OPEN Shifts From Risk Aversion to Volume: The Right iBuying Playbook?

Key Takeaways OPEN pivoted in Q3 2025 from defensive buying to a higher-velocity, market-maker iBuying model.OPEN said risk aversion hurt results as Q3 acquisitions fell to 1,169 homes, leaving older inventory.OPEN doubled weekly acquisitions using AI, while keeping operating costs structurally lower.Opendoor Technologies Inc. (OPEN) is rewriting its iBuying strategy after a prolonged period of extreme caution that prioritized risk control over transaction volume. The third-quarter 2025 earnings call marked ...