Location
This is an in-person role in the Phoenix, AZ office. Candidates must be based within a 50-mile commuting distance of the office and able to be physically present in the office 4 days a week.
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 Will 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 Will 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.
Compensation
Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. The U.S. base pay range for this position in Phoenix, Arizona is $75,000 - $94,000 annually. Pay within this range varies by work location and may also depend on job-related knowledge, skills, and experience. This position is also eligible for future equity refreshers. Your recruiter can share more about the specific salary range for the job location during the hiring process. We also offer a comprehensive package of benefits including paid time off, 12 paid holidays per year, medical/dental/vision insurance, basic life insurance, and 401(k) to eligible employees.
At Opendoor our mission is to tilt the world in favor of homeowners and those who aim to become one. Homeownership matters. It's how people build wealth, stability, and community. It's how families put down roots, how neighborhoods strengthen, how the future gets built. We're building the modern system of homeownership giving people the freedom to buy and sell on their own terms. We’ve built an end-to-end online experience that has already helped thousands of people and we’re just getting started.
