Opendoor Investor Presentation Deck

Real estate is the largest, fragmented category in the U.S. Massive market 66% of Americans are homeowners >6 million homes sold annually $840B/yr Used autos $960B/yr Food $2.3T/yr Real estate Note: Data sourced from public company filings, U.S. Bureau of Labor Statistics, U.S. Census Bureau and National Association of Realtors Fragmented incumbents 3 million real estate agents 25% of realtors have another occupation 66% 0-15 annual transactions 29% 15-50 annual transactions 5% 50+ annual transactions

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