Opendoor typically makes an offer within 1-2 business days without needing to send someone to your home. Our offer is based on the information you provide about your home, current market trends, and recent comparable home sales.
We follow a proven, 3-step process to competitively price your home. We start by reviewing all the detailed information you submitted about your home, such as features and upgrades, as well as public information we have on your home. Then, we look at sale prices of homes comparable to yours in your area. Of course, no two homes are exactly the same, so we make dollar value adjustments to each comp to account for the differences between the two homes. We also adjust for neighborhood trends like how quickly homes in your area are appreciating in value. Finally, after making all of these adjustments, we look at detailed information about your home condition, size, and arrive at your competitive offer
If you decide to accept the offer, you can schedule a free home assessment to confirm the condition of your home. The assessment will take about 2-3 hours and can be scheduled at a time that works for you. During the assessment, an Opendoor estimator and system specialists will verify the condition and details about your home. Please note that your net proceeds may change if your home needs repairs, or your home details are different than the information provided to us.