Opendoor

Opendoor is a home-selling service that provides a cash offer for a property entered by its address, allowing sellers to review the offer, fees, and net proceeds before choosing a closing date. The process covers the photo tour or agent visit, repairs and preparation, MLS listing, and resale, with an option to receive part of the payment upfront and the remainder once the home sells. The service also supports buying a home, mortgage services, and tracking a property's value.

Capabilities include the Cash Now, More Later payment structure, a home value estimator, a home sale calculator, mortgage services through Opendoor Home Loans LLC, and browsing homes for sale through the Opendoor app. Agents representing sellers can create a free, no-obligation cash offer for a client. The platform is available on the web and through a mobile app.

Opendoor serves homeowners selling a property, buyers browsing homes, and real estate agents working with seller clients. Requesting an offer and tracking a property's value are described as free and without obligation; mortgage eligibility and terms are subject to underwriting guidelines.