Online Flipper Opendoor Buys Title Company to Expand Share of Market


Online flipping site Opendoor recently acquired OS National, a national title & escrow firm.  According to CNBC, the purchase allows them to integrate title, escrow and closings into their online buying & selling portfolio.  Last year they purchased Open Listings, an online real estate brokerage that focused exclusively on representing buyers.

“Title and escrow has always been a major pain point in the homebuying and -selling process,” an Opendoor spokeswoman told CNBC. “This acquisition will enable us to start mitigating that pain point with deeper integration with OSN.”

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Director of Education & Outreach, National Real Estate Investors Association