Pricing Analyst at Opendoor

Arizona, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Real EstateIndustries

Requirements

Detail-oriented with strong analytical skills to assess property valuations accurately
Good technical skills, particularly in Excel or SQL
Experience in collaborating with stakeholders to ensure effective communication and alignment
Excellent written and verbal communication skills to articulate pricing insights and recommendations clearly
Deep real estate industry experience preferred, with at least 1 year of professional experience evaluating homes for price, value, and risk

Responsibilities

Analyze Property Pricing and Risk: Assess individual homes for pricing decisions and risk evaluation, leveraging in-house tools and model outputs from the Pricing Technology teams
Develop Market Expertise: Gain in-depth knowledge of local market nuances to make informed pricing decisions and ensure homes are accurately and competitively priced
Cross-functional Collaboration: Engage with various teams, including sales and homes teams, to ensure fair and accurate pricing of properties
Special Projects: Participate in projects focused on enhancing pricing operations. Collaborate with data science and engineering teams to improve pricing models and tools
Team Collaboration: Work as a cohesive unit with local management and the pricing team to drive pricing excellence

Skills

Key technologies and capabilities for this role

ExcelSQLProperty ValuationRisk AssessmentMarket AnalysisData Analysis

Questions & Answers

Common questions about this position

What is the work location for this Pricing Analyst role?

The role is located in Phoenix, Arizona, with work in Arizona.

What skills are required for the Pricing Analyst position?

Required skills include being detail-oriented with strong analytical skills, good technical skills in Excel or SQL, experience collaborating with stakeholders, and excellent written and verbal communication skills.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Opendoor?

Opendoor fosters a culture of problem solvers, innovators, and operators focused on reinventing real estate, with a value of Openness that emphasizes transparency and inclusivity without regard to race, color, religion, national origin, age, or sex.

What makes a strong candidate for this Pricing Analyst role?

A strong candidate has detail-oriented analytical skills, technical proficiency in Excel or SQL, collaboration experience, excellent communication, and bonus points for deep real estate experience with at least 1 year evaluating homes for price, value, and risk.

Opendoor

Technology-driven platform for buying and selling homes

About Opendoor

Opendoor simplifies the buying and selling of homes in the U.S. residential real estate market. For sellers, it offers a quick process where they can request a cash offer by providing property details. Using proprietary algorithms and market data, Opendoor generates a competitive offer, allowing sellers to avoid the traditional listing and negotiation hassles. For buyers, Opendoor provides a platform to browse homes and schedule self-guided tours, with the option to use their own agents. The company earns revenue through service fees from sellers and potential appreciation from homes it buys and resells. Opendoor's goal is to make real estate transactions more efficient and less stressful, while expanding its market presence and ensuring client safety.

San Francisco, CaliforniaHeadquarters

2014Year Founded

$2,023.2MTotal Funding

IPOCompany Stage

Data & Analytics, Real EstateIndustries

1,001-5,000Employees

Benefits

Happier workdays - Add a little fun to your workday with Pendo board game night, team karaoke, ping pong, or enjoy a local brew on our rooftop deck.

Health and wellness benefits - Generous health and wellness plans designed to meet the needs of you and your family, including medical, dental, and vision benefits.

Paid parental leave - Up to 16 weeks of paid parental leave, and a flexible schedule upon your return to help you make the most of those special moments.

Learning and development - In-house management development classes, guest speaker lunch and learns, and select conferences help keep talent sharp.

Flexible work hours and PTO - Enjoy the benefits of a flexible time off policy, flexible work hours, and paid parental leave.

Global offices - Work across the globe in the cities that we love like Raleigh, San Francisco, New York, Herzliya, Tokyo, London and Sheffield.

Risks

Increased competition from tech-driven traditional real estate firms may erode market share.

Recent layoffs could impact operational efficiency and service quality.

Strategic shifts from new executive appointments may not align with market demands.

Differentiation

Opendoor offers a seamless, quick, and transparent home buying and selling experience.

The company uses proprietary algorithms to provide competitive cash offers to sellers.

Opendoor's user-friendly platform allows self-guided home tours and online purchase completion.

Upsides

Growing consumer preference for digital transactions aligns with Opendoor's online platform.

AI-driven predictive analytics can enhance Opendoor's pricing algorithms for competitive offers.

Remote work trends expand Opendoor's market opportunities in suburban and rural areas.

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