Headquarters: San Francisco, CA, United States
Founded: March 2014
CEO: Mr. Eric Chung Wei Wu
USD as of April 1, 2022
Opendoor Technologies Inc. is a real estate company that purchases homes thanks to an online process, makes repairs, and resells them. Providing instant cash payments to home sellers after they go through an online estimation and walkthrough video, Opendoor provides a simpler and faster-selling experience that has helped it grow quickly to more than 27 markets across the U.S.
Opendoor Technologies Inc. operates a digital platform for residential real estate in the United States. The company's platform enables consumers to buy and sell a home online. It also provides title insurance and escrow services. Opendoor Technologies Inc. was incorporated in 2013 and is based in Tempe, Arizona.
Opendoor Technologies Inc is an online company for transacting in residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US.
Source: Wikipedia, retrieved on March 31, 2022, 9:02 p.m.
Founder(s): Keith Rabois, Eric Wu, Ian Wong, J D Ross
Revenue: US$8.0 Billion (Fiscal Year Ended 31 December 2021)
Operating income: –US$568 Million (Fiscal Year Ended 31 December 2021)
Net income: –US$662 Million (Fiscal Year Ended 31 December 2021)
Total assets: US$9.506 Billion (Fiscal Year Ended 31 December 2021)
Total equity: US$2.248 Billion (Fiscal Year Ended 31 December 2021)