San Francisco, Some Home Sellers Now Ask for OpenAI or Anthropic Stock

San Francisco home sellers are increasingly asking for OpenAI or Anthropic stock, reflecting how the AI IPO frenzy is reshaping real estate deal-making. Real estate investor Nima Gabbay listed his three-bedroom, two-bath home last month for $2.995 million and added a clause accepting shares as payment. He said two OpenAI employees approached with bids, including one more than $1 million above the asking price, though he believed it overstated the value of his shares. A second bidder later withdrew after OpenAI filed to go public. Gabbay ultimately chose a third tech buyer, with the sale expected to close this week. The trend aligns with rising luxury sales: SF homes above $10 million have doubled over six months, and Compass reported 144 such sales this year versus eight in the first half of 2025.