How Opendoor founder Eric Wu got started in real estate

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Opendoor CEO Eric Wu said if the San Francisco-based startup had known just how high demand is from buyers wanting to trade-in their existing home for a new one, the company would have started.

Opendoor, the online real estate marketplace, announced on Tuesday (Sept. and we are excited to now bring that same simplicity to buying a home,” said Eric Wu, founder and CEO of Opendoor, in.

Opendoor’s founder and CEO, Eric Wu, bought his first house at 19 and was instantly hooked. He bought 20 homes within the next three years and went on to start two real estate technology companies. After selling the second company to Trulia, he served as head of product and had the opportunity to talk to people every day about their.

"There’s that fear that you’re going to purchase a lemon," Opendoor co-founder and CEO Eric Wu told Fortune. In the event of a downturn in the real estate market, Opendoor could find.

Eric Wu, founder of the real estate start-up Opendoor that lets users buy and sell their homes online, first broke into the industry back in college, when he used his scholarship money to buy. "Ninety-plus percent of home searches start online, but it’s still pretty painful to view a home," Opendoor’s Wu told Fortune.

One-Click home sales: opendoor ceo eric wu’s Vision Julian Hebron | March 19, 2018 SF Business Times last week asked Opendoor CEO Eric Wu if the capital intensive nature of buying homes from consumers and selling them later is a challenge, and he said this:

Opendoor was founded by former founder Eric Wu, and former PayPal, Slide, and Square executive Keith Rabois. A recent press release says that Opendoor is handling million dollars in transactions per month and has raised an additional $210 million dollars to expand to 10 new cities this year.

$1.6 trillion worth real estate transactions close in the U.S., and iBuying accounts for less than 1 percent of them. For that to change, Opendoor founder and CEO Eric Wu needs to change a lot of.

Eric Wu is co-founder and CEO of Opendoor, a consumer technology company that is re-inventing how people buy and sell real estate. Prior to Opendoor, Eric was the founder and CEO of, a.

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