Pricing Analyst

Location

This is an in-person role in the Phoenix, AZ office. Candidates must be based within a 50-mile commuting distance of the office and able to be physically present in the office 4 days a week.

About the Role

As a Pricing Analyst, you will play an integral role in Opendoor's acquisition process, responsible for providing accurate valuations and risk assessments for Single Family Residential properties. Your expertise will contribute to fair, accurate, and competitive pricing of Opendoor homes. This role presents an excellent opportunity to build a solid foundation in Opendoor's pricing operations.

What You Will Do

• Analyze Property Pricing and Risk
• Assess individual homes for pricing decisions and risk evaluation, leveraging in-house tools and model outputs from the Pricing Technology teams, your expert validation and valuations will play a key role in the acquisition pricing process.
• Develop Market Expertise
• Gain in-depth knowledge of local market nuances to make informed pricing decisions and ensure homes are accurately and competitively priced.
• Collaborate cross-functionally with other teams - Engage with various teams, including sales and homes teams, to ensure fair and accurate pricing of properties.
• Work on Special Projects - Participate in projects focused on enhancing pricing operations. Collaborate with data science and engineering teams to improve pricing models and tools.
• Work as a cohesive unit with local management and the pricing team to drive pricing excellence.

What You Need

• Minimum 1 year’s experience in pricing strategy and/or analysis
• Detail-oriented with strong analytical skills to assess property valuations accurately.
• Experience in collaborating with stakeholders to ensure effective communication and alignment.
• Ability to articulate pricing insights and recommendations clearly.
• Excellent written, verbal, and interpersonal communication skills.

Bonus Points if You Have

• At least 3 - 5 years’ experience in pricing strategy and/or analysis
• Deep real estate industry experience, with at least 1 year of professional experience evaluating homes for price, value, and risk.
• Strong technical skills in Excel or SQL.

Compensation

Our compensation reflects the cost of labor across several U.S. geographic markets, and we pay differently based on those defined markets. The U.S. base pay range for this position in Phoenix, Arizona is $75,000 - $94,000 annually. Pay within this range varies by work location and may also depend on job-related knowledge, skills, and experience. Your recruiter can share more about the specific salary range for the job location during the hiring process. We also offer a comprehensive package of benefits including paid time off, 12 paid holidays per year, medical/dental/vision insurance, basic life insurance, and 401(k) to eligible employees.

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