The two tech-oriented real estate companies announced Wednesday that their partnership is moving into nine new cities.

Redfin and Opendoor, which embarked on an iBuying partnership last summer, announced Wednesday that they are expanding their joint venture to nine new markets.

In a statement, Opendoor said that the move means Redfin customers will now be able to receive cash offers on their homes from Opendoor in Jacksonville, Orlando and Tampa, all in Florida, Minneapolis, Minnesota, Nashville, Tennessee, Charlotte and Raleigh, in North Carolina, and Tucson, Arizona.

Those markets are an expansion from Phoenix, Arizona, and Atlanta, Georgia, where the partnership first launched.

In all the markets, the partnership means that consumers “visiting Redfin’s website or mobile apps can request an instant offer from Opendoor as part of their home sale inquiry,” according to Opendoor’s statement.

“Redfin agents can then meet with the homeowner to advise them on the home selling process, and help them compare the benefits of selling on the open market versus an Opendoor cash offer,” the statement adds.

Glenn Kelman

Wednesday’s announcement of the expanded partnership coincided with the release of Redfin’s latest earnings report, which revealed that the company far exceeded analysts’ expectations. During a call with investors, Redfin CEO Glenn Kelman said that the partnership with Opendoor is “helping us solve instant demand” in places where the company’s own iBuying program — dubbed RedfinNow — doesn’t operate. He also said that the venture lets Redfin “capitalize interest without tying up money in houses.”

In its statement, Opendoor also indicated that it is so far satisfied working with Redfin.

“We remain committed to working with Redfin to create a seamless, hassle-free selling experience for homeowners,” Opendoor’s statement concluded, “and, with our growing partnership, we’re helping people unlock the freedom to move on their terms.”

Email Jim Dalrymple II

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription