Top companies offer

Launched in 2014, Opendoor is considered a pioneering iBuying platform in the United States. It buys a home directly from sellers, and the company’s online process makes it easy to get an obligation-free quote within minutes.

Its quote depends on key factors such as details of your home, latest sales of recent nearby properties, and current market trends in your area. Special features and upgrades such as a refurbished kitchen can also increase your offer, especially if the photo is supported.

The final offer includes 5% fees, adjustments to the status of the home state, and third-party fees such as title and custody fees. After all deductions, the seller sees the estimated net gain, the final amount they will take home from the sale.

Opendoor purchased a home with various conditions, but factors such as short sale, unauthorized work or outdated materials may affect whether the company is willing and able to buy a home.

Location: Since its launch, Opendoor has grown rapidly. It currently operates in more than 50 markets in 25 states, and in addition, Washington, D.C. includes major metro areas such as Atlanta, Dallas-Worth, Denver, Las Vegas, Los Angeles, Nashville, Phoenix, Phoenix, Portland, Raleigh Duram, and Tampa.

Settlement Fees: Opendoor charges a service fee of 5% of the price of a home selling price, with an estimated closing cost of 1%. However, as an iBuyer, Opendoor is often closer to the market value of the property than traditional house slippers.

Since 2021, Opendoor has enjoyed quality customer service and transparent transactions, has been recognized by Better Business Bureau (BBB) and currently maintains an A+ rating. However, its Google business profile has a lower average score of 1.4 out of 5 stars, generated from more than 60 comments on Google.

Customer feedback mixed together. Some praised specific team members for gaining expert real estate knowledge and guidance throughout the sale, while others expressed concerns about low ball quotes, additional costs and unsolicited recommendations. The company also maintains its own review page, and customers often describe the sales process as smooth, straightforward and efficient.