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Datadoor.io

@DatadoorIO

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Real-time iBuying & @Opendoor analytics. Why wait 3 months for an earnings call? 🛠️ Brought to you by @Tyler_Okland_MD & @SebastianSzturo

United States
Joined April 2022
Don't wanna be here? Send us removal request.
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@DatadoorIO
Datadoor.io
1 year
If you just discovered $OPEN make sure to join us and 750+ in our Discord community! This is the town square for crowdsourced iBuying and Opendoor news. Door's open. 🚪
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@DatadoorIO
Datadoor.io
2 years
$OPEN sold more homes on Sept 30th than ever before, and might be the record for most homes sold on a single day in US history. While the housing market remains challenging nationwide, Opendoor continues to move inventory at positive gross margins.
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@DatadoorIO
Datadoor.io
11 months
BREAKING: $OPEN is buying back another $129M in convertible notes due 2026 at a 30% discount!
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@DatadoorIO
Datadoor.io
2 years
Through the first six weeks of Q2, Opendoor has posted negative gross profit margins on only 1.1% of home sales. This is a record low for the company. $OPEN
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@DatadoorIO
Datadoor.io
2 years
At Datadoor we track Opendoor transactions across 80+ metro areas. In Q2 we see gross margins >10% in all but four markets. $OPEN
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@DatadoorIO
Datadoor.io
9 months
$OPEN has been selected as one of the best places to work in the US by Built In.
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@DatadoorIO
Datadoor.io
1 year
BREAKING NEWS: $OPEN is repurchasing an additional $279M of convertible debt at a 39.5% discount.
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@DatadoorIO
Datadoor.io
2 years
Across the five metrics we estimated for Opendoor’s Q1 our mean error rate was 3.7%. Meanwhile the mean error for consensus estimates was 34.1%. Datadoor was nearly 10X more accurate on average than Wall Street for the quarter. Welcome to DaaS: Data-as-a-Superpower.
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@DatadoorIO
Datadoor.io
2 years
In the month of May '22, Opendoor listed as many homes on "Opendoor Exclusives" as the preceding three months combined (Feb - April). Exclusives is Opendoor's off-market product, and it's scaling rapidly. $OPEN
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@DatadoorIO
Datadoor.io
4 months
$OPEN shipped a new AI feature for Opendoor Exclusives that lets you un-stage homes, removing any personal items from listing photos.
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@DatadoorIO
Datadoor.io
1 year
Based on this Linkedin post it looks like $OPEN will maybe finally talk about their institutional product 𝗢𝗽𝗲𝗻𝗱𝗼𝗼𝗿 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲 soon? 👀 It is a multi-billion dollar business hiding in plain sight. Let me explain: Opendoor Enterprise and Open Exchange,
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@DatadoorIO
Datadoor.io
1 year
"What is the biggest misconception of $OPEN's business today?" @rabois discussing the current state of Opendoor on the newest episode of the @loganbartshow .
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@DatadoorIO
Datadoor.io
9 months
$OPEN listed more homes today than they did on any day since March 2023 👀
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@DatadoorIO
Datadoor.io
1 year
Opendoor and Zillow are launching their referral partnership in 10 more markets today. Buyers can now request an $OPEN offer on $Z in 26 markets.
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@DatadoorIO
Datadoor.io
2 years
Opendoor's inventory holding time (buy-to-sale in days) continues to trend lower. Holding time by month purchased: Sept: 130 days Oct: 120 days Nov: 105 days Dec: 85 days $OPEN
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@DatadoorIO
Datadoor.io
11 months
Carrie Wheeler closing the year with a fantastic appearance at the UBS Conference today. $OPEN * Impact of NARs lawsuit and buyer commission changes * Partnership channels * Market share and expansion * Cohort trends * Banking relationships and capacity * 2024 Outlook 🚀
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@DatadoorIO
Datadoor.io
1 year
$OPEN's 3P marketplace, Opendoor Exclusives now offers 3D tour capabilities for 3P listed homes powered by Matterport $MTTR / VRXMedia.
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@DatadoorIO
Datadoor.io
9 months
$OPEN listed more homes in a single day this week than on any day in 2023.
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@DatadoorIO
Datadoor.io
8 months
$OPEN launched their direct integration with $EXPI to eXp Realty’s nearly 90,000 agents today.
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@DatadoorIO
Datadoor.io
1 year
Some highlights from the newest interview with $OPEN CEO, Carrie Wheeler in Fortune.
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@DatadoorIO
Datadoor.io
1 year
Zillow CEO @Rich_Barton talking with @Jason about iBuying and why they partnered with Opendoor $OPEN. “We tried it for a while and decided… nah we are Software people. […] We are going to stop doing that and partner with the innovator in the space, Opendoor.”
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@DatadoorIO
Datadoor.io
2 years
In the week of June 12 Opendoor's holding time is the lowest it's been since August 2021 -- 79 days. This is down sharply from a peak of 139 days at the end of February. $OPEN 🤓
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@DatadoorIO
Datadoor.io
3 months
$OPEN
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@NewsLambert
Lance Lambert
3 months
The average 30-year fixed mortgage rate slips to 6.85% Lowest reading since March 8, 2024 Spread: 267 bps
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@DatadoorIO
Datadoor.io
1 year
Opendoor is going to the moon… in their new ad campaign $OPEN
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@DatadoorIO
Datadoor.io
7 months
Opendoor CEO Carrie Wheeler’s statement on the NAR settlement today $OPEN
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@DatadoorIO
Datadoor.io
1 year
$OPEN is hiring for tour assistants in new markets indicating the launch of “Buy with Opendoor” in 7 new markets by the end of August! Bringing the total to: 💸 54 Markets: Sell for a cash-offer to Opendoor 💰 46 Markets: Buy any home with Opendoor All 7 new BwO markets: *
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@DatadoorIO
Datadoor.io
4 months
Keith @Rabois sharing his current opinion on $OPEN on the @TheFounderHour podcast: “The stock price is almost a tracking exercise in what people believe about the future of interest rates. When the FED says something positive about interest rates, the stock price goes up.” “I
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@DatadoorIO
Datadoor.io
2 years
Today: Opendoor has listed a record number of homes for sale. Roughly 70% of Opendoor's current listings were both purchased by the company AND listed in Q2. 💨💨 This is a stepwise improvement in inventory efficiency. $OPEN
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@DatadoorIO
Datadoor.io
1 month
$OPEN David Benson, former President of Fannie Mae, joins the Opendoor Board of Directors. Mr. Benson most recently served as President of Fannie Mae, the largest provider of mortgage credit in the United States with over $4 trillion assets, from August 2018 until his retirement
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@DatadoorIO
Datadoor.io
2 years
From Q2-2021 to Q2-2022 Opendoor doubled the metro regions it operates in. Today, we track $OPEN sales in 89 metro areas, up from 43 at the same time last year. Meanwhile they just announced hundreds of new zip codes today 🤓
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@DatadoorIO
Datadoor.io
11 months
$OPEN launching their 2024 growth year with a major SuperBowl ad. “It’s only crazy until someone does it,” said Greg Hahn, co-founder and chief creative officer at Mischief, in a statement. “We were drawn to the people at Opendoor because—like Mischief—they’re reinventing a
@Adweek
ADWEEK
11 months
🏠 @Opendoor , the real estate digital platform, is kicking off its major marketing year with the 2024 #SuperBowl through a partnership with @mischief_usa as it looks to rewrite the perception of the housing market.
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@DatadoorIO
Datadoor.io
2 years
BREAKING NEWS: $OPEN acquires Ownership Stake in Title Resources Group, one of the largest title insurers in the US. “We are thrilled to have Opendoor, […] which is leading the title and escrow space in creating a truly differentiated customer experience.”
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@DatadoorIO
Datadoor.io
7 months
Opendoor introducing their newest product: “the Offermobile” $OPEN
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@DatadoorIO
Datadoor.io
1 year
$OPEN Co-Founders Eric Wu & Keith Rabois are leading the $1.25M round in Roam. Founded by ex-Opendoor employee @raunaqsingh87 , Roam helps home buyers purchase a home with mortgage rates as low as 2% by making home loans transferable. Former Fannie Mae CEO is an adviser.
@rabois
Keith Rabois
1 year
Excited to launch (and fund) Roam:
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@DatadoorIO
Datadoor.io
2 years
In Q2 Opendoor has already sold > 100 homes in 21 markets, and > 200 homes in 11 markets. Arizona and Georgia still represent 33% of total sales. $OPEN
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@DatadoorIO
Datadoor.io
10 months
$OPEN CMO David Corns shared some interesting metrics on Opendoor’s marketing in 2023. * 70% increase in address entries and 18% unit cost savings via direct mail. * 48% improvement in search efficiency * 50% YoY increase in repeat offers 2024 is coming 👀
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@DatadoorIO
Datadoor.io
11 months
The only appropriate Christmas present for $OPEN shareholder families.
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@DatadoorIO
Datadoor.io
2 years
Opendoor listed 3,940 homes for sale over the past month, a new high for the company. This is 31% more listings than the previous high (the month prior). This could translate into elevated sales volume over the next few months. $OPEN
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@DatadoorIO
Datadoor.io
2 years
Opendoor officially listed a new record number of homes this past week. Raw data on 🤓 $OPEN
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@DatadoorIO
Datadoor.io
1 year
Who is ready for $OPEN Q2 earnings in 4-5 weeks? Can’t wait to hear the words “Q2 offer cohort” never again in my life.
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@DatadoorIO
Datadoor.io
1 year
Opendoor's newly promoted Chief Marketing Officer, David Corns summarizing $OPEN's progress on their nationwide marketing campaign since Q1'2022.
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@DatadoorIO
Datadoor.io
9 months
$OPEN will livestream their home selling experience during Super-Bowl Halftime Show.
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@DatadoorIO
Datadoor.io
2 years
Opendoor is cruising towards its third straight week of 1k+ new home listings on . Prior to this period $OPEN's highest weekly count was 842 in May. Something's happening here 👀
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@DatadoorIO
Datadoor.io
1 year
Opendoor CEO Carrie Wheeler will be speaking at the Goldman Sachs Communacopia & Technology Conference on Thursday, September 7, 2023. $OPEN First investor conference appearance in over 1y.
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@DatadoorIO
Datadoor.io
1 year
$OPEN and $Z partnership is expanding into 5 more markets!
@Opendoor
Opendoor
1 year
🚨Home sellers in AL, CA, NY-NJ, DC & VA: our selling solution w/ @Zillow is now available to you! Easily compare selling options up front: a cash offer from Opendoor or selling w/ a Zillow Premier Agent partner on the open market.
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@DatadoorIO
Datadoor.io
1 year
The $OPEN <> $Z partnership is now live in 45 markets.
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@Opendoor
Opendoor
1 year
🚨Home sellers in IN, MA, MI, MO, NM, OH, OK, OR & UT: our selling solution w/ @Zillow is now available to you! Easily compare selling options up front: a cash offer from Opendoor or selling w/ a Zillow Premier Agent partner on the open market
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@DatadoorIO
Datadoor.io
3 months
$OPEN CMO David Corns sharing a summary of Opendoor’s marketing achievements for 1H 2024. “All-time high in Brand Awareness.”
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@DatadoorIO
Datadoor.io
2 years
Working on some Opendoor data visualization tools for the @DatadoorIO dashboard... Curves for days. $OPEN
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@DatadoorIO
Datadoor.io
2 years
👀 Opendoor to Report Second Quarter 2022 Financial Results on August 4th, 2022 $OPEN
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@DatadoorIO
Datadoor.io
1 year
$OPEN partners with $EXPI to bring Opendoor offers and agent reward program directly to 90,000 eXp agents.
@Opendoor
Opendoor
1 year
We’re partnering with @eXpRealty to provide more certainty to millions of homeowners who move every year. eXp Realty agents will be able to request an Opendoor cash offer for their seller clients directly through eXp’s ExpressOffers platform
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@DatadoorIO
Datadoor.io
2 years
The $OPEN + $ZG partnership is now live in Opendoor's biggest markets: * Dallas * Houston * Phoenix * Raleigh * Atlanta
@Opendoor
Opendoor
2 years
Today, our new selling solution in partnership w/ @Zillow is live in 5 markets, including Dallas, Houston & PHX. Homeowners can compare selling options up front: a cash offer from Opendoor or selling w/ a Zillow Premier Agent partner on the open market
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@DatadoorIO
Datadoor.io
1 year
New 2023 price target by Opendoor Co-Founder Keith Rabois. $OPEN price ($2.6B): $4.02 $5-$10B market cap: $7.63 - $15.39
@rabois
Keith Rabois
1 year
@StockJabber @etiennexyz we don’t flip homes and we are definitely worth $5-10 B in 2023.
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@DatadoorIO
Datadoor.io
1 year
Feeling quite bullish after this @jimcramer statement on Opendoor $OPEN ;)
@BShurt79
Brian
1 year
$open Jim Cramer on mad money today:
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@DatadoorIO
Datadoor.io
2 months
$OPEN CEO Carrie Wheeler’s statement on the NAR settlement changes via Linkedin.
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@DatadoorIO
Datadoor.io
1 year
Opendoor Buy + Sell is now available in 16 new markets, bringing it’s coverage to 25 markets nationwide. $OPEN “Buying or selling a home is complicated enough, but when you have to sell your current home to buy a new one, the need to coordinate multiple parties and timelines
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@DatadoorIO
Datadoor.io
6 months
JMP Securities reiterates Outperform rating on $OPEN, maintains $4.50 price target.
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@DatadoorIO
Datadoor.io
1 year
Morgan Stanley Initiates Coverage On Opendoor Technologies with Equal-Weight Rating, Announces Price Target of $4.25 $OPEN
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@DatadoorIO
Datadoor.io
18 days
Opendoor launched new advanced data capabilities for sellers $OPEN 👀 Including predicted home value based on seasonality. What do you think?
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@DatadoorIO
Datadoor.io
2 years
Releasing a new article on Opendoor's marketshare growth on Monday, June 6, for all @DatadoorIO subscribers. Analysis will cover both OG and newly launched markets. We also look ahead to future $OPEN market primes. Happy weekend!
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@DatadoorIO
Datadoor.io
8 months
$OPEN is live-streaming someone selling a home live on Opendoor during the Super-Bowl half-time.
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@DatadoorIO
Datadoor.io
8 months
Today's appearance of Opendoor CEO Carrie Wheeler at the Morgan Stanley Technology Conference $OPEN
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@DatadoorIO
Datadoor.io
2 years
Opendoor posted double digit gross margins in 59 out of 65 Opendoor metro areas in Q2. $OPEN
@Tyler_Okland_MD
Tyler Okland, MD
2 years
In Q2 Opendoor posted double digit margins in each and every market in which it sold 100+ homes. Definitely something. $OPEN
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@DatadoorIO
Datadoor.io
2 years
BREAKING NEWS: $OPEN buying back $186M of it's convertible senior notes due 2026 at a 46.5% discount. 💰
@thomasrice_au
Thomas Rice
2 years
$OPEN buying back some of their converts at a 46% discount; guess they must be pretty confident of their cash position.
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@DatadoorIO
Datadoor.io
3 months
Opendoor is reporting earnings today after close. We provided $OPEN Q2'2024 estimates to Datadoor Atoms subscribers over 1m ago. Here are our finalized estimates for earnings day. Make sure to join our Discord Server for a healthy discussion with the community after ER.
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@DatadoorIO
Datadoor.io
1 month
$OPEN CEO Carrie Wheeler at Goldman Sachs Communacopia + Technology Conference 2024 Topics covered: * List with Opendoor rollout * Partnership Channels * Opendoor's acquisition strategy * Current housing market * Cost cutting & more You can also find the full thing on Youtube.
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@DatadoorIO
Datadoor.io
1 month
In 2024, 28% of sellers in Opendoor’s $650B buy-box that went on to list or sell their homes, have entered their address on their website to receive an offer. More than 1/4 of sellers come to $OPEN first.
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@DatadoorIO
Datadoor.io
6 months
Eric Feder, President at Lennar, joins Opendoor Board of Directors $OPEN “Eric is a seasoned executive in residential real estate and will bring his deep industry and operating expertise to our team. We look forward to leveraging his insights into the housing sector, capital
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@DatadoorIO
Datadoor.io
1 year
$OPEN to report Q3 2023 earnings on November 2nd, 2023. Are we excited?
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@DatadoorIO
Datadoor.io
2 years
"Opendoor can demonstrate outsized growth over the coming decade simply by launching new geographies – where there exists no competition besides a broken, analog, offline experience." $OPEN
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@DatadoorIO
Datadoor.io
2 years
“As of March 13, 2023, approximately 98% of our total cash, cash equivalents and restricted cash is held at the nation's four largest banks.” $OPEN
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@DatadoorIO
Datadoor.io
1 month
Opendoor Exclusives is expanding to Raleigh and Charlotte. Making it now available in 5 out of 50 markets 👀 $OPEN
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@DatadoorIO
Datadoor.io
1 year
In the current market home buyers expect move-in ready homes and avoid additional costs after purchase. $OPEN published an article describing how they upgraded their repair and renovation program using computer-vision and machine learning allowing them to optimize spend on
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@DatadoorIO
Datadoor.io
1 year
$OPEN renovated over 2,500 of their long-held inventory since Q4. They are now hiring more Home Designers to "pursue residential real estate design solutions with creativity, while balancing speed an efficiency". Is Opendoor getting closer to the ultimate real estate e-commerce
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@OpendoorBull
Opendoor Bull
1 year
Exciting times ahead: New home designer job listing for Opendoor $open
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@DatadoorIO
Datadoor.io
4 months
👀 $OPEN ‘s first integration directly into an MLS!
@Opendoor
Opendoor
4 months
Today we launched a first-of-its-kind partnership with @mystatemls that gives their agent members an easier way to service their clients + gives consumers more choice and control in their selling journey. Read more: 🔗
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@DatadoorIO
Datadoor.io
3 months
Opendoor is spinning out “Open Exchange”, their institutional SFR platform as aN independent company called “Mainstay”. Backed by Khosla Ventures. $OPEN
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@DatadoorIO
Datadoor.io
1 year
$OPEN comments on the recent NAR ruling.
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@DatadoorIO
Datadoor.io
7 months
Opendoor CEO, Carrie Wheeler published a blog lost on how the NAR will impact $OPEN and their partner agents.
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@DatadoorIO
Datadoor.io
2 years
@BahamaBen9 Just so you know, Opendoor made $6,635k on this house. (5% fee on $446,700 means they bought it for $424,365). You need to learn how to accurately examine the business before you post things like this! $OPEN
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@DatadoorIO
Datadoor.io
2 years
🚪$OPEN is hiring to launch "Buy with Opendoor" in 5 new markets: * Columbia, SC * Greensboro/Winston-Salem, NC * Minneapolish-St.Paul, MN * Nashville, TN * Salt Lake City, UT
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@DatadoorIO
Datadoor.io
2 years
Tomorrow is the last day of Q2 2022. Per tradition, we will be sharing access to our detailed estimates of Opendoor's Q2 earnings to Datadoor Atoms subscribers. Q2 estimates go live at 7 AM ET tomorrow. $OPEN
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@DatadoorIO
Datadoor.io
1 year
UBS initiated covering of $OPEN with a neutral rating. > With a projection of 27,100 homes sold in 2025 and a 6.5% contribution margin, the company can achieve positive adjusted net income, UBS said. > Opendoor is likely to meet its target volumes and contribution margins by
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@DatadoorIO
Datadoor.io
1 year
$OPEN Opendoor to Report Q2 2023 Financial Results on August 3rd, 2023
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@DatadoorIO
Datadoor.io
2 years
🎧 We are back with a new episode of the Front Porch Podcast discussing all things $OPEN. 🚀Opendoor's pending sales skyrocketing 🏡 Is the housing market stabilizing? 👀 TaxProper Acquisition Now available on YouTube 🍿
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@DatadoorIO
Datadoor.io
1 year
Recording of Opendoor CEO Carrie Wheeler's appearance at today's Goldman Sachs Communacopia & Technology Conference $OPEN Carrie: I actually was sitting in this meeting with one of the major brokerages in the country and they said something that was amazing, which is as
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@DatadoorIO
Datadoor.io
2 years
Opendoor earnings weeks means charts 🧮 Here's the breakdown of where $OPEN sold homes in Q2. DFW has become their third prime market.
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@DatadoorIO
Datadoor.io
8 months
Looks like a success to me! Congrats to @Opendoor on the amazing execution. 👏🏻 Can’t wait to watch the impact of the campaign in the data.
@akfilmguy
alf
8 months
This just happened. #Super Bowl #opendoor
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@DatadoorIO
Datadoor.io
2 years
Since launching 10 days ago we have seen incredible demand for a community of Opendoor investors. So far: -10k views -800 user accounts -3,200 unique visitors -From 60 countries We will continue to build this into the town square for $OPEN content.
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@DatadoorIO
Datadoor.io
2 years
$OPEN launches Buy + Sell in 7 New Markets. As we discovered through job listings by us earlier this year, today Opendoor launches Buy + Sell in: Columbia South Carolina Greensboro-Winston Salem North Carolina Indianapolis, Indiana Las Vegas, Nevada Minneapolis-St.Paul,
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@DatadoorIO
Datadoor.io
1 year
Opendoor rolled out a new redesigned seller page for their Exclusives Marketplace in Texas. $OPEN Get a higher offer from pre-qualified buyers in 30 days, or we'll increase your Opendoor cash offer by $5,000.
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@DatadoorIO
Datadoor.io
2 months
$OPEN was born ready.
@Opendoor
Opendoor
2 months
Today marks changes for the Real Estate industry in America. For us, things stay exactly as they’ve always been: putting the consumer first. That's why we're dedicated to removing the complexity and uncertainty of buying or selling a home. Read more below.
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@DatadoorIO
Datadoor.io
1 year
$OPEN is reporting earnings next week Thursday. Record losses and layoffs. Is iBuying dead? The data says otherwise: Opendoor has sold or contracted 90% of it's catastrophic Q2 purchases. Read more about it in our final Q1'2023 estimates.👇🏻
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@DatadoorIO
Datadoor.io
2 years
Access to the Datadoor dashboard rolls out 8 AM PT tomorrow for the first 600 emails on the waitlist. More every day after. We will also email out finalized Opendoor Q1 estimates Wednesday night 🤓 $OPEN
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@DatadoorIO
Datadoor.io
11 months
Opendoor dropped a newly updated investor presentation deck on their IR website yesterday. Some real gems in there. $OPEN 👀We’ll do a deep-dive thread later this week.
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@DatadoorIO
Datadoor.io
2 years
$OPEN - Opendoor to Report Third Quarter 2022 Financial Results on November 3rd, 2022
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@DatadoorIO
Datadoor.io
1 year
Keith Rabois comments on Eric Wu’s recent sales of $OPEN shares:
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@DatadoorIO
Datadoor.io
1 year
How are we feeling today?
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@DatadoorIO
Datadoor.io
6 months
$OPEN filed it’s proxy statement for the upcoming shareholder vote including changes to executive compensation: - Cash bonuses for reaching Adjusted Net Income positive in 2024 - Performance-Based RSUs based on homes sold and acquired.
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@DatadoorIO
Datadoor.io
2 years
It's EARNINGS WEEK! 🧨 Here are Opendoor's top ten most profitable markets in Q2. $OPEN
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@DatadoorIO
Datadoor.io
2 years
Probably nothing.
@Opendoor
Opendoor
2 years
Hello Boston, Cincy and Albuquerque! We’re now available in your neck of the woods and in 50+ markets across the country. Looking to move? Buying, selling and moving with Opendoor is simple, certain and fast.
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@DatadoorIO
Datadoor.io
2 years
Opendoor already owns 11 homes in the Bay Area, valued at $13.6 million total. This is a much faster pace of scaling than historical cohorts. $OPEN
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@DatadoorIO
Datadoor.io
1 year
🧵 The most interesting charts from $OPEN Q3 shareholder letter. 1/ Total shareholder equity staying relatively stable with a lot of runway to get to cash-flow breakeven in 2024.
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