negotiation through Final Offer brings offers, terms, and seller preferences together in one place, making the process easier to manage and typically shortening the time a property spends on the market. Agents spend less time coordinating paperwork and making phone calls, and more time advising their clients and getting deals to the closing table.

Agents see the difference in their own results. Among agents who have sold homes both through Final Offer and the traditional way, their Final Offer sales closed at 105.6% of list price, compared with 99.5%.

The same patented technology also underpins Purlin's B2B products.

A marketplace where buyers can actually engage

Final Offer gives buyers visibility beyond a single listing. Buyers can follow the homes and areas they care about, receive real-time alerts when offers are made, and see how competitive each market is before they act. Every buyer who participates adds to a clearer picture of demand, which in turn helps sellers set their price and terms with confidence. The more buyers and sellers participate, the more efficiently the market works for everyone in it.

That visibility also answers the questions buyers and sellers ask most often: Was my offer presented? Is there another offer? Did I leave money on the table? On Final Offer, offers are visible in real time, the terms that matter to the seller are stated openly, and every participant can see where the market stands. There is no black box.

Competition doesn't slow the deal down either. The median time to contract falls from 10 days to about 5 as offers increase.

Individual listings show the same pattern:

  • A home in Bethesda, Maryland, listed at $650,000 sold for $850,000 after drawing 37 offers, and went under contract in a week.
  • A home in Ridgefield, Connecticut, listed at $985,000 sold for $1,325,000 after drawing 17 offers, and went under contract in five days.

"Final Offer benefits every side of the transaction. Sellers get control, buyers get verified, real-time information when it matters most, and agents get a way to stand out and deliver an elevated buying and selling experience consumers crave. Having a platform that verifies what they're hearing from me is a game changer," said Andrew Riguzzi, EVP at Compass.

The patent, U.S. Patent No. 12,718,284, can be viewed here.

About Final Offer

Final Offer is the only offer negotiation marketplace in real estate built on a patented Total Offer Value process. Founded in 2021, Final Offer empowers agents and consumers with real-time offer visibility and verified terms to improve the home selling and buying process. Its patented process captures what sellers value beyond price and turns seller preferences and buyer terms into a clear Total Offer Value, helping buyers, sellers, and agents reach better decisions faster. Final Offer is part of Purlin Enterprises, Inc., and its technology also powers offer management within Purlin's B2B products. Learn more at finaloffer.com.

Correction: An earlier version of this release had the incorrect link to the PDF patent. This link has been updated.

SOURCE Purlin

21%

more press release views with 
Request a Demo

Modal title

Also from this source

FirstTeam® connects its entire technology ecosystem with Purlin's AI-powered operating model for real estate

FirstTeam® connects its entire technology ecosystem with Purlin's AI-powered operating model for real estate

FirstTeam® Real Estate, one of California's and the nation's leading independent real estate brokerages, today announced a joint partnership with...

More Releases From This Source

Explore

Computer & Electronics

Computer & Electronics

Artificial Intelligence

Artificial Intelligence

The Latest Artificial Intelligence News

The Latest Artificial Intelligence News

Computer Software

Computer Software

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Report Results
  • Amplify Content

About

  • About PR Newswire
  • About Cision
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2026 Cision US Inc.