Full-Time

Research Scientist

Posted on 7/28/2025

Opendoor

Opendoor

1,001-5,000 employees

Technology-driven real estate transactions platform

Compensation Overview

$176k - $221k/yr

+ RSUs + Bonuses

Seattle, WA, USA + 2 more

More locations: San Francisco, CA, USA | Miami, FL, USA

In Person

Category
AI & Machine Learning (2)
,
Requirements
  • Strong software engineering and coding skills in Python, with experience contributing to production codebases
  • 5+ years of experience developing and deploying ML models end-to-end from research and prototyping to implementation in production systems
  • Hands-on experience with deep learning architectures, including ConvNets, Transformers, or similar
  • Advanced degree (MS or PhD) in computer science, statistics, mathematics, or a related quantitative field
  • Solid foundation in statistics and experimental design
  • Strong communication and collaboration skills youre comfortable working with cross-functional stakeholders and can communicate technical ideas clearly
Responsibilities
  • Design and deploy architectural improvements to our deep neural network (DNN)-based home valuation models
  • Build interpretable ML models that can help us explain pricing decisions to customers
  • Incorporate unstructured data like images, videos, or text into our forecasting and valuation pipelines using cutting-edge AI models (LLMs, VLMs, etc.)
  • Collaborate with Engineering and Ops to enhance our human-in-the-loop pricing systems
  • Improve the feature engineering and model training pipelines that power our production systems
  • Rethink our risk and optimization models using real-world data and domain insight
  • Were a small, nimble team there7s ample opportunity to work across the entire research and modeling stack.
Desired Qualifications
  • Familiarity with Pyspark and distributed data processing
  • Background in search, recommendation systems, or personalization
  • Experience working with large language models (LLMs) or vision-language models (VLMs)
  • A genuine interest in real estate no prior experience required, but youll engage deeply with housing data

Opendoor is a technology-driven real estate company that focuses on simplifying the process of buying and selling homes in the U.S. For sellers, it offers cash offers generated by proprietary algorithms and market data; if a seller accepts, Opendoor buys the home directly, allowing a quick, hassle-free sale without listing or negotiating. For buyers, it provides a user-friendly platform to browse homes, schedule self-guided tours, make offers, and complete purchases online, with the option to use their own agent. The company differentiates itself through data-powered valuation, direct purchase offers, and an integrated online-to-offline experience that makes transactions faster and less stressful. Its goal is to streamline real estate transactions—making it easier, faster, and more transparent for both buyers and sellers while expanding its market reach across the United States.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Homes held over 120 days fell from 51% to 10% under Opendoor 2.0 strategy.
  • $999M unrestricted cash funds AI underwriting and mortgage product launches.
  • Adjusted EBITDA profitable on 12-month basis starting Q2 2026 per guidance.

What critics are saying

  • Zillow undercuts Opendoor with deeper $2.8B cash reserves and brand dominance.
  • Aged inventory surges if mortgage rates exceed 7.5% within 12 months.
  • Opendoor Mortgage triggers regulatory fines from NMLS compliance failures by 2027.

What makes Opendoor unique

  • Opendoor delivers instant cash offers using proprietary AI algorithms for sellers.
  • Self-guided tours and Opendoor Checkout enable seamless buyer experiences across 40 states.
  • Doma acquisition automates closings, cutting refinance costs by $1,100 per loan.

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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

0%
Yahoo Finance
Apr 11th, 2026
Opendoor shares plunge 48% after Jim Cramer's meme stock warning proves prescient

Opendoor Technologies (NASDAQ:OPEN) has experienced extreme volatility since Jim Cramer called it a meme stock on 2nd April. The real estate marketplace technology company's shares surged 816% between Cramer's comments and 11th September, when the stock jumped 79% following the CEO's removal under hedge fund pressure. Former Spotify executive Kaz Nejatian was appointed as replacement. Since Cramer's initial warning, shares are down 48%. Year-to-date, the stock has fallen 29%, despite being up 335% over the past year. On 6th November, Opendoor closed 9.3% lower after reporting third-quarter results showing a $0.08 adjusted loss per share, missing analyst expectations of a $0.07 loss. Cramer had warned investors to exit the stock, stating they didn't "want to be in a meme stock.

Yahoo Finance
Apr 2nd, 2026
Opendoor launches Checkout in 40 states and builds in-house mortgage to boost home transaction volumes

Opendoor Technologies is expanding its platform to simplify home buying and drive transaction volumes. The company has launched Opendoor Checkout in 40 states, integrating mortgage preapproval, free cancellation, early move-in options and warranties into one platform. Opendoor is developing its own mortgage offering to reduce reliance on third-party providers and improve conversion rates. For sellers, the company introduced a Cash Plus guarantee allowing transaction reversals for a small restocking fee. In Q4 2025, Opendoor reported improvements in resale velocity and buyer experience. By combining buying, selling and financing services, the company aims to increase transaction volumes whilst improving efficiency. Opendoor faces competition from Zillow Group, which influences digital real estate through its Premier Agent network, and Offerpad Solutions, which operates with a localised iBuying strategy focused on pricing spreads and operational control.

CNBC
Mar 31st, 2026
Opendoor acquires Doma's closing business to cut mortgage refinance costs by $1,100 per loan

Opendoor is acquiring Doma's closing and escrow business to reduce mortgage refinancing costs, the companies told CNBC exclusively. Doma uses machine learning and AI to automate title searches and real estate closings. Terms were not disclosed. Since 2024, Doma's technology has been used in a Fannie Mae pilot programme that eliminates lender's title insurance requirements for about 80% of eligible low-risk refinance transactions. The programme was recently extended through 2027. However, closing costs beyond title insurance remain largely manual and expensive. Opendoor's technology can handle closings more efficiently and at lower prices than industry averages. Following the acquisition, 85 Doma employees will join Opendoor. The deal aims to save borrowers around $1,100 per refinance whilst maintaining zero defects.

Simple Mortgage
Mar 31st, 2026
Opendoor acquires doma's closing and escrow business in bid to lower mortgage refinance costs - CNBC.

Opendoor acquires doma's closing and escrow business in bid to lower mortgage refinance costs - CNBC.

Yahoo Finance
Mar 18th, 2026
Opendoor expands addressable market with flexible product revamp and nationwide coverage

Opendoor Technologies is revamping its product offering to expand its addressable market whilst reducing risk exposure. The company has shifted from a fixed model to a flexible structure where sellers choose upfront cash amounts with adjusted fees accordingly. The company introduced Cash Plus, a capital-light option allowing sellers to retain more price exposure whilst Opendoor earns fees with lower capital risk. Geographic coverage now extends to nearly all US homeowners, significantly expanding the potential customer pool. A new self-assessment tool enables sellers to submit property details without in-person visits, improving efficiency and volume capacity. Fourth-quarter 2025 results showed stronger demand trends with increased acquisition activity and improved resale velocity. Opendoor faces competition from Zillow Group, which influences digital real estate through its Premier Agent network, and Offerpad Solutions, which operates with a localised strategy focused on pricing spreads and operational control.

INACTIVE