What selling options does Opendoor offer? (Cash Offer vs Cash Now, More Later)

If you have received your cash offer from Opendoor, you may have noticed two options on your Opendoor dashboard. Here is how they compare so you can decide which one is right for you.

Option 1: Regular cash offer

Opendoor buys your home, and you receive the full amount at closing. You know exactly what you are getting, and you control the timeline.

• You receive your full cash offer amount at closing.
• The service charge varies and is shown in your offer breakdown on your Opendoor dashboard.
• Close in as few as 14 days, or choose a date up to 60 days out.
• After closing, the transaction is complete. No further payments or obligations on either side.

This option is built for sellers who value certainty and want to close on their own timeline.

Option 2: Cash Now, More Later (formerly Cash Plus)

Cash Now, More Later works differently. Opendoor buys your home, renovates it, and resells it on the open market. You get paid in two parts:

1. Upfront cash at closing -- a portion of your home's value, paid when you close.
2. Potential upside later -- if Opendoor resells the renovated home above a certain threshold, you share in the additional profit.

Here are the key details:

• 5% service charge applies to Cash Now, More Later.
• Closing is fast -- typically around 14 days.
• Free cancellation before closing, so you can change your mind without penalty.
• You can track the resale progress from your Opendoor dashboard.

Tip: Cash Now, More Later may result in a higher total payout than a regular cash offer, but the upside portion is not guaranteed. It depends on the resale outcome.

Side-by-side comparison

	Regular Cash Offer	Cash Now, More Later
When you get paid	All at closing	Upfront cash + potential upside later
Closing timeline	14-60 days	~14 days
Certainty	Full amount known upfront	Upfront amount known; upside varies
Service charge	Varies (shown in your offer)	5%
Cancellation	Free before closing	Free before closing

Example: Comparing payouts on a $300,000 home

Here is a simplified look at how the two options might compare for a home assessed at $300,000:

Regular Cash Offer

• You receive your full cash offer amount at closing — for example, $285,000 after the service charge and closing costs.
• The transaction is complete. No further payments.
• Total payout: ~$285,000 (known upfront).

Cash Now, More Later

• At closing, you receive upfront cash — for example, $270,000 after the 5% service charge and closing costs.
• Opendoor renovates and resells the home. If it sells for $350,000, you receive an additional payment based on your share of the upside.
• Total payout: ~$285,000–$295,000 (depends on resale outcome).

The regular cash offer provides certainty — you know the exact amount upfront. Cash Now, More Later provides upside potential — your total payout could be higher, but the additional amount depends on how the home performs on the open market.

Note: These are simplified illustrations. Your actual amounts depend on your home's assessed value, service charge, closing costs, renovation scope, and resale price. See your Opendoor dashboard for the specific numbers on your home.

Which option fits your situation?

The regular cash offer is great if you want certainty — you know the full amount upfront and close on your timeline.

Cash Now, More Later is great if you believe your home is worth more and want to participate in the upside while still getting cash now.

Neither option is inherently better. They serve different needs depending on what matters most to you.

Tip: Not sure? Your Opendoor advisor (Experience Partner) can walk you through the numbers for both options based on your specific home. You can also see both breakdowns side by side on your Opendoor dashboard.