Software Engineer, Opendoor
Fullstack
$143.2-179k
End-to-end online platform for selling and buying homes
Open for applications
End-to-end online platform for selling and buying homes
1001+ employees
Open for applications
$143.2-179k
1001+ employees
Company mission
To empower everyone with the freedom to move by giving people an easy way to buy, sell, and trade in their homes.
Role
Who you are
- Experience: Proven experience as a Software Engineer, with a strong track record of technical leadership and impactful contributions. A track record of 3+ years of software engineering experience building consumer products
- Technical Skills: Proven expertise in our stack: Javascript/TypeScript with React on the frontend, and one backend language (we focus on Ruby and Go). Experience with NextJS or Remix preferred
- Product Sense: Ability to make data-driven product decisions, working with Product and various stakeholders to build products that start and end with the customer
Desirable
- Experience crafting engaging mobile apps with React Native, or iOS and Android native technologies
- Early stage startup experience
What the job involves
- The Marketplace team is looking for a software engineer to help build out the future of real estate
- This role will involve collaborating across functions to dream up, build, and release new features that drive learnings and delight our customers
- This is a full-stack role, involving building extraordinary user experiences on the frontend while creating reliable backend services to support the growth of the team
- Work with product and design to evaluate, solution, and implement new features, driving the full development lifecycle from idea to release across the frontend and backend
- Mentor and coach other engineers, sharing best practices around coding and architecture that support a business at an early growth stage
- Take part in code reviews and architectural discussions as you work with other software engineers, UX designers, and product managers
- Continuously discover, evaluate, and implement new technologies to improve development velocity and iteration speed
Our take
Opendoor makes selling homes easy and stress-free by cutting out the prolonged processing time usually involved with a sale. Sellers can offload a house quickly and easily to the company for cash and a 6-9% fee. Currently operating in a growing number of markets nationwide, Opendoor has chimed well with millennials who gel quickly with online businesses that offer solutions to problems they encounter.
This buying and selling model doesn't come without risk. The longer Opendoor keeps a property, the lower its profit margin. However, Opendoor's performance has been anything but disappointing; it went public in 2021, with its pre-SPAC merger presentation calling for $3.5 billion in revenue. Its actual revenue trounced it, coming in at $8 billion - more than double its estimate.
Opendoor's largest competitor Zillow dropped out of the space in late 2021 because it struggled to price the homes it acquired accurately. Opendoor's closest remaining competitor is Offerpad, which does just a fraction of the transaction volume that Opendoor does. With strong earnings coming out of 2022, if Opendoor can continue to ride on this success long term it will have an enormous lead on existing and future competitors, giving it a shot to become the overwhelming market leader.
Steph
Company Specialist
Insights
-19% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Mar 2019
$300m
SERIES F
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Full medical, dental, and vision with optional 85% coverage for dependents
- Flexible vacation policy
- Generous parental leave
- Paid time off to volunteer
Company values
- Start and End with the Customer: We invent, build, and execute to improve the lives of our customers. We put in the hard work when no one is looking to delight customers
- Act from Ownership: When we see a problem, we roll up our sleeves and fix it. We hold ourselves accountable because it’s our home and it’s our responsibility to take care of it
- Build Openness: We are open, honest, and direct about problems and seek the truth. We assume good intentions and treat feedback as a gift
- 1% Better Every Day: We value a growth mindset and operate from a place of humility. We are energized by constantly improving
- Startup Mentality: We move fast, operate with urgency, and bias towards action without sacrificing quality. We are relentlessly resourceful
- One Team, One Dream: Our superpower is a diverse community that combines technology + operational excellence and talent + respect. We work through seams and we care for each other professionally and personally
- Results Matter: We focus on outputs and outcomes and hold ourselves accountable to hitting ambitious goals. We have a high quality bar and pay attention to the pixels, words, and results
- Celebrate Moments: We work tirelessly for our customers and teammates so we take the time to celebrate moments large and small
Company HQ
Financial District, San Francisco, CA
Articles
Leadership
Eric Wu
(President)Having studied at the University of Arizona, Eric founded the Real Estate Fund in 2002, before co-founding RentAdvisor.com and Movity.com. He served for 2 years as Head of Geo/Social Products at Trulia.com before co-founding Opendoor in April 2014.
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