Opendoor is a technology-driven real estate company that aims to simplify the process of buying and selling homes. They primarily operate in the United States and provide an online platform where homeowners can easily sell their houses. Opendoor offers a convenient solution by eliminating the need for traditional real estate agents, lengthy negotiations, and open houses. They leverage data and technology to make instant offers on homes, allowing homeowners to sell their properties quickly and hassle-free. Opendoor also purchases homes directly from sellers, renovates them if needed, and then resells them on the market. Their goal is to provide a streamlined and efficient experience for both buyers and sellers in the real estate market. Below is the list of lookalike companies of Opendoor:
Now Opendoor is dealing with the same high losses, but also staggeringly declining sales, a high interest rate environment, and a slow housing market. In the 2023 first quarter, sales declined 40% year over year. However, they were higher than in the 2022 fourth quarter after falling for the previous three quarters.Jun 6, 2023
Is Opendoor owned by Chinese?
Open Door Investment Management Ltd. is a 100% employee-owned, SEC-registered investment advisor founded in 2011 by veteran China investors. We manage institutional funds and segregated accounts specializing in Greater China, A-shares, healthcare, and ethical/ESG strategies.
Are Zillow and Opendoor the same company?
Zillow and Opendoor's partnership allows homeowners on Zillow to now compare multiple selling options up front — including a cash offer from Opendoor and an estimate to sell on the open market with a Zillow Premier Agent partner.Feb 15, 2023
We look into multiple data points: CPP ads data, company description, company employee experience and skills. We also use AI to summarize and extract keywords from the home page of Opendoor and compare that with other companies.
Similarity score
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Company description keywords
Including industry indicators and specialties
Employee description keywords
what people actually do at the company
Publicly available comparison data
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