Full-Time

Principal Product Manager

Confirmed live in the last 24 hours

Opendoor

Opendoor

1,001-5,000 employees

Technology-driven platform for buying and selling homes

Compensation Overview

$197.6k - $247kAnnually

Senior, Expert

San Francisco, CA, USA

The job requires 2-3 days a week in the San Francisco office for team collaboration.

Category
Product Management
Product
Required Skills
Product Management
Requirements
  • 8+ years of tech industry product management experience.
  • Proven track record of building and delivering successful b2c/b2b products that scale, and customer experiences which delight.
  • Data-driven mindset with proven experience utilizing metrics & insights as tools for informed decision-making.
  • Outstanding storytelling and communication skills, with the ability to adapt your style as you work with others up, down, and alongside you in the organization.
  • Ability to leverage strong problem-solving and analytical skills to transform challenging user experience, business, and technology problems into actionable ideas.
  • Outstanding interpersonal and communication skills that bridge the gap between business and engineering.
  • Background in consumer-focused products, or products focused on SMB end-users.
Responsibilities
  • Define the roadmap and execute on initiatives focused on enabling a scalable, easy to use, and valuable experience for our partners and customers.
  • Be intimately connected and a champion for both our partners and customers.
  • Learn fast, fail fast mindset – move with speed leveraging lean methodology practices, while balancing short term partner opportunities with long term reusability and scale.
  • Own planning and end-to-end execution of features/programs working with business, product design, and engineering teams.
  • Leverage data and insights to drive quality partner and customer experiences.
Desired Qualifications
  • Subscription service or SaaS experience preferred.

Opendoor simplifies the buying and selling of homes in the U.S. residential real estate market. For sellers, the process begins with requesting a cash offer by providing property details. Opendoor uses its algorithms and market data to generate a competitive offer, allowing sellers to bypass traditional listing and negotiation hassles. For buyers, Opendoor offers 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 reselling homes. Opendoor's goal is to make real estate transactions more efficient and less stressful, while expanding its market presence and adapting to health and safety needs.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for digital real estate platforms boosts Opendoor's market potential.
  • AI and machine learning enhance Opendoor's property valuation accuracy.
  • Remote work trends increase demand for suburban real estate, benefiting Opendoor.

What critics are saying

  • Rising interest rates may slow Opendoor's home buying and selling processes.
  • Increased competition from iBuyer platforms could pressure Opendoor's market share.
  • Recent layoffs suggest potential financial instability within Opendoor.

What makes Opendoor unique

  • Opendoor offers instant cash offers, bypassing traditional real estate hassles.
  • The platform allows self-guided home tours, enhancing buyer convenience.
  • Opendoor uses proprietary algorithms for competitive home pricing.

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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.

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

1%

2 year growth

-1%
PYMNTS
Mar 7th, 2025
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Martha Stewart
Jan 9th, 2025
These Are the Most Popular Zip Codes and Hidden Gems of 2024, According to Opendoor

The online real estate company Opendoor has compiled a list of the top 20 hottest zip codes of 2024.

Inman
Dec 3rd, 2024
Opendoor campaign challenges winter homeselling myth

The "Confessions" campaign comes as a partnership between Opendoor and award-winning, New York-based independent agency L&C.

LBB Online
Nov 19th, 2024
Opendoor's Christmas Ad Challenges Off-Season Home Selling Tradition

To explore this shift - and the idea that any time of year is the right time to move - Opendoor is releasing a new ad titled 'Bright Lights.'

Inman
Nov 7th, 2024
Opendoor lays off 300 workers after posting $78M Q3 loss

Opendoor is laying off 300 employees - about 17 percent of its workforce - as it continues to cope with housing market headwinds, the company said Thursday in reporting a $78 million third quarter loss.