Opendoor, a direct-purchase firm that recently announced plans to expand employment in Arizona, now has a real estate partnership with the brokerage Redfin in the Phoenix area.
The new program gives home sellers working with Opendoor the option of requesting an offer through Redfin.
The partnership means homeowners either can list their properties on the market with a full-service Redfin agent, or they can receive a cash purchase offer from Opendoor and skip the listing process altogether.
The program is being offered now in the Phoenix and Atlanta areas, with possible expansion to other cities. The companies say the two services allow for simpler housing transactions with less hassle.
Opendoor recently said it will roughly double its Phoenix-area workforce to more than 500 employees next year by transferring existing staff from other offices around the country.
The company buys properties without requiring homeowners to list or show them, then makes repairs before putting them back on the market.
Opendoor currently counts 230 workers in Scottsdale, among more than 1,300 employees nationally. The company is headquartered in San Francisco.
Redfin, based in Seattle, promises full service to clients while providing lower transaction costs compared with traditional brokerage arrangements.
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