Opendoor.com currently has no competitors in the market.

Opendoor.com

Opendoor.com is an online real estate platform that simplifies the process of buying and selling homes through direct digital transactions.

Competitors

Competitors are companies or entities that offer similar goods or services within the same market, vying for the same customer base.

Comprehend the evolution and existing patterns in IT applications across commercial entities.
Gain insight into how information technology affects business innovation and the establishment of a competitive edge.

Verified Answer

Final Answer :

False

Explanation :

Opendoor.com operates in the iBuying industry, which has several competitors, including Zillow Offers, RedfinNow, and Offerpad, among others.

Learning Objectives

Comprehend the evolution and existing patterns in IT applications across commercial entities.
Gain insight into how information technology affects business innovation and the establishment of a competitive edge.