OpenDoor Coliving is an operator of coliving housing. OpenDoor Coliving helps coliving hosts market and manage their shared spaces.
Property owner hosts sign up for OpenDoor Coliving, and OpenDoor Coliving handles marketing services, such as posting on listing sites and pricing units, as well as property management services when a tenant is secured, such as rent collection, customer support, and maintenance.
According to most sources, OpenDoor Coliving charges a management and consulting fee to hosts for occupied units. OpenDoor Coliving also partners and invests with developers on new coliving projects
OpenDoor Coliving likely generates most of its revenue from management fees or premiums on rent over predetermined lease prices.
OpenDoor Coliving is privately held.