
Opendoor Technologies Inc
NASDAQ:OPEN

Opendoor Technologies Inc
Other Current Liabilities
Opendoor Technologies Inc
Other Current Liabilities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Current Liabilities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Opendoor Technologies Inc
NASDAQ:OPEN
|
Other Current Liabilities
$1m
|
CAGR 3-Years
-52%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
N/A
|
|
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Jones Lang LaSalle Inc
NYSE:JLL
|
Other Current Liabilities
$2.7B
|
CAGR 3-Years
14%
|
CAGR 5-Years
10%
|
CAGR 10-Years
24%
|
|
C
|
Compass Inc
NYSE:COMP
|
Other Current Liabilities
$82.8m
|
CAGR 3-Years
9%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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CBRE Group Inc
NYSE:CBRE
|
Other Current Liabilities
$886m
|
CAGR 3-Years
9%
|
CAGR 5-Years
31%
|
CAGR 10-Years
20%
|
|
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Zillow Group Inc
NASDAQ:ZG
|
Other Current Liabilities
$62m
|
CAGR 3-Years
7%
|
CAGR 5-Years
9%
|
CAGR 10-Years
15%
|
|
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Newmark Group Inc
NASDAQ:NMRK
|
Other Current Liabilities
$70.9m
|
CAGR 3-Years
-23%
|
CAGR 5-Years
-20%
|
CAGR 10-Years
N/A
|
Opendoor Technologies Inc
Glance View
Opendoor Technologies Inc., co-founded by Eric Wu, is a frontrunner in revolutionizing the real estate industry through its innovative technology-driven model. The company carved out a niche by simplifying the home-selling process; it uses data science to make instant offers to homeowners wanting to sell their properties. This approach significantly reduces the hassle and time traditionally involved with real estate transactions. By utilizing algorithms that consider various data points from market trends to property specifics, Opendoor makes speedy cash offers, allowing sellers to bypass the often cumbersome listing, staging, and negotiation stages. Once a property is acquired, Opendoor assumes the role of a traditional home flipper. The company undertakes necessary renovations and enhancements to prepare the property for resale. Its profit model hinges on selling homes at a margin above the purchase and repair costs, as well as charging fees similar to a conventional real estate commission. By streamlining the transaction process with a focus on convenience and certainty, Opendoor not only appeals to sellers seeking quick sales but also attracts buyers with thoroughly prepped homes, ready for immediate move-in. This transactional efficiency and customer-centric focus position Opendoor as a disruptive force in the real estate sector, challenging traditional brokerage models with its tech-forward, efficient approach.

See Also
What is Opendoor Technologies Inc's Other Current Liabilities?
Other Current Liabilities
1m
USD
Based on the financial report for Dec 31, 2024, Opendoor Technologies Inc's Other Current Liabilities amounts to 1m USD.
What is Opendoor Technologies Inc's Other Current Liabilities growth rate?
Other Current Liabilities CAGR 5Y
-2%
Over the last year, the Other Current Liabilities growth was -67%. The average annual Other Current Liabilities growth rates for Opendoor Technologies Inc have been -52% over the past three years , -2% over the past five years .