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Opendoor vs. Purplebricks

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OpendoorPurplebricks
as of 05/21/2018
as of 09/15/2018
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Comparing different models Opendoor buys your home directly from you while Purplebricks offers a discount online service to sell your home.

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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What is Purplebricks

Purplebricks is an online real estate agency that will help you sell your home for a low flat fee. They are an international company, selling homes in the United Kingdom, Australia, and expanding into the United States, starting with California. With Purplebricks, you will work with a local real estate agent from listing to closing, along with 24/7 support from a remote team.

How Purplebricks works

  • Book a free valuation and Purple Bricks will perform a comparative market analysis to price you home
  • You will receive a yard sign and lockbox for showings
  • Your home will be listed on the MLS and syndicated to other online listing sites
  • Showings will be booked on Purplebrick's end to end platform that allow showings to be booked instantly
  • As buyers or their agents can make offers through Purplebricks' platform, you will be the first to see your offers as soon as they are made
  • You or your Purplebricks agent can negotiate back and forth with the buyers 24/7 through their online platform
  • Your agent will guide you through escrow and closing
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Compare services

Service offerings by Opendoor compared to Purplebricks
Service
Opendoor
Purplebricks
Home Purchase
In-Home Consultation
In-Person Agent Assistance
MLS Listing
Listing Syndication
Online Listing (Zillow, Trulia, etc.)