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
5.0
Jul 24, 2017

Proud to be here

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- incredibly smart and humble people here to drive the OD mission - proactive approach from leadership on how the company should scale from a people and change management perspective - experiencing high growth across all areas which means you're exposed to many opportunities

Cons

- work environment is constantly changing so if you join (or any startup for that matter), you should be quite flexible and nimble - like other fast growing companies, there's a lot of work to cover with leaner teams

3.0
Apr 6, 2022
Recommend
CEO approval
Business Outlook

Pros

- Work life balance - Compensation (see attached con) - Everyone is friendly and seems to be driven towards same goal, building better and easier online real-estate process. - Remote and Education stipends - Frequent team events, lunches (doordash covered since they're remote). - PMs (at least mine) is straight fire. Always organized, keeping us updated on what's happening, what's coming down pipe and even future initiatives. - Career ladder for engineers is extremely detailed for each level

Cons

- What is actually being worked on vs what was told prior to accepting offer. What was hyped up during final stages before offer acceptance which made me accept offer is not at all what I'm doing. Be careful. - Compensation communication: Transparency around pay especially as the world moves remote is atrocious. - Compensation: Don't let the location fool you, remote does not mean remote. It simply means "not in office". You get paid for your location, not your skills/title. If you move, expect to be shocked at how much they'll be cutting your pay. If you're not within a 50 mile radius of a large tech hub city (Seattle, LA, SF, New York City) you're not going to be paid what you're worth. If you do live in a 50 mile radius of a large tech hub and decide to make a move, you'll quickly learn you are worth much less to the company. - Dev environments and repos are pretty bad. There are so many useless processes/pipelines from how over architected the different environments are. Expect to spend the first 3-4 months even figuring out where the heck anything is and how it's all working together from local, qa/staging, and production. If you ever figure it out. - There definitely appears to be a pattern with the past / current hiring bias. This is in regards to ethnicity. Female representation is pretty dang good for a company as big as Opendoor, especially on the engineering / eng manager side of things. Best I've seen at a company so far. - Be prepared to be evaluated extremely hard on the career ladder.

2.0
Feb 25, 2021
Recommend
CEO approval
Business Outlook

Pros

This is probably the best iBuyer company in terms of product fit, funding, and trajectory so I’m sure the sky is the limit for Opendoor. In order to work for said company you’ll find all of the similar corporate BS you’re used to at any other company though as a result of hiring quickly and placing tenured people in key leadership roles who shouldn’t be. Benefits are great. (Medical/Dental/Vision/Parental)

Cons

The biggest con is that we actively try to hire great talented licensed agents and then don’t allow them to practice real estate in any way shape or form. There used to be a policy to allow 5 transactions per year which was pretty reasonable to be able to help friends or family who really want to work with someone they trust while not encouraging people to continue to work “outside business”. The new senior manager in brokerage obviously has no respect for real estate because she ended that as her first to-do and now you literally can’t even represent yourself in a transaction. Yes, to be clear you will not be helping your PARENTS buy a home or even collecting your own well-deserved commission on THE PURCHASE OF YOUR OWN HOME. Have already heard of several well qualified licensed agents decline offers due to the absurdity of this. The only people who are okay with it are likely not very busy agents and therefore not very experienced. Last con which is also pretty silly is that after Covid is over the company will force a ton of people back to the office to do a job they’ve been doing remotely for over a year because “there’s so much value in being in the office together”.

Viewing 19 - 21 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.