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Monday, March 1, 2021

LA-based homebuying platform launches in Dallas, Denton counties

After launching in Austin in March, Los Angeles-based homebuying platform Open Listings has expanded its footprint in Texas to Dallas and Denton counties.

Through the Open Listings website or app, people searching for homes for sale in Dallas and Denton counties can make a personalized real-time feed of listings, schedule house tours on-demand, and create offers on any home. Buyers then get paired with a local real estate agent. According to the company, homebuyers receive a 50 percent refund on their agent’s commission when using Open Listings.

“We’re excited to bring Open Listings to Dallas homebuyers,” said Judd Schoenholtz, CEO and co-founder of Open Listings. “Our software makes an overly complicated process easy. Then, the best agents take homebuyers through the last mile of closing, which makes it possible to offer a refund 3-4 times more than other brokerages.”

Open Listings is one of several real estate startups that hopes to be disruptive in the real estate industry. Addison-based Door, for instance, uses salaried brokers to save on commission costs. Door founder Alex Doubet received the EY Entrepreneur Of The Year 2018 Southwest Region award in the Emerging Technology and Service category in June.

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