How and when do I get paid?

Every deal pays you two things: your normal commission (whatever you and your client agreed on) plus a bonus from Opendoor. When they land depends on which offer your client takes.

If your client takes Cash (we buy the home outright, one closing): one payday. Your commission and the Opendoor bonus both arrive at that closing, through escrow.

If your client takes Cash Now, More Later (we buy and renovate the home, you relist it, your client can get a second payment when it sells): two paydays. The Opendoor bonus arrives at the first closing, when we buy. Your full listing commission arrives at the second closing, when the renovated home sells.

The Opendoor bonus grows with every deal you close with us in the year:

• 1st deal: 1.00% of purchase price
• 2nd deal: 1.25%
• 3rd deal: 1.50%
• 4th deal: 1.75%
• 5th+ deal: 2.00%

No membership or minimums. The tier resets every January.

The same ladder applies to both products, and both count toward your deal total for the year (a Cash deal in March plus a Cash Now, More Later deal in June means the June deal pays 1.25%). On Cash Now, More Later, the bonus is calculated on the price Opendoor pays at the first closing.

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