As an agent, how do I get paid?
Opendoor offers agents clear paths to earn on both the buying and selling side. Here's how compensation works.
Buying side: buyer agent compensation
Opendoor offers buyer agent compensation on most listings. The amount varies by market. To obtain commission information, reach out to Opendoor via phone, email, or text.
- Commission is paid at closing through the title company.
- If you're enrolled in the Key Agent Program, you earn 1% commission on qualifying Opendoor transactions. Note: The 1% commission is only paid to a qualifying agent acquisition as it relates to the Key Agent Program; however, the buyer side transaction will still count towards the overall number of transactions.
- Per the NAR settlement, buyer agent compensation is negotiated in writing between you and your buyer. If Opendoor's offered amount doesn't cover your full agreed-upon fee, you can negotiate the difference with your buyer.
Selling side: referral fees
When you refer a seller client to Opendoor, you may earn a referral fee.
- The referral fee is paid at closing when your client's transaction completes.
- To be eligible, submit your referral through the agent portal before your client requests an offer independently.
- Make sure your license and brokerage details are current in your profile so the referral is properly attributed.
How payment works
All commissions and referral fees are disbursed through the title company at closing. There is no separate invoicing process.
To ensure you receive payment:
- Verify your brokerage information in the agent portal is accurate and up to date.
- Confirm your payment details with the title company before closing.
- Track your earnings on the agent dashboard, where you can see pending and completed transactions.
Tip: If there's a discrepancy in your commission or referral fee, contact agent support before the closing date so it can be resolved in time.