Thinking about selling your house for cash in the Midlands? You’re probably comparing Restoration Homes and Opendoor. Restoration Homes is local — born and raised in Chapin, SC, buying houses across the Midlands since 2009. Opendoor is a national iBuyer that’s been around since 2014. Here’s how the two stack up.
Meet Both Companies
Restoration Homes vs Opendoor — Side by Side
| Restoration Homes | Opendoor | |
|---|---|---|
| Type of buyer | Local cash buyer (privately owned) | National iBuyer (NASDAQ: OPEN) |
| Headquarters | Chapin, SC | Tempe, AZ |
| Markets served | Lexington, Richland, Sumter, Newberry counties | 50+ U.S. markets |
| How offers are made | In-person walkthrough by our local team | Algorithm + in-person assessment |
| Service fee | None | Variable, shown in offer breakdown |
| Closing costs | We pay standard seller closing costs | Disclosed in offer |
| Houses in any condition | Yes — including damaged, hoarder, code-violation, and inherited properties | Excludes major structural, foundation, fire, or water damage; pre-1930 homes may not qualify |
| Closing timeline | As fast as 7 days | 14 to 60 days |
What They Have In Common
- Both make direct cash offers — no listing, no showings, no open houses
- Both let you pick a closing date that works for your timeline
- Both buy as-is at the agreed price — no repairs needed before closing
Where They Differ
- Restoration Homes is locally owned and operated in Chapin, SC, with hands-on knowledge of every Midlands neighborhood since 2009. Opendoor is a national iBuyer headquartered in Tempe, Arizona.
- Every Restoration Homes offer is built on an in-person walkthrough by our local team, so the price reflects exactly what your house looks like and what's happening in your neighborhood. Opendoor builds its preliminary offer with an automated valuation model first, then verifies the home in person later.
- Restoration Homes buys houses in any condition — fire and water damage, hoarder situations, code violations, deferred maintenance, and inherited estates included. Opendoor publicly states it does not buy mobile homes, multi-family buildings with 5+ units, or homes with major structural, foundation, fire, or water damage, and very old homes (pre-1930 in some markets) may not qualify.
- Restoration Homes charges no service fee and pays standard seller closing costs. Opendoor charges a service fee that varies by market and home, disclosed in the offer breakdown.
Common Questions
Get Your Free Cash Offer From Restoration Homes
No service fees. In-person walkthrough. Close in as little as 7 days.
Or call/text us (803) 590-8818
Opendoor® is a registered trademark of Opendoor Technologies Inc. This page is an independent comparison and is not affiliated with, endorsed by, or sponsored by Opendoor.

