We just got a offer from opendoor. We had already checked with a competitor. The beginning offer was low. It was 462k. After the outside inspection the starting point was 471k. There were the 5% fee, .5% closing of 2500 and repairs of over 7000. Dont know where that amount comes from. No one has been inside. The final offer was 438k. We had already looked into a competitor and got an initial offer of 486k. They have the 5% fee but no other closing costs. Haven't had inspection yet, but they already started out 15000 + the 2500 open door wants in closing cost. Essentially 17500 higher. Don't understand opendoor and how they do business, other than lowballing...