What is Cash Now, More Later (Cash Plus)? How does it work?

Cash Now, More Later (formerly called Cash Plus) is a selling option where Opendoor buys your home, renovates it, and resells it on the open market — and you get a share of the potential upside from that resale. It combines the speed and certainty of a cash sale with the opportunity to benefit from your home's full market value.

How it works, step by step

1. Request an offer at opendoor.com by entering your home address and completing the assessment.
2. Review your options. If your home is eligible, you will see Cash Now, More Later as an option alongside your regular cash offer on your dashboard.
3. Accept and close on your timeline. Cash Now, More Later closes in 14-60 days. At closing, you receive upfront cash.
4. Opendoor renovates and lists your home. After closing, Opendoor makes improvements to your home and lists it for sale on the open market.
5. You receive additional payment. When your home resells, you receive an additional payment based on the resale price — your share of the potential upside.

Key details

• Service charge: 5%.
• Closing timeline: 14-60 days.
• Cancellation: You can cancel any time before closing with no penalty.
• Availability: Cash Now, More Later is not available in all markets. Check your dashboard at opendoor.com to see if it is an option for your home.

Tip: If you are not sure whether Cash Now, More Later is right for you, check out our comparison with the regular cash offer to see the differences side by side.

Example: How a Cash Now, More Later payout could work

Say Opendoor assesses your home at $300,000. Here is how Cash Now, More Later might play out:

1. At closing, you receive upfront cash — for example, $270,000 (after the 5% service charge and closing costs are applied).
2. Opendoor renovates your home and lists it on the open market.
3. Your home resells for $350,000. After renovation costs and selling expenses, Opendoor calculates your share of the upside.
4. You receive an additional payment — bringing your total to roughly $285,000–$295,000, depending on renovation and resale costs.

The upfront cash is yours at closing regardless of the resale outcome. The additional payment depends on how the home performs on the open market.

Note: This is a simplified illustration. Your actual amounts will depend on your home's assessed value, service charge, closing costs, renovation scope, and final resale price. See your Opendoor dashboard for the specific numbers on your home.

What if the home sells for less than expected?

With Cash Now, More Later, the upfront cash you receive at closing is guaranteed — it is yours no matter what happens with the resale.

If the home sells for less than expected:

• Your upfront cash is not affected. You keep the full amount you received at closing.
• The additional payment may be smaller or zero. If the resale price does not exceed the threshold after renovation and selling costs, there may be no additional upside to share.
• You never owe Opendoor money. Even if the home sells at a loss, you are not responsible for the difference. There is no clawback or repayment.

In short: your downside is limited to receiving less (or no) additional payment. You never lose the upfront cash you already received.