Opendoor

About

Opendoor is a U.S.-based real estate company that directly purchases homes from sellers using an automated valuation model (AVM) powered by machine learning. This “iBuying” process provides homeowners with a quick, all-cash offer and allows them to bypass traditional listing and showing processes, targeting sellers prioritizing speed and convenience over potentially maximizing sale price. Opendoor generates revenue through reselling the purchased properties, functioning as a real estate intermediary leveraging AI to streamline transactions.

Focus Areas

Technology Focus