Opendoor – Buy & Sell Homes 4+

My daughter and her husband looked at a house listed by open door. We loved that we could go see it as often as we wanted as they were considering it. Nobody looking over your shoulder so you’re free to inspect inside the cabinets, toilets...all the places that are usually uncomfortable. They were listing their relatively new home as well at the same time and decided to check with open door on an offer and open door came in much higher than they were planning on listing their house through a real estate company. Within days, they accepted open doors offer, open door did the inspection, no repairs needed and their house was sold! 3 days, done. They put an offer in on the open door house, their inspector found a few minor issues, open door made the repairs the next day, sold! Open door is the way to go. Both houses done in under a week. Closing and Ready to move in within 15 days. Awesome

I really love using the Opendoor app in my home search. The notifications are very quick and the links from the emails always work and take you exactly to what you’re looking for. Being able to easily unlock any home and tour it on my way home from work is such an incredible benefit for my wife and I given our lack of free time. On homes that Opendoor doesn’t own, it is helpful to be able to schedule tours of them and see easily when an open house might be with the tag displayed in the upper right-hand corner. Lastly, the map and directions features are great, highly recommend!

At first, I really enjoyed being able to see a house that was listed without bothering my agent to drive all over Atlanta to let me in. This concept alone is what make’s Opendoor “open house” concept awesome. In this market, agents are far too busy and gas cost way too much to bring them along with you on every single home search.
Mind you, my husband and I have put offers in on 6 homes in the last year and all lost to cash offers and much higher offers even though we offered $20k - $50k more. Knowing an agent only gets paid when we close, we are careful not to waste her time out of respect.

The more homes we saw via Opendoor vs the other homes, the quicker we noticed that most of the Opendoor homes were in need of a lot of work. Especially at the asking price. Some of these hime were so poorly made “market ready” that you could see where fresh carpet that wasn’t tacked down was laid over wet floors that dogs peed on. The smell was rancid. Another house had all the windows painted shut and the foundation was completely crumbing. Another house the toilet was running and when I inspected a bit closer found in the other side of the bathroom in the garage, the walls were wet with mold.
Anyone who knows nothing about what to look for will find themselves buying a mess.

At the end of the day, Opendoor would be better off just being a home touring company for a small fee.