Misc
Speed, certainty, simplicity
#1 reason sellers typically choose the GO!
50 days (think closing days).
How many days faster is a GO closing compared to a retail closing?
$5000 (refundable)
What does Open House charge for a leaseback?
2.5%
What is the general commission structure when using a local investor?
Virtual Investor Presentation
What does VIP stand for?
Monday - Friday / 9am-5pm
When are the Offer Specialists available?
40%
What percent of MSRE closings in Q2 where GO's?
5% Buyer Fee
What are the buyer/service fees for Opendoor Cash and Offerpad offers?
3.5% commission + 0.5% referral fee
What is the total commission from Opendoor Cash or Cash Plus?
3-4 Cash offers OR 5-7 Business days.
When do we schedule a VIP?
14 days
What is the soonest an investor can close?
Expires in 5 days
When does an Opendoor Cash/Cash Plus offer expire?
7% Program Fee
What are the buyer/service fees for Opendoor Cash Plus & Homeward?
84% Initial Cash Advance
What number is your commission based on with a Homeward or Cash Plus offer?
Stay neutral and optimistic
How should I aim to present the guaranteed offers?
Guaranteed Offer!
What is the single strongest marketing message that MSRE uses to drive leads?
When does a Homeward offer expire?
Washer and dryer do not convey but $750 to buyer if fridge does not convey
Which appliances does Opendoor request to stay?
First Sale
When do you get paid your commission with a Homeward or Cash Plus deal?
First 5 for agents under 120 days
How many VIP calls must be completed with an Offer Specialist?
Niros Vinuya
Who is the Lead Admin for Investor Team?
Seller certainty, faster pay, & productivity boost
Benefits of a GO
$17,500
Minimum program fee Opendoor or Homeward collects.
0% Buyer Agent Commission
How much does Open House and charge for a buyer agent commission?
Decision day!
What is a VIP?