Real estate tech firm Opendoor gets cash infusion from SoftBank

Erika Beras Sep 28, 2018
Share Now on:
HTML EMBED:
COPY

Real estate tech firm Opendoor gets cash infusion from SoftBank

Erika Beras Sep 28, 2018
Share Now on:
HTML EMBED:
COPY

Here’s a very different way to sell a home from the usual: Go to a website. Plug in your address. Answer a few questions about the house. And wait about 24 hours to see if you get a cash offer. A handful of companies are buying up houses this way, including Zillow. The biggest player though, is Opendoor, which just collected a $400 million investment from Japanese conglomerate SoftBank. 

Click the audio player above to hear the full story. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.