Doris
GBThe whole process with Opendoor was…smoothe and seamless The whole process with Opendoor was smoothe and seamless. The dashboard and email communication keeps you informed of the whole process so nothing falls through the cracks! The most complicated for me was the video of the home and outside with the phone as I don't do this on a regular basis. Best and quickest closing I've had in my entire life! Highly recommend the Opendoor process.
customer
GBSharing some data on my transaction with Opendoor Just sold my house to Opendoor in mid April. Transaction is smooth. I have done some research online for a couple of months on selling to iBuyer vs the traditional way with a real estate agent. I decided to give Opendoor a try. I figured out if their offer is unreasonable, I can always go with the traditional way. Just want to share some data on my transaction. 1. The initial offer from Opendoor is $615,500. After the video walkthrough showing my property to Opendoor, the final offer is $615,600. At that time, the estimation from Zillow is $616,100 and Redfin is $612,245. Similar houses in my neighborhood also sold around this price range recently. So the Opendoor offer looks competitive. 2. Opendoor offer asked for 5% service charge which is comparable to 5% agent fee if I go with the traditional way with a real estate agent in my area. 3. Opendoor offer also asked for $6500 repair fee on my property. My initial reaction to the fee is high since I have new carpet, painting etc. But than comparing to the additional cost using the traditional way of selling, I have to pay for furniture staging cost (to sell faster) and cost of buyer request repair etc. My estimation is that this could be in the 4k-5k range. So Opendoor repair cost could be a bit higher. 4. The time taken to sell my property to Opendoor is faster (and predictable) than using the traditional way. In other words, I can collect the proceeds faster for my need. Overall, the Opendoor partner/agent and OSN escrow folks that I worked with are polite and professional.
customer
GBGreat experience!! Great experience. People to answer my questions every step of the way. Simple and no nonsense approach to selling your home.
MissionMan
GBWorst Condition homes youll see! We looked at a home by Open Door and it was the worst home we saw. It was like a nightmare. Windows were falling off the frame. The home looked like it was spray painted. Nearly every kind of “fix” was a joke. It had so many code violations and security issues. the doors had huge gaps under them so large a small animal could come in and out. I couldnt even believe this house was on the market. Our agent said Open Door buys up really terrible homes and does super fast clean ups on the property and then sells them in horrible condition. No other home seller we saw does this. She told us to stay away from Open Door. Its also out of Chicago IL and even there it has a horrible reputation. Open Door doesnt not sell good homes, or even halfway decent homes.
Charles
GBStress free It took the hassle out looking for a realtor and have people coming over and definitely stress free.