Moving On Up

How to sell your current home and upgrade to a new-build at the same time

Time to upgrade, baby.

Photo courtesy of Opendoor

Now is an extremely lucrative time to sell your home, but once it's sold, where do you go?

Perhaps your dream home isn't even built yet. If your goal is to sell your current home and upgrade to a new-build, Opendoor can do both in one simple online experience.

Opendoor partners with leading homebuilders in the Dallas-Fort Worth area — and throughout the country — to provide more convenience and certainty to homebuyers at every step.

Its program enables DFW homeowners to sell their existing home to Opendoor, in order to buy a new-construction home from one of its homebuilder partners in one seamless experience.

This eliminates the hassle of having to line up two separate transactions that traditionally can have very different timelines, and buyers can remain in their current home for up to nine months while their new-construction home is being built. You read that right: nine months.

Local homebuilder partners include Bloomfield and Riverside, as well as such national big-name partners as Lennar, Meritage, and Pulte.

A recent Opendoor survey found that more than two-thirds (69 percent) of new-build buyers are also looking to sell. About two-thirds (67 percent) are concerned about lining up the sale of their existing home with the move-in timing of a new-construction home.

A whopping 92 percent of new-build buyers polled said they would be interested in selling to Opendoor after learning more about its process.

After finding their dream home, a new home build in a better neighborhood with more space from Lennar, Cameron and his wife were ready to move. Being seven months pregnant, they wanted to move before the baby came and needed to line up a closing date quickly.

Opendoor provided a fair offer and enabled them to choose a closing date. With the uncertainty of COVID-19, they weren't sure if they could still move as planned, but Opendoor made an exception and kept everything in place as planned.

"My wife and I kept looking at each other because it all seemed too good to be true," says Cameron. "We were thrilled to find that Opendoor's technology empowered us to receive a great offer and provided us with such a seamless process. By doing everything digitally, it gave us the flexibility to choose a closing date that worked best for us and stick to it. We were able to move into our new home before the baby arrived."

Visit Opendoor online or download the app to see how its user-friendly process might work for you.

promoted apps home-for-sale

T-Shirt News

Fort Worth clothing brand Dickies to relocate HQ to California

Dickies

Dickies T-shirt

After more than a century, workwear clothing brand Dickies is leaving Fort Worth for new headquarters on the West Coast. It will be moving from its current space at 500 Taylor St., at the top floor of The Tower, to California, with an estimated completion date of late spring 2025.

The company is relocating to Costa Mesa, home of its parent VF Corp, the footwear and apparel firm that owns brands such as Vans, The North Face, Timberland, Jansport, and Eastpak; VF Corp acquired Dickies in 2017.

"By co-locating Dickies with our Vans team in Costa Mesa, we will create an even more vibrant campus where creativity and best practice sharing can thrive through greater collaboration and connections – creating a dynamic and innovative environment similar to our other VF co-branded offices," says a Dickies representative in a statement, according to NBC 5.

According to Dickies, about 120 employees at the headquarters will be affected, but not those working at the local distribution facility, warehouses, and stores.

"We are deeply grateful for our Dickies associates’ dedication and hard work and want to recognize the camaraderie and commitment they have shown to the brand," the Dickies representative said in a statement. "Our priority is to ensure that everyone is treated with respect and care throughout this process. We will provide resources and assistance to help them navigate the next steps in their careers."

Fort Worth Mayor Mattie Parker chimed in on the relocation decision, stating that it's an example of a Fort Worth success story.

"While we understand companies are sometimes forced to make difficult budget decisions under new leadership, we think VFC will find – as others have – that Fort Worth, Texas is ultimately a more competitive place to do business,” Parker said in a statement.

Established in Fort Worth in 1922, Dickies brand impact, which was first founded by C.N. Williamson and E.E. "Colonel" Dickie, will still be felt, even after it leaves the city: In 2017, it gained naming rights to the 14,000 square-foot Dickies Arena next to the Will Rogers Memorial Center, and later opened in 2019.

According to the company, the California move will be managed over an "extended transition period." It's expected to be completed by May 2025.

"While this was a tough call, we are confident this change will help us revitalize Dickies so we can carry on the brand’s heritage for years to come," said the company representative.

closings