Software Engineer, Opendoor
Consumer
$143.4-196.9k
+ RSUs and bonuses
End-to-end online platform for selling and buying homes
Be an early applicant
End-to-end online platform for selling and buying homes
1001+ employees
Be an early applicant
$143.4-196.9k
+ RSUs and bonuses
1001+ employees
Company mission
To power life's progress one move at a time.
Role
Who you are
- 3+ years building and delivering high quality, web-based user-centered software products in a team environment
- Deep knowledge of JavaScript/TypeScript, React, GraphQL, HTML5 and CSS
- Experience building large, modular and maintainable JavaScript code bases and reusable UI components
- Experience and willingness to dive into backend code to deliver product features and debug issues (experience in or willingness to learn Ruby on Rails or Go)
- Experience working closely with cross-functional partners, such as engineering, design and operations, to deliver value to customers
What the job involves
- We are looking for a product-focused senior fullstack Engineer to join us in our transformation
- You'll work with product and design on our users’ biggest problems to brainstorm solutions, iterate on experiments, and release product experiences in a fast-paced environment
- Build extensible full-stack products. The role will focus on front-end technologies but will also require work in the backend to deliver entire product features
- Collaborate with backend, frontend and full stack engineers across the org by engaging in code reviews, mentoring other developers, and being an active voice in technical discussions across the stack
- Contribute solutions to upleveling technical standards, software quality and team processes
- Work closely with our operations team to identify ways that technology can remove friction and allow them to more efficiently help our customers
Our take
Opendoor makes selling homes easy and stress-free by cutting out the prolonged processing time usually involved with a sale. Sellers can offload a house quickly and easily to the company for cash and a 6-9% fee. Currently operating in a growing number of markets nationwide, Opendoor has chimed well with millennials who gel quickly with online businesses that offer solutions to problems they encounter.
This buying and selling model doesn't come without risk. The longer Opendoor keeps a property, the lower its profit margin. However, Opendoor's performance has been anything but disappointing; it went public in 2021, with its pre-SPAC merger presentation calling for $3.5 billion in revenue. Its actual revenue trounced it, coming in at $8 billion - more than double its estimate.
Opendoor's largest competitor Zillow dropped out of the space in late 2021 because it struggled to price the homes it acquired accurately. Opendoor's closest remaining competitor is Offerpad, which does just a fraction of the transaction volume that Opendoor does. With strong earnings coming out of 2024, if Opendoor can continue to ride on this success long term it will have an enormous lead on existing and future competitors, giving it a shot to become the overwhelming market leader.
Steph
Company Specialist at Welcome to the Jungle
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Save for tomorrow: Select our Pre-tax or Roth 401k plans to save towards retirement
- Healthy healthcare: Medical, dental and vision is 100% covered for employees
- Family planning: We offer specialty programs like Carrot, Cleo & Ginger
- Flexible vacation: Most of our team take at least 20 days off per year to decompress and be their best
- Resource groups: Join the group that works for you
- Income protection: 100% company sponsored: life insurance short term and long term disability
- Other: Flexible spending account, commuter benefit, employee assistance programs, and paid parental leave
Company HQ
Financial District, San Francisco, CA
Leadership
Carrie Wheeler
(CEO)Initially joined Opendoor in 2019 as a Board Member, before becoming the CFO in 2020 and CEO in 2022. Previously a Partner and the Head of Retail and COnsumer Investing at TPG Capital as well as an Analyst at Goldman Sachs.
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