{"id":1913,"date":"2018-06-15T21:56:00","date_gmt":"2018-06-15T21:56:00","guid":{"rendered":"https:\/\/www.realtrends.com\/blog\/2018\/06\/15\/opendoor-raises-millions-nationwide-expansion\/"},"modified":"2025-03-13T02:33:55","modified_gmt":"2025-03-13T02:33:55","slug":"opendoor-raises-millions-nationwide-expansion","status":"publish","type":"post","link":"https:\/\/www.realtrends.com\/blog\/2018\/06\/15\/opendoor-raises-millions-nationwide-expansion\/","title":{"rendered":"Opendoor Plan Nationwide Expansion by 2020"},"content":{"rendered":"

Opendoor raises $325 million and plans nationwide expansion. Direct homebuyer plots expansion into 50 markets by 2020<\/h1>\n

Opendoor<\/strong><\/a>, an online marketplace that buys homes directly from homeowners, announced Wednesday that it secured $325 million in new funding and is planning a nationwide expansion of its homebuying platform.<\/p>\n

<\/p>\n

Opendoor<\/a> buys homes directly from sellers, makes the necessary repairs and improvements, then turns around and sell the houses on its own marketplace.<\/p>\n

Opendoor\u2019s $325 million Series E funding round comes just 18 months after the company raised $210 million<\/a> in its Series D round of funding.<\/p>\n

READ: Can Opendoor Continue To Dominate The IBuyer Market With Impeding Competition?<\/a><\/h5>\n

Since then, the company expanded into new markets and launched a foray<\/a> into mortgages as well.<\/p>\n

Opendoor first began buying and selling houses in Phoenix and Dallas-Fort Worth in 2014, and is now operating in 10 markets, including Atlanta, Charlotte, Dallas-Fort Worth, Las Vegas, Nashville, Orlando, Phoenix, Raleigh-Durham, Tampa, and San Antonio.<\/p>\n

READ FULL ARTICLE HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Opendoor raises $325 million and plans nationwide expansion. Direct homebuyer plots expansion into 50 markets by 2020 Opendoor, an online marketplace that buys homes directly from homeowners, announced Wednesday that it secured $325 million in new funding and is planning a nationwide expansion of its homebuying platform.<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[],"class_list":["post-1913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nOpendoor Plan Nationwide Expansion by 2020<\/title>\n<meta name=\"description\" content=\"Opendoor raises $325 million and plans nationwide expansion. Direct homebuyer plots expansion into 50 markets by 2020. 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