Opendoor announces partnership with My State MLS
Opendoor
has
partnered
with
nationwide
multiple
listing
service
My
State
MLS
to
equip
more
than
60,000
agents
in
each
of
the
50-plus
markets
Opendoor
serves
with
access
to
the
iBuyer’s
cash-offer
solution.
My
State
MLS
is
a
nationwide
multiple
listing
service
that
allows
members
to
list
and
search
properties
anywhere
in
the
U.S.
According
to
a
news
release,
through
the
partnership,
My
State
MLS
agent
members
will
be
able
to
receive
estimated
cash
offers
on
qualifying
properties
within
minutes
to
present
to
their
clients.
Agents
who
are
members
of
My
State
MLS
will
be
able
to
enter
their
seller’s
address
into
the
MLS
system,
and
after
answering
a
few
questions,
receive
a
preliminary
cash-offer
estimate
from
Opendoor
to
review
with
their
client.
If
the
seller
chooses
to
pursue
Opendoor’s
offer,
they
will
then
be
directed
to
Opendoor
to
continue
the
process.
In
the
release,
Opendoor
states
that
My
State
MLS
agents
will
have
the
option
to
refer
or
represent
their
seller
in
the
transaction.
In
doing
so,
the
agent
will
receive
the
final
Opendoor
offer
within
a
few
days
and
can
work
with
their
seller
to
choose
a
closing
date.
Additionally,
My
State
MLS
agents
are
eligible
to
receive
a
commission
on
successfully
closed
transactions
in
which
they
refer
or
represent
sellers.
This
is
the
second
major
iBuyer
partnership
announced
this
week.
On
Tuesday,
Offerpad
announced
that
it
was
integrating
with
Realtor.com.
According
to
the
firms,
the
integration
will
allow
Offerpad
to
provide
a
cash
offer
to
more
sellers
and
will
extend
Offerpad’s
reach
to
a
larger
audience
of
potential
sellers.
Offerpad
is
currently
operational
in
25
markets.
In
2022,
Opendoor
partnered
with
Zillow,
and
in
February
2024,
it
launched
a
partnership
with
eXp
Realty.
Related