New Opendoor CEO Kaz Nejatian: 'We ship every week' — AI, 50-year mortgages, and fixing homeownership

Opendoor has launched a 'Peace of Mind Guarantee' allowing buyers to return a home within seven days of moving in, no questions asked. The policy went from concept to live in approximately seven days, a turnaround CEO Kaz Nejatian cites as evidence of the company's accelerated shipping cadence under his leadership.

Nejatian is also backing a 50-year mortgage product as a structural fix for first-time buyers caught between rising home prices and outstanding student debt, positioning the extended amortization as a market-entry mechanism rather than a fringe financial instrument.

The segment reflects a broader strategic bet at Opendoor that speed of execution and product innovation, not just inventory or pricing, can differentiate the company in a still-depressed transaction market.

“We launched this thing we call peace of mind guarantee — you can buy a house from Opendoor, move in, and if you don't like it in the first seven days, just give the house back. From the second we thought we should do this to time it was live was about seven days. The fifty year mortgage allows you to get into the market while paying down your student debt.”