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News & Press: Industry News

On-Line Homebuyer Company Expands

Tuesday, September 18, 2018  
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Opendoor, an online market place that has raised millions in funding, is now buying homes in Sacramento California and reportedly plans to add Riverside to its market area. Opendoor’s Founders and leadership team are experienced in the tech sector, including stints with Yelp, PayPal, Square, Uber, Amazon, and Movity.com. The company started in 2014 and now buys homes in 10+ markets using its online platform. The company also operates a purchase program connected to home builders, that Opendoor reports has been used by customers of 19 of the top 25 builders, who need to sell their homes to purchase newly constructed homes.

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