Company News
Introducing Opendoor Trade-in
Reading Time — 1 minutes
March 10, 2016
By Jd Ross
Reading Time — 1 minutes
March 10, 2016
Buy a new home and sell your current home in one simple transaction.
Thousands of customers have shared their stories with us over the past year, and it’s become clear that buying a home while selling your current home is a nightmare. With Opendoor Trade-In, we’ve made this process as easy as trading in a car.
Over 50% of sellers are simultaneously buying a new home and the core challenge is that most Americans cannot qualify for two mortgages, forcing homeowners to sell before they can purchase their new home. The current process looks a lot like this: list your home, wait to secure a buyer, hope for the deal to close, search for a new home, line up the close date with multiple parties and wrap things up with rounds of negotiations about which contingencies are reasonable.
Opendoor Trade-In solves this problem, eliminating months of work while saving thousands of dollars. Imagine being able to select a home, pick the move-in date and move.
How it works:
Find a home that you love at Opendoor.com/homes
Select a move-in date.
Trade in your home and move in.
We will handle the rest.
The current process is a distraction from the things that matter – moving into your new home. We believe Trade-Ins are the way real estate should work, completely stress-free and on your schedule, and we’re proud to be the first company to make this a reality for homeowners.
