About Opendoor
Revolutionizing home buying and selling online
Key Highlights
- Public company since 2021 with $8 billion in revenue
- Raised $1.5 billion in funding to date
- Headquartered in San Francisco, CA
- Over 1,001 employees across multiple U.S. markets
Opendoor is a leading online platform for buying and selling homes, headquartered in the Financial District of San Francisco, CA. The company went public in 2021 and has raised $1.5 billion in funding, boasting a revenue of $8 billion, significantly surpassing its initial projections of $3.5 billion...
🎁 Benefits
Opendoor offers comprehensive benefits including 100% coverage for medical, dental, and vision insurance, a flexible vacation policy with most employe...
🌟 Culture
Opendoor's culture emphasizes efficiency and innovation in the real estate market, making the home selling process easy and stress-free. The company v...
Overview
Opendoor is seeking a Portfolio Manager to oversee inventory from acquisition to resale. You'll be responsible for pricing strategies and market analysis for properties in Phoenix. This role requires strong decision-making skills and a deep understanding of real estate markets.
Job Description
Who you are
You have a strong background in real estate management, ideally with experience in overseeing property portfolios. You understand the intricacies of property valuation and market dynamics, allowing you to make informed decisions that directly impact the company's profitability. You are detail-oriented and possess excellent analytical skills, enabling you to interpret market signals and adjust strategies accordingly. You thrive in a fast-paced environment and are comfortable making decisions that affect a large number of properties. Your communication skills are top-notch, allowing you to collaborate effectively with various teams within the organization. You are committed to building a modern system of homeownership that empowers individuals and strengthens communities.
What you'll do
As a Portfolio Manager at Opendoor, you will be responsible for managing a portfolio of up to 300 properties, guiding resale decisions while the company owns these properties. You will set initial list prices by determining the value of acquired properties based on market changes and property conditions after renovations. You will conduct weekly triages to make informed decisions regarding necessary price drops, balancing renovation costs against market demand. Regularly reviewing property values every 30 days will be part of your routine to ensure that pricing strategies remain competitive. You will evaluate buyer offers and make recommendations based on local market signals and previous offers. Your role will significantly influence the company's Profit and Loss, making your contributions vital to Opendoor's success.
What we offer
Opendoor provides a collaborative work environment where your contributions directly impact the company's mission of transforming homeownership. You will work in the Phoenix office, surrounded by a team of dedicated professionals who share a commitment to innovation and excellence. We offer competitive compensation and opportunities for professional growth within the organization. Join us in building a modern system of homeownership that empowers individuals and strengthens communities.
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