Opendoor SPAC Presentation Deck
With leading edge pricing models and tooling
Note:
Models and tooling at each step from
acquisition to resale
1010
belect one
$185,855
$188.382
Potential outer comps changing valuation by 2
Eugevaluation by 2
Agents (45)
$193,000
DOM (A)
26-201
AMHARE
Grid Search: Fee and Markup Slope
Dallas
optimizer
ORPOR
fee calib model @f.c.
baseline
3.5m
Acquisition
Resale
Tooling
Meaningful
improvements
in accuracy
With step-
function
increases in
automation
Resale price prediction performance
Predicted vs. actual resale price
(absolute delta in %)
Market
maturity
Least mature
Offer automation rate
Accuracy data based on expected resale price at time of underwriting vs. realized sale price. Automation rate based on percentage of offers sent without human intervention
1Q16
More mature
41%
1Q18
2Q18 acquisition cohort
2Q19 acquisition cohort
Most mature
63%
1Q20
21View entire presentation