Horrible experience
Tried to get verified but verification did not go through. Called customer service the next day and was confirmed a time, but never received the code. If you call after 4:30, you just get an AI Bot. Do they not want to sell homes?
Could not get in
The process to get verified was too complicated, so we could not get in to view home.
No thanks
Not buying anything from anyone who uses this app to try to sell.
Wouldn’t verify two forms of my government ID, the “helpline” is AI that doesn’t help at all, and the listing agent sent us straight to voicemail cause they don’t wanna do their job if an app will do it for them. Total garbage lazy app
Wouldn’t verify two forms of my government ID, the “helpline” is AI that doesn’t help at all, and the listing agent sent us straight to voicemail cause they don’t wanna do their job if an app will do it for them. Total garbage lazy app
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Deceptive 16.8% Fees, Broken Pricing Algorithm, and Total Bait-and-Switch on Timelines
If you are looking for transparency, speed, or a fair market assessment, do not use Opendoor.
They rely on completely inaccurate property data to lowball sellers, and then they secretly inflate their corporate fees to astronomical levels to force you into paying for unneeded repairs.
I requested an all-cash offer on my home. Opendoor proudly plasters on their website and dashboard that you will receive your final offer within 2–4 business days.
Instead, they unapologetically stretched their timeline out to 5–7 business days without explanation. When the offer finally arrived, it was an absolute insult based on broken data.
Their automated pricing algorithm generated "comparable recent sales" that were a complete apples-to-oranges mismatch. They valued my home against 2.5-bathroom siding homes that were significantly smaller in square footage. My home is a premium, all-brick 5-bedroom, 3.5-bathroom property with 2,721 square feet—making it nearly 175 sq ft larger than the lower-tier comps they forced onto my property profile to artificially drag down its market value.
Worst of all is their deceptive fee structure. While their marketing suggests a transparent, standard service fee (around 5%), they hit me with an egregious $41,847 "Opendoor service fee" on a $249,000 offer. That is a hidden 16.8% corporate penalty.
When their home sales advisor explicitly admitted in writing that my HVAC, appliances, and roof were fully functional, in great shape, and well within their life expectancy, their underwriting team still used the "service fee" bucket to secretly bake in massive, double-dipping deductions.
When formally confronted with these blatant data errors (wrong bathroom count, wrong square footage, and predatory fees), their customer support completely dodged the property errors, claimed the numbers were "set in stone," and immediately tried to push me into another one of their risky alternative programs.
They rely on your need for convenience to strip you of your hard-earned equity. Do your homework, get independent contractor inspections, and avoid this corporate scam.
You are far better off listing traditionally where real buyers actually pay for a home's true square footage and structural layout.💖
They rely on completely inaccurate property data to lowball sellers, and then they secretly inflate their corporate fees to astronomical levels to force you into paying for unneeded repairs.
I requested an all-cash offer on my home. Opendoor proudly plasters on their website and dashboard that you will receive your final offer within 2–4 business days.
Instead, they unapologetically stretched their timeline out to 5–7 business days without explanation. When the offer finally arrived, it was an absolute insult based on broken data.
Their automated pricing algorithm generated "comparable recent sales" that were a complete apples-to-oranges mismatch. They valued my home against 2.5-bathroom siding homes that were significantly smaller in square footage. My home is a premium, all-brick 5-bedroom, 3.5-bathroom property with 2,721 square feet—making it nearly 175 sq ft larger than the lower-tier comps they forced onto my property profile to artificially drag down its market value.
Worst of all is their deceptive fee structure. While their marketing suggests a transparent, standard service fee (around 5%), they hit me with an egregious $41,847 "Opendoor service fee" on a $249,000 offer. That is a hidden 16.8% corporate penalty.
When their home sales advisor explicitly admitted in writing that my HVAC, appliances, and roof were fully functional, in great shape, and well within their life expectancy, their underwriting team still used the "service fee" bucket to secretly bake in massive, double-dipping deductions.
When formally confronted with these blatant data errors (wrong bathroom count, wrong square footage, and predatory fees), their customer support completely dodged the property errors, claimed the numbers were "set in stone," and immediately tried to push me into another one of their risky alternative programs.
They rely on your need for convenience to strip you of your hard-earned equity. Do your homework, get independent contractor inspections, and avoid this corporate scam.
You are far better off listing traditionally where real buyers actually pay for a home's true square footage and structural layout.💖
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Pointless exercise in downloading an app
Pretty sure most of these reviews are fake. The app works, but the data must be sourced for very few locations. Chicago had three listings…basically like searching for a car in a graveyard. Not worth wasting the time to download for what effectively is Google Maps.
