Opendoor Market Leadership and Valuation slide image

Opendoor Market Leadership and Valuation

Offering greater simplicity, certainty, speed and safety Traditional sale Complex Average of 6 counter parties to manage 9:41 AM Wed Aug 24 123 Main Street Opendoor YOUR OFFER Traditional Sale $303,000-$342,000 Uncertain Price ~20% of transactions fall through Inflexible timelines to closing Fees 5.5% Est. Closing costs 1% Note: Slow Average of 87 days to close Hidden costs on the market Net proceeds Human intensive Averaging 12 visitors per listing with months of open houses Up to 4% $271,185-$306,090 Opendoor $317,300 7.0% 1% 0% $291,916 Days on market X 62 days ✓ O Closing date X Depends on Buyer ✓ Up to you Fall-throughs X 18% ✓ 0% Fall-through, days-on-market and visitors / listing based on analysis of MLS and Company data Offer comparison reflects a comparison of Company's listing and sell direct products (figures based on illustrative home) 100% Opendoor EH Simple 01 Integrated digital experience Certain Guaranteed close on your timeline No unforeseen costs Fast Flexible closing in as fast as 3 days Safe Completely contactless sale 13
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