OPENDOOR TECHNOLOGIES INC (OPEN)

Company Profile

Opendoor Technologies, Inc. engages in the operation of buying, selling, and trading of residential properties online. The company is headquartered in Tempe, Arizona and currently employs 1,982 full-time employees. The company went IPO on 2020-12-18. By leveraging software, data science, product design and operations, the Company is building a technology platform for residential real estate that offers buyers and sellers a digital, on-demand experience. Its products include Sell to Opendoor, List with Opendoor and Opendoor Marketplace. Sell to Opendoor enables sellers to utilize its core product offering to sell their home directly to it, and it resells the home to a home buyer. By selling to Opendoor, homeowners can avoid the stress of open houses, home repair coordination, overlapping mortgages, and the uncertainty that can come with listing a home on the open market. Its capital-light marketplace offering connects home sellers with both institutional and retail buyers, facilitating transactions without Opendoor taking ownership of the home. Its listing product is available in 17 Opendoor markets.

Company Info

OPENDOOR TECHNOLOGIES INC

410 N. Scottsdale Road, Suite 1600

Tempe ARIZONA 85281

P: 14806186760

CEO: Eric Wu

Employees: 1982

Website: https://investor.opendoor.com/