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Pricing Analyst

Opendoor

  • Phoenix, Arizona
  • 17 days ago

    Highlights

    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. 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.

    Numbers & Facts

    LocationPhoenix, Arizona
    IndustryReal Estate/Property Management
    Company Size100 to 499 employees
    Year Founded2014
    Websitehttp://opendoor.com

    Description

    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.

    What You'll Need

    • 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.

    Bonus Points if You Have

    • 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.


    Location
    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.

    #LI-RS1


    About Company

    At Opendoor, we’re on a mission to make it simple to buy and sell homes. The traditional process is broken, with an average home taking over 90 days to sell and costing thousands of dollars. We make buying and selling a home stress-free and instant. We’ve built an exceptional team, have raised over $300 million from top-notch investors and are growing fast, buying and selling more than $100 million of homes per month.

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