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Opendoor

The largest iBuyer; an AI adopter whose pricing and underwriting run on proprietary models.

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📋About Opendoor

Updated July 3, 2026

Opendoor Technologies is the largest iBuyer, making instant cash offers on homes, then reselling them, using a proprietary AI valuation and underwriting engine at the core of the model. Founded in 2014 and headquartered in San Francisco, Opendoor went public in 2020. In 2026 its "Opendoor 2.0" push leaned explicitly on AI to cut home-assessment turnaround from about a day to roughly ten minutes and improve offer accuracy.