Opendoor reviews

Where to begin...There's enough recent reviews about our harsh internal culture, poor work/life balance, leadership favoritism, customer disregard/ manipulation, sub-par product quality/eng, and manager backstabbing to fill a kindle, so there's no need to elaborate further. (all of which are truthful) Advice to prospective employees... Want to know what it's like to work at Opendoor? Simply, think the worst of the culture of Uber (nearly half the company joined from Uber) and the greed/deception of many 2008-era financial companies that are no longer around. Think good and hard about your decision to join us here. If you do, realize all you'll ever be at Opendoor is a metric, one that is bendable until you break or become expendable. We laid off 35% of our employees (roughly 600 people for reported COVID concerns) the week after a company-wide update about their long-term financial stability. Before the dust had even settled, we reposted and started fresh hiring for many of the positions recently cut. Make no mistake. Opendoor is the tech version of 'We buy ugly houses' with better branding and design.

Work life balance? Completely non existent. Also, that 'unlimited vacay' ploy? Don't fall for it. Only if there is coverage, after being guilt tripped (and working 14 hour days 6 days a week), you might be granted that much needed time off. But be prepared to work on vacation, as I have been asked to do. That salary that employees receive? Be prepared to work around the clock to complete 'tasks' by end of day vs end of business. You even receive the latest and greatest version of a MacBook Pro as a way to invisible ball and chain. Hours are so grueling, they are amping up their hiring for contractors through Robert Half Consulting, and have these same expectations for performance and only pay them $14/hr. Not to mention their sourcing work such as checking emails and attaching documents to Guatemala, however you are expected to go behind what they call the 'GTeam' to ensure what they have done is correct (more than 90% of the time, the same doc is uploaded to their archaic system 5-10x, which then re-generates an already completed task, therefore re-triggering the whole process again) This is one of the worse companies that I've ever worked for. The SLA 'metrics' are non-real estate related, and the volume that comes in is impossible to keep up with based on their expectations. These expectations however don't apply to everyone! If you are lucky enough to be in the popular 'cliques' and entertain others well, your so called performance will be overlooked. The managers work towards their bottom-line only. They put up a good front to make it appear that they care about you, but will threw you under the bus at the first opportunity. Be prepared to be micro-managed by this iBuyer that is doing things more along the lines of Amazon conveyor belty, and not anywhere near the level of service by traditional real estate, done with a few transaction coordinators. Slack is their preferred method of communication, and most times their managing Brokers are so overworked (or maybe they're not) they're always in meetings, and most times answer Brokerage questions that aren't completely relevant to the situation at hand. I haven't even began to mention their purchasing OS National and the headache that is their newly thought up Mortgage company. I'll leave that for another reviewer If you hear someone recommend Opendoor to work for OR even buying or selling, run! They will sell you a dream at AN EXTREMELY high cost!