IndustryOpendoor ‘lost its way,’ but new CEO sees better times aheadRevenue dropped year-over-year and net losses have increased, but Opendoor’s new CEO believes the iBuyer is now on a path to break even by the end of next year.Meghan RoosNovember 6, 2025
IndustryOpendoor to expand nationally after stock bull run, C-suite shakeupOpendoor intends to expand its service area to the “entire continental United States” at some point “in the coming weeks,” a new SEC filing states.AJ LaTraceSeptember 17, 2025
IndustryOpendoor co-founder floats idea of cutting staff by 85%“There’s no way you need 1,400 employees,” Co-founder and newly appointed board member Keith Rabois told CNBC, adding, “we’re going to return to our roots.”Meghan RoosSeptember 12, 2025
IndustryOpendoor names new CEO: ‘The right leader for the AI era’Kaz Nejatian, the former COO at Shopify, fills the vacancy left by ex-CEO Carrie Wheeler, while Opendoor's co-founders return as board members.Meghan RoosSeptember 10, 2025
IndustryTide turns for Opendoor as revenue jumps, delisting threat endsDays after announcing it is no longer at risk of getting booted off Nasdaq, Opendoor reported its first quarter of adjusted EBITDA profitability in three years.Meghan RoosAugust 5, 2025
IndustryOpendoor dodges delisting bullet after July stock surgeThe iBuyer is no longer considering a reverse stock split to regain compliance with Nasdaq price requirements now that its stock has rebounded on its own.Meghan RoosAugust 4, 2025
IndustryOpendoor looks to entice sellers with bonus cash after resaleThe iBuyer’s new Cash Plus program offers sellers an upfront payment and “potential future profits” if resale proceeds exceed acquisition and renovation costs.AJ LaTraceJuly 24, 2025
IndustryOpendoor stock leaps amid Nasdaq delisting concernsAfter sitting below $1 for months, the iBuyer’s stock was up as much as 441% in the past week. The company is also seeking approval for a reverse stock split.Meghan RoosJuly 21, 2025
AgentsOpendoor betting on agent partners as it looks to boost revenue“We’re in growth mode. We’re eager to get more great agent partnerships going because we have so many customers we want to serve,” the company said.AJ LaTraceJune 24, 2025
IndustryOpendoor makes $39M deal to settle lawsuit over pricing techPlaintiffs accused the iBuyer of misrepresenting its AI-powered system and relying on human processes that put it at risk. Opendoor has denied wrongdoing.Stephanie Reid-SimonsJune 16, 2025
IndustryOpendoor could drop off NASDAQ if stock doesn’t reboundThe iBuyer has been struggling to get its footing since 2022 despite replacing its CEO and working to build partnerships with agents and brokerages.Amie FisherMay 30, 2025
IndustryOpendoor doubling down on ‘the trusted agent partner’The top iBuyer looks to build its referrals to agents as revenue slips 2% but losses ease; Offerpad, meanwhile, saw revenue drop 44% and losses improve by 14%.Stephanie Reid-SimonsMay 6, 2025
IndustryOpendoor sees opportunity in its stream of high-intent sellersReal estate’s top iBuyer reported increased revenue as it looks to “give sellers more choices” through listing products that go beyond a standard cash offer.Stephanie Reid-SimonsFebruary 28, 2025