What are the responsibilities and job description for the Pricing Analyst position at Opendoor?
About Opendoor
At Opendoor our mission is to tilt the world in favor of homeowners and those who aim to become one. Homeownership matters. It's how people build wealth, stability, and community. It's how families put down roots, how neighborhoods strengthen, how the future gets built. We're building the modern system of homeownership giving people the freedom to buy and sell on their own terms. We’ve built an end-to-end online experience that has already helped thousands of people and we’re just getting started.
About The Role
As a Pricing Analyst, you will play an integral role in Opendoor's acquisition process, responsible for providing accurate valuations and risk assessments for Single Family Residential properties. Your expertise will contribute to fair, accurate, and competitive pricing of Opendoor homes. This is a fast-paced, technology-driven role where your ability to adapt, learn quickly, and make sound pricing judgments will be the key to your success.
What You'll Do
This role is based in one of our offices, in-person four days per week. We're looking for candidates who are enthusiastic about an in-office culture; people who want to build alongside their teammates, not from a distance.
At Opendoor our mission is to tilt the world in favor of homeowners and those who aim to become one. Homeownership matters. It's how people build wealth, stability, and community. It's how families put down roots, how neighborhoods strengthen, how the future gets built. We're building the modern system of homeownership giving people the freedom to buy and sell on their own terms. We’ve built an end-to-end online experience that has already helped thousands of people and we’re just getting started.
About The Role
As a Pricing Analyst, you will play an integral role in Opendoor's acquisition process, responsible for providing accurate valuations and risk assessments for Single Family Residential properties. Your expertise will contribute to fair, accurate, and competitive pricing of Opendoor homes. This is a fast-paced, technology-driven role where your ability to adapt, learn quickly, and make sound pricing judgments will be the key to your success.
What You'll Do
- Assess individual homes for pricing decisions and risk evaluation, leveraging in-house tools and model outputs from the Pricing Technology teams to efficiently and accurately value homes. Your expert validation and valuations will play a key role in the acquisition pricing process.
- Gain in-depth knowledge of local market nuances to make informed pricing decisions and ensure homes are accurately and competitively priced.
- Engage with various teams, including sales and homes teams, to ensure fair and accurate pricing of properties.
- Participate in projects focused on enhancing pricing operations. Collaborate with data science and engineering teams to improve pricing models and tools.
- Work as a cohesive unit with local management and the pricing team to deliver consistent, high-quality valuations.
- A strong analytical or quantitative background, with experience in a valuation, real estate, or data-driven role.
- Detail-oriented with strong analytical skills to assess property valuations accurately.
- Ability to adapt quickly to technology-driven workflows and proprietary tools.
- Experience collaborating with stakeholders to ensure effective communication and alignment.
- Ability to articulate pricing insights and recommendations clearly.
- Excellent written, verbal, and interpersonal communication skills.
- Curiosity and openness to adopting AI tools as part of your day-to-day workflow.
- Experience in residential real estate, property valuation, or appraisal.
- A background in data analytics, financial modeling, or a quantitative discipline.
- Prior experience at a PropTech, iBuyer, or technology-driven real estate company.
- Strong technical skills in Excel or SQL.
This role is based in one of our offices, in-person four days per week. We're looking for candidates who are enthusiastic about an in-office culture; people who want to build alongside their teammates, not from a distance.