Exhibit 99.1 Opendoor Announces First Quarter of 2024 Financial Results SAN FRANCISCO, California - May 2, 2024 - Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e- commerce platform for residential real estate transactions, today reported financial results for its first quarter ended March 31, 2024. Opendoor’s first quarter 2024 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website a ...