Ian Wong built his career helping businesses make smarter, data-driven decisions. As the co-founder and chief technology officer of Opendoor, he leads a team of engineers and data scientists focused on modernizing the real estate industry.
Together, they are responsible for the development of Opendoor’s products and technology that are rebuilding every component of the real estate transaction to make it automated, frictionless and low-cost for consumers.
Wong’s goal is to make it as easy to buy and sell a home as it is to hail a ride, buy something online, or book a flight. That requires rebuilding every part of the home buying and selling process to make it automated, frictionless and simpler. In the past year, Wong’s team has created an on-demand buying experience for customers and continued to build out Opendoor’s home selling service, which integrates home assessments and valuations, repair and financing into one seamless model.
Wong also is leading the development of Opendoor’s pricing model which leverages machine learning and advanced algorithms to ensure sellers and buyers get the most accurate price possible. Opendoor’s pricing model delivers accurate pricing for billions of dollars of real estate.
His team builds the product that delivers simplicity, certainty and speed to sellers and buyers. His product team has transformed a home sales process full of hassles into a simple online experience giving customers control of their move. And as for homebuyers, the product can help consumers find, tour and even purchase homes on their schedule and right from their mobile device.
What is one thing you cannot do without?
“I cannot do without a blank sheet of paper and a pen. When I come across something complicated, I will try to distill the core idea until it fits on a single, hand-written page.”