Opendoor Investor Presentation Deck

Residential real estate is the largest category in the US, and it's highly fragmented The market is massive 66% of Americans are homeowners ~5 million homes are sold annually $840B/yr Used autos $1.9T/yr Residential real estate $1.1T/yr Grocery Note: Data sourced from public company filings, U.S. Bureau of Labor Statistics, U.S. Census Bureau, and National Association of Realtors Annual homes sold and total market size based on 2022 National Association of Realtors existing home sales report Market incumbents are highly fragmented >3 million real estate agents > 20% of realtors have another occupation 61% 0-15 annual transactions 34% 15-50 annual transactions 5% 50+ annual transactions Overview 6

View entire presentation