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Coldwell Banker vs. Opendoor

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Coldwell BankerOpendoor
as of 08/01/2018
as of 05/21/2018
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Comparing different models Coldwell Banker offers a traditional brokerage service while Opendoor buys your home directly from you.

What is Coldwell Banker

Coldwell Banker is the oldest real estate franchise in North America. Founded in 1906, they now operate across 3,000 offices in 49 countries and territories.

How Coldwell Banker works

  • Search for a local real estate agent by entering your location
  • You can do some research on the various agents that show up by looking at their profile through Zillow or Yelp
  • Reach out by phone or email to the agent you'd like to hire to schedule a consultation.
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What is Opendoor

Opendoor purchases your home directly from you. You can sell your home without listing it on the market and close on your own timeline. It is free to request a no-obligation offer from Opendoor. Offers are based on unique details and features of your home, recent comparable home sales around you, and market conditions and trends. If you are looking to buy, you can browse Opendoor's inventory and easily make an offer through their app or by getting in touch.

How Opendoor works

  • Request an offer from Opendoor, and receive an offer based on market data and unique information about your home.
  • Opendoor arranges a free home assessment. If there are needed repairs, you can take care of them or Opendoor will do the work and deduct the costs.
  • Set a closing timeline, and a title and escrow agent will set a time for you to sign the necessary documents. Opendoor will visit the home in a final walkthrough to make sure the home is still in the same condition.
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Service offerings by Coldwell Banker compared to Opendoor
Service
Coldwell Banker
Opendoor
Comparative Market Analysis
MLS Listing
Open House
Physical Marketing Materials
Full Service
In-Person Agent Assistance