Good idea but very hyped and very risky - Anonymous employee Opendoor Employee Review

2.0
Oct 26, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- The idea is truly disruptive and in a great market - Many talented coworkers - Many ways product can go

Cons

- The company is bleeding money on operations and has a lot of cash in houses - Keith no longer active in day to day operations and leadership is junior - Very vulnerable to market conditions - Very hyped - Employees are overworked and there are high pressure expectations - Company looks out for itself first and doesn't treat people with respect

Explore other reviews about Opendoor

5.0
Mar 19, 2026
Recommend
CEO approval
Business Outlook

Pros

Recently joined - Kaz is fantastic. There's been basically no blockers to us shipping. Very long hours but you can feel the impact in the work you're doing

Cons

Not much right now. Things are a little chaotic but that's what I signed up for. EPD leadership is maybe a little lacking

1
3.0
Apr 20, 2026
Recommend
CEO approval
Business Outlook

Pros

I spent four years at Opendoor and back in 2021 This was a great company to work for. We had great benefits were remote and the pay was competitive. Opendoor tonight me a lot and I was able to refine my skills through hundreds of new leads every month. The role of home Sales advisor requires a large knowledge base and comes with a lot of autonomy and responsibility. Historically they have had a really hard time hiring from the outside and most new hits don’t last one year.

Cons

Frequent layoffs a culture of fear and mistrust. In 4 years I survived 6 rounds of layoffs. The new ceo has caused a lot of problems mainly by repeating the same mistakes we made before.

3
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