Sellers don't have to list and show their home any more.

Opendoor will buy your house without it ever hitting the market.

Here's how it works: Sellers fill out a form about their home and within an hour Opendoor comes back with an offer.

Once a bid is accepted, an inspection is scheduled (findings could alter the offer price) and sellers can pick a moving date. The company said it can close a deal in as little as three days.

Once it owns the home, the company gives it a makeover and puts it back on the market.

The company launched in Phoenix and is looking to expand to other cities, including Dallas and Portland, Oregon.

Related: How much house can you afford?