Opendoor SPAC Presentation Deck

Home sellers are choosing Opendoor Note: High intent customers 80% Browsing for a quote High conversion 34% 2019 real seller conversion 20% 90% Real sellers Sell direct to us without agents Based on Company data for 2019. Real seller defined as unique lead who either accepts Opendoor offer or lists home on MLS within 60 days of receiving an offer Real seller conversion vs. fees 25% >10% 23% 24% 26% 9.5% 30% Even at 10% fees conversion is 23% 8.5% 31% 35% 7.5% -38% 40% 46% 6.5% 44% And at 6% fees conversion is 44%+ <6.0% 15

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