Opendoor reviews

3.1

45% would recommend to a friend

(937 total reviews)

Kaz Nejatian

37% approve of CEO

29% positive business outlook

Opendoor has an employee rating of 3.1 out of 5 stars, based on 937 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Opendoor employee rating is in line with the average (within 1 standard deviation) for employers within the Bienes raíces industry (3.8 stars).

Reviews by job title

937 reviews
1.0
Apr 25, 2023

doomed to fail

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

When I started with Opendoor, there was a great group of people there. Then the CEO/Founder gave up his position in the fall of 2022 and the place just fell apart. The first mass layoff of November (and another more recently in April 2023) was ruthless and really showed that this company has ZERO loyalty to their employees, as they literally chose to lay off the most tenured team members first).

Cons

Due to the mass layoffs, if you remained at Opendoor you were expected to now pick up the work of 4-5 employes (easily) for the same pay rate as a salaried employee with no overtime. I received a glowing performance review right before being cut. You know something is severely toxic when they would rather give a raise and promotion to a poor leader, one who is extremely negative and self-serving- then to keep up to 3 individual contributors on the payroll. This company without it's Founders Eric Wu and Ian Wong at the head- as well as the guidance from Daniel Morillo, the recently departed Chief Investment Officer is heading down a terrible path and so if you value yourself, and your career then please stay away from this company.

5.0
Mar 22, 2021
Recommend
CEO approval
Business Outlook

Pros

* Strong eng culture focused on levelling up engineers * Good culture in general that encourages passing feedback upwards (and actually acting on it) * No shortage of opportunities for rapid career growth * Good balance between startup and stability.. plenty of opportunities to drive work on new and interesting problems, but without worrying about company health * Modern tech, open source friendly, remote friendly * GREAT comp/benefits * Big company focus on diversity -- not just lip service, but serious efforts with full backing * Really fun office culture (pre-COVID.. hopefully again soon!)

Cons

Still in high-growth startup mode, despite being public. That means a lot of the efforts are still in the early stages... such as diversity, open source engagement, and the career ladder. The investment in them and desire to do them well definitely seems to be paying off, but there is much more ground to cover. Similarly, the startup culture will not be for everyone. I don't mean that as code for 'hours are ridiculous' (they're not). Rather it's a culture where proactive people who find issues and explore solutions for them will get celebrated and rewarded, and people who want to have work clearly defined for them and just implement it as asked may get frustrated with the open-endedness.

Viewing 40 - 42 of 937 Reviews

Glassdoor has 1,060 Opendoor reviews submitted anonymously by Opendoor employees. Read employee reviews and ratings on Glassdoor to decide if Opendoor is right for you.