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1. listwithclever.com › real-estate-blog › is-opendoorIs Opendoor Worth It (And Does It Pay a Fair Price)?

   listwithclever.com › real-estate-blog › is-opendoor

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   Sep 22, 2024 · Our analysis of roughly 200 homes bought and sold by Opendoor between December 2022 and September 2024 showed that Opendoor sold properties for an average of 5.64% more than it originally paid, or roughly $23,000 per home. Factoring in Opendoor's 5% service fee, sellers paid an average premium of more than 10% for the convenience of selling to ...

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     Opendoor vs. Realtor: WHO WINS? Pros and Cons of Opendoor

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3. blog.jasonopland.com › pros-and-cons-of-usingPROS and CONS of using Opendoor to Sell Your Home

   blog.jasonopland.com › pros-and-cons-of-using

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   Jan 10, 2022 · Opendoor vs. Realtor Costs. If you use a real estate agent to sell your home, you’ll end up paying about 5-6% for listing agent commission, and another 1–3% for closing costs. This works out to about 6–9% vs. 7–13% with Opendoor.

4. www.bankrate.com › real-estate › opendoor-reviewOpendoor Review: What It Is And How It Works | Bankrate

   www.bankrate.com › real-estate › opendoor-review

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   Jan 29, 2024 · Opendoor pros and cons. Working with Opendoor comes with advantages and disadvantages. Here are a few things to consider: Pros Convenience: ...

   • Author: Kacie Goff

5. www.nerdwallet.com › article › mortgagesOpendoor Review - NerdWallet

   www.nerdwallet.com › article › mortgages

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   Aug 15, 2022 · Opendoor, which pioneered iBuying in 2014 and is the largest iBuyer, buys and sells homes in more than 50 markets and charges a 5% selling fee. Some or all of the mortgage lenders featured on our ...

6. ericadiazteam.com › the-pros-and-cons-of-usingPros and Cons of Using Opendoor to Sell Your Home

   ericadiazteam.com › the-pros-and-cons-of-using

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   Erica Diaz Team – Pros and Cons of Using Opendoor to Sell Your Home. Contact the Erica Diaz Team to see precisely how much your home is worth before you list your home on Opendoor and wait two hours for your magic (but probably too low) offer. They are dedicated to getting you the most for your home in the least amount of time.

7. secretlivesofrealestate.com › opendoor-reviewExploring the Pros and Cons of Opendoor Worth – A ...

   secretlivesofrealestate.com › opendoor-review

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   Here are some of the key benefits of using Opendoor: 1. Quick Sale. Opendoor provides a fast and efficient way to sell your home. You can receive an offer on your property within a few days and close the sale in as little as 14 days. 2. No Showings or Open Houses. With Opendoor, you don’t have to worry about staging your home for showings or ...

8. People also ask

   What are the pros and cons of using OpenDoor?

   • OpenDoor offers several advantages and disadvantages to consider. Instantly receive a preliminary cash offer within 24 hours after submitting property information (Pro). Flexible closing timeline with up to 60 days to close on your home and the ability to set a closing date at your convenience" (Pro).

   Opendoor Reviews: Pros, Cons, and Alternatives (2024) - Houzeo

   www.houzeo.com/blog/opendoor-reviews/

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   Does Opendoor make a profit?

   • Opendoor does need to turn a profit, of course, and to do so, it charges fees. If you sell your home to Opendoor, you’ll pay a 5 percent service fee. (So, if they’re offering to buy a home for $350,000, you’d automatically subtract $17,500, or 5 percent of that.)

   Opendoor Review: What It Is And How It Works | Bankrate

   www.bankrate.com/real-estate/opendoor-review/

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   Does Opendoor offer less than what a home is worth?

   • Opendoor offers less than what a home is worth. Opendoor is a house flipping company that generates their profits by buying low and selling high.

   PROS and CONS of using Opendoor to Sell Your Home

   blog.jasonopland.com/pros-and-cons-of-using-opendoor-to-sell-your-home/

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   How does the Opendoor process work?

   • Opendoor gives you a preliminary cash offer within 24 hours. This process helps you avoid spending thousands of dollars in repair costs. Opendoor offers a flexible closing timeline of up to 60 days. However, Opendoor extends lowball cash offers that are just 70%-80% of your home's fair market value. Their 5% service fee reduces the total equity you get for your home.

   Opendoor Reviews: Pros, Cons, and Alternatives (2024) - Houzeo

   www.houzeo.com/blog/opendoor-reviews/

   See all results for this question

   Is Opendoor a good deal?

   • In many ways, Opendoor seems to good to be true. They send an all-cash offer in less than 24-hours, provide a free home inspection (this is a buyer expense by the way), and completely eliminate the hassle of selling a home. But what exactly is Opendoor, is their offering really as great as they claim, and are they the best solution?

   PROS and CONS of using Opendoor to Sell Your Home

   blog.jasonopland.com/pros-and-cons-of-using-opendoor-to-sell-your-home/

   See all results for this question

   Does Opendoor pay more than market value?

   • However, we also found evidence that Opendoor paid more than market value for certain homes. Roughly 1 in 5 properties (22%) we analyzed sold for less than Opendoor's original purchase price — although, when looking specifically at homes bought and sold in 2024, that number dropped to 15%.

   Is Opendoor Worth It (And Does It Pay a Fair Price)? - Clever Real Estate

   listwithclever.com/real-estate-blog/is-opendoor-worth-it/

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9. www.houzeo.com › blog › opendoor-reviewsOpendoor Reviews: Pros, Cons, and Alternatives (2024) - Houzeo

   www.houzeo.com › blog › opendoor-reviews

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   Aug 12, 2024 · Opendoor Reviews. Opendoor has a 4.4 out of 5-star rating on Reviews.io based on 3,281 reviews. In contrast, they have a 1.1 out of 5-star rating on BBB based on 228 reviews. The positive Opendoor reviews praise the iBuyer’s easy process and courteous customer support.