"Finally someone has taken a hard look at this process and dreamed up a better way. Open Listings, a company that disrupts the ancient and tedious process of finding a home, making an offer, and closing on a sale, launched its services in Austin."
"Open Listings decided to make it easier for the buyer, opting to marry the convenience of online shopping with the cost-cutting measures that come with cutting out the middleman. Touted as “a TurboTax for real estate,” the platform allows buyers to save on commission costs."
"A matchmaking service of sorts is now available to homebuyers in Austin. [...] Buyers not only benefit from the expertise of a local real estate agent, but the buyer also receives a 50 percent refund on the agent’s 3 percent commission."
"The people who I had thought were our worst users turned out to be some of the best. They at least ‘cared’ enough to use the product and be vocal. Their early criticism actually helped us in the long-run because we could grow from it."
"Theirs is one of the only real estate apps in which buyers can make an offer directly from a phone. The app is now available in the Apple App store. As for those with Google Android smartphones, take heart."
Open Listings CEO Judd Schoenholtz on creating a self-service real estate market, promoting affordability & returning agent costs to buyers, reducing legacy bad behavior, & driving the future of housing.
"A new report from Open Listings reveals that workers at five major tech companies, including Apple, Facebook, and Google, would have to spend over 28% of their salary to pay a monthly mortgage on a home near work."
“When we say workers from Google or Apple would need to pay more than 30 percent of their income for a home nearby work, the reality is many of these workers wouldn’t be approved for a mortgage in the areas we analyzed,” says Judd Schoenholtz, Co-Founder and CEO of Open Listings.
"Looking to buy a new home but not sure where to start? Enter Open Listings—the all-in-one home buying site designed to give you an edge in any competitive market."
"(Open Listings) helped me buy a home in San Francisco. The entire process was so seamless and all happened digitally, which naturally, I loved. Over 95 percent of homes in the U.S. are still sold via traditional buyer and seller agents — which means there is a lot of market to capture since the Open Listings offering is better, cheaper and faster."
"It’s no surprise that good design and a stellar user experience has moved from “nice to have” to a top priority for nearly every company.There’s no way to fake it: customer empathy that actually impacts your business takes legwork, a willingness to listen, and a real desire to improve."
"That’s according to the Y-Combinator-backed real-estate startup Open Listings, which looked at median home sales prices near the headquarters (meaning within a 20-minute commute) of some of the Bay Area’s biggest and best-known tech companies."
"The region’s explosive housing costs are shutting out even the prosperous. 'These highly paid, highly coveted people that are being recruited from all over the country or the world … they’re unable to afford the housing that’s available nearby,' said Open Listings CEO Judd Schoenholtz."
"According to a survey from real estate company Open Listings, the average Silicon Valley software engineer at a successful company like Apple — with a $188,000 salary — is struggling to afford a home close to work."
"My founding team were driven to start Open Listings after having frustrating experiences with homebuying. Anyone who’s gone through the process knows that there are countless ways to improve it. Tech-savvy buyers don’t want an agent — they want a home."