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how otto works

OTTO is changing real estate by allowing buyers and sellers to connect and make offers directly without any commitment or expensive commissions. 

Now Live in

20 States

ACCEPTING WAIT LIST

Nationwide

the buying process

1

search

Search the most comprehensive inventory of properties in your area that are open to the offer including off-market properties.

2

collaborate & prepare

Invite friends to help with your search, save & comment on homes, and get pre-approved to make offers on any home in your budget.

3

offer

If you see a home you love, make an offer! The owner has 72 hours to accept or decline your offer so you know the result ASAP.

4

details

Once both sides have accepted an offer, we will hire a real estate pro to help with paperwork and details.

5

5

inspection

Every home bought on OTTO is required to have an inspection to protect both parties. Small details may need to be negotiated here.

6

close

As the buyer buttons up their financing, both parties can pop some bubbly and get ready to celebrate their closing!

after-offer support

self service

FREE

  • Responsible for all tasks & negotiations

  • OTTO virtual assistant will notify you when key tasks are due

  • Portal to upload key documents for record keeping

  • Limited support

premium support

$495

  • Affordable expert support

  • Dedicated transaction consultant

  • All major tasks and negotiations handled on your behalf

  • Recommended to ensure a smooth process and reduce stress

RECOMMENDED

full service

3%   1% of purchase price

  • Dedicated support from a licensed real estate agent

  • All major tasks and negotiations handled on your behalf

  • Highest satisfaction rates

  • 67% discount vs. typical commissions

selling on otto

Declare your home open to the offer and start collecting real offers from real people in under 5 minutes.

5

1

find & update your property

Simply enter your property's address and we will pull the most recent data on your home. After that, you can add extra info or edit any details.

5

3

add photos & verify ID

Though optional, great pictures can earn you up to 5x as many offers on your home. Verified listings also get priority in the search results.

5

2

set your floor & target price

No need to agonize over how to price your home. Just tell us what your ideal selling price would be and the minimum offer you would consider. Our automated models will do the rest.

5

4

collect offers & accept the best one

Most sellers see their first offer within two weeks. You will have 72 hours to accept or reject offers. Once you accept an offer, we'll guide you through the sale process.

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