Opendoor is a real estate platform enabling users to buy and sell homes easily. It offers a streamlined process where homeowners can receive instant offers for their properties without traditional real estate agents. Buyers can browse listings, schedule viewings, and make offers directly through the platform, ensuring a smooth experience in the real estate market.

Opendoor calculates the offer price using proprietary algorithms combined with local market data. It considers factors such as the condition and location of the home, as well as recent sales of similar properties. This method provides a competitive, fair offer based on current market conditions, avoiding lengthy negotiations.

Yes, Opendoor charges a service fee for selling your home through their platform, typically ranging from 5% to 14% of the sale price depending on various factors. Although this fee may be relatively high, it offers the benefit of a quick sale and less hassle compared to traditional real estate transactions. Buyers do not pay any fees when using the app.

Yes, you can choose to work with a real estate agent for buying or selling a home through Opendoor. However, the platform's main advantage is reducing the need for agents by providing a direct and hassle-free experience. If preferred, Opendoor allows collaboration with agents to support professional guidance and involve all parties.

Opendoor is gradually expanding but is not available everywhere yet. The service currently operates in several major metropolitan areas across the United States. It is advisable to check the Opendoor website or app to confirm if your city or town is covered, as their service area may change over time.