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Open House Group
Open House Group

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Real estate / Real Estate Technology Solutions


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Company at a Glance

Open House Group

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Overview
is published on the companyโ€™s web pages: www.openhouse.bg. On the Open House Group company web pages, text (information and articles) and multimedia (photos and videos) content may be published with links to other web pages/websites maintained by its partners.
In case Open House Group company publishes promotional texts of any of its partners, they will be clearly marked and their content and origin them will match the marketing policies and standards of the Open House Group company.
The publication of hyperlinks on the web page of Open House Group company may cause discrepancies in the dynamic structure of web pages. Any such discrepancies do not imply an unlawful or malicious intent on the part of Open House Group company.
Open House Group company does not guarantee the compatibility of the web page with websites of third parties, to or from which hyperlinks have been published. Neither Open House Group company, nor its team or affiliates are liable for any consequences, specific circumstances or damages, including damages from lost profits, caused by hyperlinks to or from the companyโ€™s web pages.
Open House Group company do not exercise any form of control over the web site to or from which hyperlinks are published. Open House Group company highly recommends that anyone leaving the companyโ€™s web pages to enter a site they do not control, should read the privacy policy of all web site they are advised to visit.
Information published by the company on its web pages is accurate, valid and reliable as at their date. Open House Group company reserves the right to periodically change published information, data, advertisement, catalogues, prices, published text and other information, and makes no representation as to their accuracy or completeness.
Open House Group company reserves the right to change, erase or enhance its web pages, their structure, design, content, and is not under obligation to notify users of any such change. Web pages of company should not be regarded as binding offers or invitations to buy.
Reserved rights
Open House Group company has exclusive right of the use of trademark, logotype and brand of the company. Any use or misappropriation of any element of design, sign, hyperlink, software code or for any use whatsoever by any third persons constitutes a breach of copyright rights and is subject to the legal consequences. Open House Group company has exclusive rights of the design and software code of its web pages.
Copy rights and database rights
Copyright notice of Open House Group company concerns all of the information published on its web pages โ€“ logos, buttons, text, design elements, videos, photographs and graphic images.
Copyright and database right of Open House Group company are protected under Bulgarian and European law and any attempt to copy, reproduce, publish or reference /through so called โ€˜flippingโ€™ of published content/ by any third persons constitutes a breach of copyright rights and is subject to the legal consequences.
General guidelines for using content of the Open House Group web page
1. Photos published on Company policy โ€ข Users should not make copies, download, copy, distribute, publish or reprint any photos or photos of third persons from the companyโ€™s web pages. Photos published on our partnersโ€™ web pages will not be the subject of this paragraph. User must seek written consent from the right holders of any photos which will be used, distributed or copied with a personal or commercial purpose.
2. Videos published on the web pages of company โ€ข Users are forbidden from making copies, downloading, copying, distributing, publishing or re-printing any videos or films published on our web pages, or other web pages, with or without a connection to Open House Group company. User must seek written consent from the right holders of any video material which will be used, distributed or copied with a personal or commercial purpose.
3. Articles published in the press section and on the blog of the company โ€ข Open House Group company publishes reviews, news, press releases, and thematic articles on its web pages. The articles published have the purpose to inform readers and should not be regarded as marketing material or advice to enter into agreements or purchase of any of the products or brands of the company.
Open House Group company forbids reproduction, copying, distribution, quoting or de-compilation, carrying out by third persons of all or part of the articles published on its web-pages.
This is valid for both text articles and articles including graphic images. Articles may not be copied without the written consent of Open House Group company, and if included in any printed media, they should be accompanied by a reference to the web-page of the author.
4. Copying, citing, reproducing or referencing parts of the marketing or advertising materials of the company, published on our website www.openhouse.bg is strictly forbidden without the written consent of Open House Group company.
Advertizing banners and graphic images
The Company makes available to its users its digital library of itsCompany makes available to its users its digital library of its own marketing and advertizing materials. Open House Group company forbids making copies, downloading or redistributing any artwork from the digital image library. For any copyright infringement, please visit our contact section.
Open House Group company reserves the right to assess and judge the assumed damage, as well as to demand penalties for the violation of any of the descriptions provided in this article of the General Terms of Use.
The usage of means of automated copying, hacking, bypassing access control or other activities that would violate the technical security of the companyโ€™s web pages are subject to the provisions of civil and criminal law shall not be allowed.
Cookies
Cookies are small digital files which are stored on your computer allowing us to identify a user who has been unfairly kept of the voting system or has attempted to cheat it;
Review of the signed in user ID profile;
Esure that the end user sees the popup message only once.
Having acknowledged each use of cookies on the web-pages, users should be aware that cookies are not used to collect personal data.
Open House Group company shall not transmit personal user data to other persons or organizations and no such shall be requested. The data on the web page are gathered for statistical purposes only. Every separate IP will not be used for identifying users and surfing behavior.
Open House Group company shall not collect or collate data without the consent of the website users and such shall not be used for any illegal purpose whatsoever. Users are not legally obliged to register and leave data on the companyโ€™s web page.
Open House Group company shall not be liable for any damages caused on the userโ€™s computer, also for the downloaded files and the consequences of the impact of viruses or malicious software, except such intentionally downloaded from their web pages.
Open House Group company reserves its right to monitor and analyze your use of the companyโ€™s web pages. The purpose of such monitor is to improve the performance and ensure the security of the web page.
Comments/interactions.
The company attaches great importance to your remarks related to our services. However, Open House Group company will amend or delete in full or by part any comments which claims discrimination, racism, hate speech, offenses, libel against ethinc, religious, sexual, political, religious convictions or opinions, and/or with a rude and insulting nature or undermining the reputation and financial interests of third parties.
Prohibition and nullity
No use whatsoever of any parts of the companyโ€™s web pages shall be allowed in any application for marketing, political and other commercial purposes, except within the express written consent of Open House Group company, and shall be met by legal prosecution. In case of any inaccuracy, inconsistency in the web page content, or violation of the General Terms and Conditions, please e-mail us at info@openhouse.bg.
Governing law.
This publication is governed by the Bulgarian Law in force. Any legal disputes arising herefrom shall be settled by the relevant Bulgarian court. If a clause in the present General Terms and Conditions is found to be void or unenforceable, this shall not affect the validity and enforceability of the General Terms and Conditions as a whole.
Changes of the current General Terms and Conditions Open House Group company reserves the
How to explain to a 10 year old kid about the company?
Open House Group

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What is special about the company?
Open House Group

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What the company's business model?
Open House Group

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Is AI a threat?
AI has the potential to pose material threats to a company like Open House Group, depending on the specific products and services it offers as well as its competitive landscape. Here are some considerations regarding substitution, disintermediation, and margin pressure:
1. Substitution: If Open House Group provides services or products that could be replicated or improved upon by AI, it may face substitution threats. For instance, if the company operates in sectors like real estate, AI can enhance property valuations, streamline transactions, or automate property management tasks. If competitors leverage AI more effectively, they may attract customers away from Open House Group by offering superior or more cost-effective solutions.
2. Disintermediation: AI could also lead to disintermediation, eliminating the need for intermediaries in certain transactions. If Open House Group acts as a middleman in any service, AI-powered platforms may connect buyers and sellers directly, thereby reducing the companyโ€™s role and revenue. For example, AI-driven real estate platforms can facilitate direct transactions between buyers and sellers without requiring an agent.
3. Margin Pressure: The use of AI can lead to margin pressure as competitors employing AI technologies may offer lower prices due to increased efficiency or reduced operational costs. If Open House Group cannot match these pricing strategies, it may face declining market share and profitability. Additionally, if AI reduces the overall demand for certain traditional services, it might force the company to lower its prices to remain competitive.
Overall, while AI can also create opportunities for innovation and improvement, Open House Group must be vigilant in monitoring AI advancements and strategically adapting its products and services to mitigate potential threats.
Sensitivity to interest rates
The sensitivity of Open House Groupโ€™s earnings, cash flow, and valuation to changes in interest rates can be analyzed through several key areas:
1. Earnings: Interest rates can directly impact consumer purchasing power and borrowing costs. If interest rates rise, mortgage costs for potential homebuyers also increase, which may lead to reduced demand for homes. This can negatively influence Open House Groupโ€™s revenue and ultimately its earnings. Conversely, lower interest rates may stimulate demand, leading to higher sales and improved earnings.
2. Cash Flow: Changes in interest rates can affect the companyโ€™s cost of financing. If Open House Group has variable-rate debt, an increase in interest rates might lead to higher interest expenses, reducing free cash flow. On the other hand, if the company can refinance at a lower rate, it might improve cash flow. Additionally, if the companyโ€™s clients face higher borrowing costs, it could lead to delays in transactions, affecting the timing and amount of cash inflow.
3. Valuation: Interest rates play a critical role in the discount rate used in valuation models, such as discounted cash flow (DCF). Higher interest rates typically lead to a higher discount rate, which can reduce the present value of future cash flows, resulting in a lower valuation for Open House Group. Conversely, lower interest rates can increase the valuation by reducing the discount rate applied to forecasted cash flows.
In summary, Open House Groupโ€™s earnings, cash flow, and overall valuation are quite sensitive to fluctuations in interest rates, affecting both operational performance and investment appeal. The degree of sensitivity can depend on the companyโ€™s debt structure, market conditions, and the broader economic environment.
Resilience to the future changes
Open House Group

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Interesting facts about the company
Open House Group

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