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Has anyone recently sold with open door? What's your experience?

Our current situation -

We recently purchased a home with a bridge loan, using our current home as collateral, with the understanding that our current home would sell to pay off the bridge and move new home into permanent financing. We are having trouble selling that current home due to the market (I really don't need people telling me we made a stupid decision, I already understand the position that I am in and just looking for guidance).

We have enough equity in the current listed home that we are willing to take a pay cut just to get out of this situation before the market gets worse, as a lot of data is projecting. The home we are trying to sell was built in 2021. No upgrades or significant repairs needed.

We are exploring OpenDoor, and would like any and all experiences with them. Am I crazy for looking at this as an option, or have people really had good success with them?

submitted by /u/Helpful-Plankton751
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/1x6o86p/has_anyone_recently_sold_with_open_door_whats/
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