Opendoor

Opendoor Highlights Expansion of Off-MLS Listings as Company Confronts Headwinds

Opendoor wrapped up 2024 with a mixed bag of financial results, reflecting the “persistent macro headwinds” of the housing market. At its fourth quarter and full year 2024 earnings call February 27, the report showed an increase in revenue, home acquisitions and net losses. The iBuyer brought in $ 1.1 billion, up 25% from 2023’s […]

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Opendoor Q4 Revenue, Homes Sold Plummet as CEO Looks to ‘Rescale Business’

Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, on Feb. 15 reported financial results for Q4 and full-year 2023. The numbers, like so many industry companies after the bruising year, were not good.  While the company earned $ 870 million in Q4 revenue, it was a 70% drop versus Q4 2022. A […]

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Consumers Can Now Accept Opendoor Cash Offers on Zillow in Select Markets

Consumers using Zillow in select markets can now add an Opendoor instant offer to their list of home-selling options while using the portal.   Both companies announced Wednesday that they launched their collaborative product allowing homeowners in Atlanta and Raleigh to request a cash offer from Opendoor and a market-price estimate to sell on the open… […]

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