As the largest iBuyer in the United States, Opendoor makes selling a house much easier for homeowners by eliminating the need to:
- Open your home for showings
- Shop around for agents
- Negotiate with buyers
- Make repairs before selling
But while Opendoor may have the most brand recognition, it isn’t the only company that streamlines the home selling process. Opting for a competitor may save you money through a better offer, fewer repair deductions, or lower fees.
An offers marketplace like Clever Offers can save you a ton of time sourcing offers and figuring out your best options — which is why it's our top-rated Opendoor competitor. Compare the highest cash offers for your home and sell in as little as 7 days — no added fees or pressure to move forward.
7 Top Opendoor competitors for 2025
Best Opendoor competitors
- Best for finding top cash offers, fast: Clever Offers
- Best if you want flexible closing & perks: Offerpad
- Best for getting cash upfront, plus more when you list: Homeward
- Best if you need to buy before selling: Knock or Orchard
- Best if you'd prefer to work with a realtor: HomeLight Simple Sale
- Best if your home needs repairs: We Buy Houses
Clever Offers: Find the best cash offers, fast
- ⭐️ Customer rating: 4.9/5 (4,236 reviews)
- 💵 Service fees: None
- ⏳ Time to close: Varies
- 📍 Locations: Nationwide
- 🏆 Best for: Homeowners who want to explore their selling options so they can make an informed decision and find a deal that meets their needs
How it works: Clever Offers is an offers marketplace that lets you compare multiple cash offers from investors, iBuyers, buy-before-you-sell services, and more. Perks of choosing an offers marketplace include:
- Multiple offers
- Vetted buyers
- Professional support throughout the process
- No added fees
Getting multiple offers increases competition for your home and gives you a better chance at making the most on your sale. You also have the option to consult with a realtor from Clever's 5-star rated agent network to see how offers compare to your home's potential market value — all with no added fees or obligation to sign a listing agreement. The increased exposure and professional guidance could result in a much higher payout than a typical cash offer, without the hassle or lengthy commitment of a traditional home sale.
Clever Offers is free, and you’re not locked into using it if you don’t find the right fit. The company has excellent customer ratings on BBB, Google, and Trustpilot, and their team stays in touch throughout the transaction to ensure you're satisfied with the results of your home sale.
To get started with Clever Offers, you submit a quick form with details about your home. Then, let Clever's team find the best cash offer options available in your area.
Opendoor vs. Clever Offers: Clever Offers lets you evaluate multiple competing offers, giving sellers a simplified way to shop around. By contrast, Opendoor gives customers a straightforward take-it-or-leave-it offer.
Offerpad: Get the safety net of a backup cash offer
- ⭐️ Customer rating: 3.9/5 (2,615 reviews)
- 💵 Service fees: 8%
- ⏳ Time to close: 8-90 days, flexible
- 📍 Locations: Select markets in AZ, FL, GA, IN, NV, NC, OH, SC, TX
- 🏆 Best for: Sellers who want to list the traditional way with the safety net of a backup cash offer
How it works: Offerpad is a nationwide iBuyer offering sellers the option to choose between a straight cash offer or a traditional listing using a cash offer as backup. The company is known for offering some enticing perks, like a flexible 90-day closing window, free local moving assistance, and help with home prep when you decide to list with an Offerpad agent.
However, Offerpad’s fees hover at about 8% for a cash offer, plus deductions for repairs. If you opt for a traditional listing, you'll pay a standard brokerage fee of about 6%.
One thing to keep in mind is that Offerpad now requires you to meet with a HomePro (i.e., an Offerpad agent) during the inspection period to go over your selling options, which range from a cash offer to a traditional listing. If you're hoping to cut agents out of the process by working with an iBuyer, Offerpad may not be for you.
Opendoor vs. Offerpad: Both iBuyers follow a similar model and offer the option of a cash offer or listing with a partner agent. Offerpad wins if you need more time to close (90 vs. 60 days), but Opendoor charges a lower service fee (5% vs. Offerpad's 8%) and its final offer may be slightly higher. Opendoor also has a higher average customer rating base on online reviews.
Knock: Buy before you sell
- ⭐️ Customer rating: 4.78/5 (941 reviews)
- 💵 Service fees: 2.25% + $1,850 loan fee
- ⏳ Time to close: Varies
- 📍 Locations: Statewide in AL, AZ, CA, CO, DC, FL, GA, IL, KY, MD, MI, MN, NH, NJ, NC, OH, OR, PA, SC, TN, WA, WI
- 🏆 Best for: Sellers who need the equity from their current home to buy a new one
How it works: Knock makes it easier for homeowners to sell their homes and buy a new one through a short-term bridge loan. The loan lets you leverage your current home equity to cover a down payment and moving costs without waiting for your current home to sell. The loan also covers the expenses you need to float while listing your old home, such as:
- Ongoing mortgage payments
- Homeowner’s insurance
- Utilities and maintenance costs
- Repairs and updates
Knock's buy-before-you-sell model is especially beneficial for sellers who need to relocate quickly and can’t wait for their old home to sell before moving. Instead of selling to an iBuyer for less, you get to move when you're ready and list for full market value.
When your old home sells, you keep any additional profit over the cost of your bridge loan, but you also have to pay a 2.25% service fee (on the home’s listing price) and an $1,850 loan fee on top of your realtor fees. However, unlike competitors, Knock lets you list with the agent of your choice, so you can have more control over how the sale is handled.
Opendoor vs. Knock: Knock helps homeowners buy a new house upfront, then list their old home for full market value — something Opendoor doesn’t offer. However, Opendoor’s quick turnaround on closing cash offers may work better for some.
Homeward: Cash upfront + more when home sells
- ⭐️ Customer rating: 4.33/5 (1,367 reviews)
- 💵 Service fees: 7%
- ⏳ Time to close: 21 days for initial payout, up to 6 months to sell your home on the market
- 📍 Locations: Statewide in AZ, CO, DC, GA, MD, NC, OR, SC, TN, TX, VA, WA
- 🏆 Best for: Sellers who want to make an attractive cash offer on a new home without rushing the process of selling their old home
How it works: Homeward gives sellers up to 84% of their home’s value upfront, then lists the home on the market for maximum profit. The initial cash deal makes it possible for homeowners to:
- Make an attractive cash offer on a new home
- Close quickly
- Avoid sacrificing potential resale value
However, this convenience comes with a higher-than-average 7% service fee, and customers are responsible for covering Homeward’s carrying costs (ongoing mortgage payments, utilities, maintenance, repairs, taxes, etc.) until the old property sells. You’ll also be responsible for realtor fees, closing costs, and repair credits requested from the buyer.
Opendoor vs. Homeward: Opendoor charges lower fees and has a simpler process than Homeward, but Homeward’s model could potentially help you sell for closer to full market value.
Orchard: Get an equity advance to secure your next house
- ⭐️ Customer rating: 4.18/5 (794 reviews)
- 💵 Service fees: 2.4% + 6% brokerage fee
- ⏳ Time to close: 14-120 days
- 📍 Locations: Select markets in AZ, CA, CO, GA, TN, TX, WA
- 🏆 Best for: Homeowners with significant equity in their current home who want to upgrade or downsize
How it works: Orchard’s buy-before-you-sell model offers homeowners an interest-free equity advance on their current home, giving them the capital to make an attractive, non-contingent offer on a new home. Pros include:
- Stronger, more attractive offers on a new home
- Professional photography and home prep services
- Ability to sell your house for full market value after you move
- A backup cash offer if your old home doesn’t sell within a 120-day window
Selling through Orchard will cost you more than a traditional realtor, though. The company charges an extra 2.4% service fee on top of a 6% brokerage commission. You're also required to work with an Orchard agent to list your house, instead of having the freedom to choose your own. '
A final consideration is that Orchard's backup offer is worth less than full market value, which could be problematic if you're in a slow-moving market where homes may not sell within 120 days.
Opendoor vs. Orchard: Rather than providing an equity advance, Opendoor purchases your home outright. You don't get the additional upside from an open market sale, but the transaction is much faster and you won't be on the hook for covering double mortgage costs while waiting for your old house to sell.
HomeLight Simple Sale: Compare a cash offer to listing with an agent
- ⭐️ Customer rating: 4.11/5 (1,008 reviews)
- 💵 Service fees: None
- ⏳ Time to close: 10-30+ days
- 📍 Locations: Nationwide
- 🏆 Best for: Homeowners who want to consult a listing agent alongside a potential cash offer
How it works: Homelight Simple Sale connects homeowners with investors and agents to help them compare both options. Benefits of going with a cash offer through HomeLight include:
- No additional service fees
- Quick closing time (10-30 days)
- Ability to consult with an agent alongside getting a cash offer
HomeLight customers should expect cash offers around 60-80% below market value, which is typical of real estate investors. If you want more for their sale (and don’t mind taking more time), connecting with a HomeLight agent may be the best option.
One caveat to working with HomeLight is that (according to customer reviews) you will likely be connected with an agent in HomeLight's network, even if you're looking exclusively for cash offers. The company operates primarily as an agent matching service and makes money by selling leads to realtors.
Opendoor vs. HomeLight Simple Sale: Rather than a single take-it-or-leave-it-offer, HomeLight Simple Sale helps homeowners compare offers from local investors against the sale price they could reasonably expect with an agent. While HomeLight Simple Sale may be better suited for homeowners who need to offload a problem property fast, Opendoor’s iBuyer model may help better suited to homeowners properties in decent condition net more cash.
We Buy Houses: Help for hard-to-sell homes
- ⭐️ Customer rating: 4.8/5 (279 reviews)
- 💵 Service fees: None
- 📍 Locations: Nationwide
- ⏳ Time to close: 7-14 days+
- 🏆 Best for: Homeowners with distressed properties or urgent selling needs
How it works: We Buy Houses is one of the most well-established cash-for-homes networks, with more than 200 franchises across the United States. The company specializes in as-is purchases, which makes it attractive for homes that need considerable repairs or updating. It can also assist with urgent timelines due to a sudden life event or pending foreclosure. Perks include:
- Fast cash offers, often within 24 hours
- No additional fees or agent commissions
- No need to make repairs before selling
- Ability to close in as little as 7–14 days
Since We Buy Houses works as a real estate investor, offers are typically within a range of 60–80% of market value, minus repair costs. If you want to maximize profits on your home or only need a few repairs, you may want to look elsewhere.
Opendoor vs. We Buy Houses: Cash buyers like We Buy Houses offer quicker sales and purchase properties outside Opendoor’s scope. That said, homeowners may make more through Opendoor if their property meets the requirements.
Opendoor vs. a competitor: Which is right for you?
Working with Opendoor may be a good fit for sellers who want a quick, straightforward selling process. With Opendoor’s cash cash offer, you can bypass the traditional listing process altogether.
However, working with Opendoor comes with higher fees than other companies (5% plus around 1% closing costs), and offers often fall below market value. The iBuyer also has stricter purchase criteria than cash deal competitors.
Opting for an Opendoor competitor may work best for you if:
- You prioritize profit over a quick sale
- You have a distressed property or an older home that needs significant repairs before selling
- You want a more flexible approach than accepting a cash offer or working with a company-appointed realtor
It’s best to weigh the pros and cons of working with Opendoor against your priorities list to make sure the iBuyer meets your selling requirements. Shopping around to compare Opendoor competitors or using a free platform like Clever Offers to do a lot of that leg work for you can give you the assurance that you're making the right choice for selling your home.
FAQ
Does Opendoor pay a fair price?
Generally, Opendoor pays close to market value but deducts repair costs, a 5% service fee, and 1% in closing costs. After factoring in these extra fees, Opendoor’s offers could be lower than other cash home buying companies.
Is Offerpad better than Opendoor?
Offerpad offers more flexibility, but both companies have similar pricing structures. Choosing between the two often depends on which company’s buying incentives work best for your unique needs.
What happened to Zillow Offers?
Zillow shut down its iBuyer program in 2021. Opendoor is now Zillow’s official cash-buying partner.
How do 'We Buy Houses' companies compare?
'We buy houses' companies offer the fastest sales but the lowest prices. The real estate investors behind these companies need to earn a profit. Therefore, these typically offer only 60-80% of a home’s after repair value (it's estimated market value after improvements, minus costs).
