I sold my house to OpenDoor at the end of May last year, and based on others’ experiences, I guess we just got lucky because the process was incredibly easy and we got a great deal. Our realtor, who’s experienced in selling homes, had initially estimated the maximum we could get from a traditional sale, and OpenDoor’s offer came in $13K higher than that.
After the inspection—which was mostly an exterior walk-around—they made a very reasonable request for repairs, and everything after that went smoothly. Even accounting for repairs, we likely made at least $5K more than we would have with a traditional sale, and the peace of mind from barely having to clean or deal with showings was priceless.
The real kicker? I watched the market after they relisted the house, and it sat for almost three months before selling for nearly $40K less than what OpenDoor paid us. I also recommended OpenDoor to both of my brothers. One house was too unique, so no offer was made, and the other received an offer lower than expected.
Every time I mentioned our deal to our old realtor, he warned me it might blow up in our face—but it never did. Your experience may vary, but since you can back out at any time for free, it’s definitely worth checking out if you have the time.