Articles Tagged with ''Open Door''

Opendoor secures $400 million investment from Japan’s SoftBank

Growing direct homebuyer now has $3 billion in financial backing
Growing direct homebuyer Opendoor now has $3 billion in financial backing (yes, that’s “billion” with a “b”) thanks to a sizable new investment from Japanese technology company SoftBank Group. Opendoor announced Thursday that it secured a $400 million investment from SoftBank Vision Fund, SoftBank’s investment arm. But that's not all the funding Opendoor recently secured.
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Opendoor buying Open Listings to build one-stop shop for home buying and selling

Growing direct buyer acquires low-commission real estate site
Opendoor is about to take a huge step forward in its attempt to create a true one-stop shop for the entire real estate experience. Opendoor announced Tuesday morning that it has acquired Open Listings, a real estate site that offers homebuyers a 50% refund on the fees their real estate agent would have received. With the acquisition, Opendoor now touches all parts of the real estate process.
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Opendoor goes nationwide

Plans expansion into California, Pacific Northwest, and more
Opendoor, an online marketplace that buys homes directly from homeowners, is about to go nationwide. The company told HousingWire this week that it plans to expand into California, the Pacific Northwest, and several other areas over the next few months.
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Opendoor raises $325 million, plans nationwide expansion

Direct homebuyer plots expansion into 50 markets by 2020
One of the biggest players in the growing direct homebuyer segment is about to get much, much bigger. Opendoor, an online marketplace that buys homes directly from homeowners, announced Wednesday that it secured $325 million in new funding and is planning a nationwide expansion of its homebuying platform.
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Opendoor expands home trade-in program to all builders

Company launches Homebuilder Program beyond its pilot
Opendoor, an online marketplace that buys homes directly from homeowners, announced this week it has expanded its Homebuilder Program beyond its pilot and is now available to all homebuilders. Homeowners using the program can sell their existing home to Opendoor and be connected with a homebuilder that will build them a new home, all in one transaction.  
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Real estate tech execs gain more traction in this year's Swanepoel Power 200

But who is #1?
"The big news is that Gary Keller is number one, and a big reason is that Keller Williams is now the largest real estate brand by sales volume, not just agent size. That's a big move," said Aman Daro Vice President, Marketing of T3 Sixty. "There was lots of other movement, including leaders of innovative tech-centric companies like Glenn Kelman at Redfin, the Compass team, Purplebricks and Opendoor." Click here to see the list.
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Direct homebuyer Opendoor getting into mortgage business

Piloting mortgage lending program in Phoenix
Late last year, Opendoor, an online marketplace that buys homes directly from homeowners, announced that it raised $210 million to fund the company’s expansion beyond the two markets where it initially launched - Phoenix and Dallas-Fort Worth. At the time, the company said that it planned to expand to 10 new markets this year. As it turns out, that’s not the only way that Opendoor plans to expand; the company is also getting into the mortgage business.
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Redfin tests service to sell homes directly through 'Redfin Now'

Reveals plans in IPO offering
Tucked inside of Redfin’s initial public offering filing with the Securities and Exchange Commission, the online real estate company revealed it’s testing out the home buying and selling business. Redfin, however, wasn’t able to provide any additional information on this new Redfin Now program other than info provided in the filing. Here’s what is known so far.
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