Account Executive, Opendoor
Home Sales Advisor
End-to-end online platform for selling and buying homes
Open for applications
End-to-end online platform for selling and buying homes
1001+ employees
Open for applications
1001+ employees
Company mission
To power life's progress one move at a time.
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Company mission
To power life's progress one move at a time.
-19% employee growth in 12 months
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, OpenDoor is looking at transforming its operations in 2026, with new management, a volume-driven strategy and an acquisition spree expected. If Opendoor can continue to ride on its long-term success, it will have an enormous lead on existing and future competitors, positioning it to securely become the overwhelming market leader.
Steph
Company Specialist at Welcome to the Jungle
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
Funding (last 2 of 8 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
This company has top investors
Leadership
Kaz Nejatian
(CEO)Previously COO and VP of Product at Shopify, Lead Product Manager at Facebook and CEO & Co-Founder at Kash.
Jobs (18)
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