We were already in escrow to buy another home when a friend suggested we try an "ibuyer" to sell our existing home. We didn't want to deal with showing our house during COVID and wanted to sell quickly to avoid multiple months of double mortgages. So I reached out to Zillow and Opendoor for preliminary offers. Zillow's offer was weak... clearly behind what we knew we could get in this crazy seller's market, and we expected repair demands and an inspection. We didn't want to lose out. Opendoor, on the other hand, had a much higher preliminary offer. But we were skeptical. It seemed to good to be true...too easy. So we went looking for a selling realtor. Right before we signed with a listing agent, I got an update email from Opendoor, saying my preliminary offer had been increased. This piqued our interest, and we decided there was no harm in exploring the next steps. I set up the "inspection." Literally, all I had to do was walk around my house on a Zoom call with Sheldon from Opendoor, while he recorded the call and took photos. 30 minutes tops. The next day, someone came to the backyard and took photos for 5-10 minutes. I didn't even have to meet them. Two days later, we had a market-appropriate real offer in hand, with a limited request for a repair credit, and the ability to choose our own escrow date and rent back our own house if we needed more time. Again, we were skeptical. We'd just bought a house with a realtor and escrow took 45 days+, lots of headaches, and more paperwork than anyone wants to read. The Opendoor process seemed like there had to be a catch because it was too easy. But we filled out the requested paperwork on the Opendoor dashboard, and then just waited. We started getting worried that something was wrong because there was so little to do, and the contract provides opportunity for either side to get out at any point (i.e., limited earnest deposit, and different terms). We were so worried that we were missing something that we hired a real estate lawyer to look over the documents for a couple hours... just in case. But no red flags. We did submit some additional disclosures than were required in their dashboard, but that was just to try to do our best to comply with the requirements stated in the purchase agreement/ offer, even though Opendoor didn't ask for them. In any case, the couple hundred dollars we spent on the attorney was well worth it, as compared having to pay a percentage of the sale to an agent. In any case, we waited with baited breath on closing day. The house sold without a glitch and our proceeds deposited into our account. The process was more than fair, easy, fast, and we couldn't have been happier with the results. Thanks for helping us sell our house!