Opendoor Market Leadership and Valuation

Today, we are in 21 markets and just scratching the surface 21 Markets 2.0% Sacramento 9 Portland ↑ Las Vegas Market share Los Angeles 99 Riverside $5.OB 1Q20 Run-rate revenue Note: Phoenix • Salt Lake City ↑ Denver Minneapolis-St.Paul 9 Tucson i Dallas-Fort Worth San Antonio Nashville ? Atlanta i Raleigh-Durham Charlotte Jacksonville ↑ Austin ↑ Orlando Houston Tampa Market share based on Company resales and MLS transaction data for respective markets as of 1Q20. 1Q20 run rates do not reflect the full impact of COVID-19; see Summary Financials for full-year 2020 projections 21

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