Resource
Net Proceeds Comparison Calculator
Opendoor’s homebuilder partners and their customers can use this tool to estimate net proceeds from selling a home to Opendoor vs. the traditional way.
Offer price
$
$
Mortgage payoff
Enter your outstanding loan balance here.$
$
Estimated days to find a buyer
In a traditional sale, the number of days your home is on the market will vary.Sold directly to Opendoor
Days to close transaction
You choose the exact close date with Opendoor.3 to 270 days
Opendoor service charge
This lets you skip the costs and stress of the listing process.Not applicable
Real estate agent fees
Commission fees often total 5-6% of the purchase price, but varies by home.No agent fees
Repairs
This is included in our final offer. We handle the work to get your home market ready.$
$
Seller concessions
Buyers may ask sellers to pay costs such as inspection fees, transfer taxes, and more.No fees or taxes
Title, escrow, notary, and transfer tax
Closing costs are a part of every sale, and are usually 1% to 3% of the purchase price.HOA transfer fee
If your home is part of an HOA, you may have a transfer fee. The average is $250.$
$
Month(s) renting
In a traditional sale, you may need to live in a rental between your transactions.Flexible close date
Monthly rental cost
We’ve estimated $1,100 a month based on national averages, but this varies by area.No rental costs
$
This calculator is offered for educational purposes only. All costs are estimates and no guarantee is made that all possible costs have been included.
Opendoor net proceeds
$282,000
Traditional net proceeds