Whether you sell directly to Opendoor, on our exclusive marketplace, or on the multiple listing service (MLS) — all of our ways to sell include an offer from Opendoor. That offer is yours to consider as you explore your selling options.
All the info in this article is all about the Opendoor final offer, and doesn’t apply if you sell to another buyer.
What’s inside a finalized Opendoor offer
Most customers will need to complete a home assessment, then you can receive a finalized offer from us. When that offer arrives, you’ll see a breakdown of our charges and additional costs associated with the sale.
Here’s what’s inside:
Simple Sale charge (5%): For the premium service of selling your home with no staging, showings, or open houses. You’re paid in cash and choose your closing date. We charge 5% for every home we buy.
Condition adjustment:This amount helps us cover our costs in preparing, maintaining, and reselling the homes we acquire. It's based on our assessment of the age and condition of your home and our experience re-selling thousands of homes
Costs outside of Opendoor (title and escrow): These are estimated costs like lender fees, escrow, and title costs paid to other parties. These costs may differ based on the situation — some costs are required by the lender, others may be required by the government.
Estimated net proceeds after outside costs: This is the remaining amount after all charges and costs have been deducted from the finalized offer. It’s what the seller takes away from the sale.
If you have any questions about how Opendoor’s offers or fees work, contact our support team at support@opendoor.com.