Will Opendoor be in Sioux Falls Any Time Soon?

Opendoor allows you to “Sell your home from the comfort of your couch”

Earlier this month it announced it will be going public. The company aims to capitalize on the $1.6 Trillion consumer real estate market. Currently they are in 21 Markets and have $5 Billion in annual revenue. 

How it works is: Instant Pricing, Lower Fees, and an Automated Closing process. If you have ever experienced purchasing a home you know how attractive this sounds. They are hoping the 75 million Millennials entering the home buying market think so as well.

Opendoor says this can be repeated in every US market and it could be a $50 Billion per year company. If this estimate is correct, They could be disrupting the Sioux Falls Real Estate market very soon.


Contact Us

Leave a Reply

Your email address will not be published. Required fields are marked *