AI-powered iBuying platform that buys homes directly with algorithmic instant offers.

Description

Opendoor is the pioneer and leader in iBuying, using artificial intelligence to buy and sell homes directly while eliminating traditional complexity. Request an offer online by providing property information. The AI Pricing Model analyzes thousands of data points to generate a competitive offer within 24 hours. Accept the offer and choose a flexible closing date. No showings, repairs, or uncertainty. Opendoor buys directly, makes updates, and re-lists the property. Sellers save time and hassle. Fees are typically around 5%, comparable to agent commissions but with added certainty. Operating in 50+ US markets, it also offers the Opendoor Exclusives marketplace with Opendoor-owned properties. The buy-side is also innovative, featuring self-tours and a streamlined process. Backed by billions in funding, Opendoor is transforming real estate transactions. Machine learning constantly improves pricing accuracy for a mobile-first experience with transparency in pricing and process.