Opendoor

Opendoor buys and sells homes and provides mortgage, real estate brokerage, title insurance and settlement services.

Opendoor generates revenue primarily by acquiring homes directly from sellers and reselling them to buyers.

Opendoor believes its inventory information and its ability to manage a diversified portfolio provide an advantage over individual sellers or agents.

Opendoor may fail to achieve or maintain profitability and may continue to incur significant losses.