Frequently Asked Questions
General
What are Opendoor Exclusives?
Am I eligible to purchase an Opendoor Exclusive?
How does the process work?
How is buying an Opendoor Exclusive different from the typical buying experience?
How often are new Opendoor Exclusives released?
Do I need to pay to access Opendoor Exclusives?
Why can’t I find these homes on other listings websites or on MLS?
More details on the buying process
How can I tour an Opendoor Exclusive?
Do I need to schedule a time to tour an Opendoor Exclusive?
Will I have an agent representing me?
Can someone help me with the paperwork?
What if I have an agent?
I’m currently using the Opendoor app and working with an Opendoor agent. Can I use that agent to purchase an Opendoor Exclusive?
Why can’t I find these homes on the app?
Can I use an Opendoor Cash Offer to purchase an Opendoor Exclusive?
How does pricing work?
What is the Appraisal Price Match Guarantee?
What does “cancel anytime” mean? Are there any restrictions?
Can I get the home inspected?
Do I need to use Opendoor Home Loans to purchase an Opendoor Exclusive?
Can I negotiate the price?
What if I go into contract and change my mind?
What is the contract I need to sign to purchase an Opendoor Exclusive?
Do I need a pre-qualification letter or other proof of financing to set up a contract?
Is there a deadline for me to do an inspection?
What happens to the home once the 14 day exclusive period ends? Can I still buy it?
Can I tour an Opendoor Exclusive that’s not yet available to purchase?
Why are some Opendoor Exclusives not available to purchase?
What does "Add to Watchlist" do?
Why can I buy this home now for less than it will list for?
Why wouldn’t I just wait for it to list?
What if the home appraises for less?