Opendoor SPAC Presentation Deck
Demonstrated success in adding high margin services
First proof point with title & escrow
Title & escrow transactions (#)
Note:
5.7%
103
Q1
21.6%
510
Q2
36.1%
1,134
Q3
57.8%
2,381
Q4
74.5%
3,951
Q5
75.8%
4,720
Q6
Quarter since launch
78.4%
5,934
Q7
75.9%
7,031
Q8
82.9%
8,157
Q9
80%
60%
40%
20%
Attach rate (%)
Adjacent services roadmap
Established
Title & Escrow
Recently launched
Home Loans
Buy with Opendoor
List with Opendoor
To be launched
Home warranty, upgrade &
remodel, home insurance,
moving services
Attach rate based on total acquisition and resale closes in markets where Company title product is active, beginning 3Q17
Active adjacent services Contribution Margin /home based on Company forecasts assuming $250K home. To be launched category reflects Company estimates
Target CM /home
$1,750
$5,000
$5,000
$3,750
$7,500
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