Sharing some data on my transaction with Opendoor Just sold my house to Opendoor in mid April. Transaction is smooth. I have done some research online for a couple of months on selling to iBuyer vs the traditional way with a real estate agent. I decided to give Opendoor a try. I figured out if their offer is unreasonable, I can always go with the traditional way. Just want to share some data on my transaction. 1. The initial offer from Opendoor is $615,500. After the video walkthrough showing my property to Opendoor, the final offer is $615,600. At that time, the estimation from Zillow is $616,100 and Redfin is $612,245. Similar houses in my neighborhood also sold around this price range recently. So the Opendoor offer looks competitive. 2. Opendoor offer asked for 5% service charge which is comparable to 5% agent fee if I go with the traditional way with a real estate agent in my area. 3. Opendoor offer also asked for $6500 repair fee on my property. My initial reaction to the fee is high since I have new carpet, painting etc. But than comparing to the additional cost using the traditional way of selling, I have to pay for furniture staging cost (to sell faster) and cost of buyer request repair etc. My estimation is that this could be in the 4k-5k range. So Opendoor repair cost could be a bit higher. 4. The time taken to sell my property to Opendoor is faster (and predictable) than using the traditional way. In other words, I can collect the proceeds faster for my need. Overall, the Opendoor partner/agent and OSN escrow folks that I worked with are polite and professional.

Great experience!! Great experience. People to answer my questions every step of the way. Simple and no nonsense approach to selling your home.

The team at Opendoor was amazingly… The team at Opendoor was amazingly helpful and professional. When we search for our next house, we'll start with Opendoor.

Amazing company to work with. Hassle free. Fair pricing. Any questions I had, were promptly answered. Would work with them again 100%

Know your value Their offer was better than I expected. And they even added another $5k on top. However, with everything they take to close the deal, it came out to around 8% commission (roughly $39k) in total closing. They wanted $13k for "repairs" but wouldn't itemized what they deemed needing repaired. And $600 HVAC even though it's all less than 5 years old. Felt like nickle and diming. Update... I responded to Open Doors request for more information in regards to my review about our situation and they have not reached out to us in any form. Disappointing for sure.