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Can Opendoor 2.0 Redefine iBuying Through AI and Automation?
ZACKS· 2025-11-19 01:21
Key Takeaways Opendoor is shifting to an AI-native model under new CEO Kaz Nejatian to improve iBuying economics.AI tools have cut home assessments to 10 minutes and slashed underwriting headcount from 11 to one.Weekly home buyouts nearly doubled by late October, fueling OPEN's inventory and buyer conversion flywheel.Opendoor Technologies Inc. (OPEN) is attempting one of the boldest resets in the history of iBuying. Under new CEO Kaz Nejatian, the company is abandoning the slow, consultant-driven operating ...