House flipping startup called open door wtf
invite response
2018 Jun 13, 12:05pm 8,676 views 52 comments
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43
zzyzzx
2022 Nov 8, 7:12am
zzyzzx
2022 Nov 8, 7:12am
Opendoor Technologies Inc. (OPEN)
$1.5050/sh -0.2300 (-13.2565%)
As of 10:11AM EST. Market open.
$1.5050/sh -0.2300 (-13.2565%)
As of 10:11AM EST. Market open.
46
zzyzzx
2022 Nov 8, 12:13pm
zzyzzx
2022 Nov 8, 12:13pm
https://finance.yahoo.com/news/didnt-want-wait-too-long-130000623.html
'I didn't want to wait too long': Nearly 75% of pandemic homebuyers are now suffering remorse
Kingsman doesn’t believe she will ever be completely happy with her current home, mainly because she doesn’t have a designated parking spot and has to resort to parking on the street.
The previous homeowners were embroiled in a conflict with the HOA and one of the stipulations of the resulting lawsuit was that the future owner of the lot wouldn’t have access to designated parking either.
What a moron!
'I didn't want to wait too long': Nearly 75% of pandemic homebuyers are now suffering remorse
Kingsman doesn’t believe she will ever be completely happy with her current home, mainly because she doesn’t have a designated parking spot and has to resort to parking on the street.
The previous homeowners were embroiled in a conflict with the HOA and one of the stipulations of the resulting lawsuit was that the future owner of the lot wouldn’t have access to designated parking either.
What a moron!
47
zzyzzx
2022 Nov 8, 12:16pm
zzyzzx
2022 Nov 8, 12:16pm
https://www.morningstar.com/news/marketwatch/20221107282/redfin-stock-falls-as-much-as-15-after-analyst-says-sell
Redfin stock falls as much as 15% after analyst says sell
He explained that Redfin's business model prevents the company from optimizing margins when housing markets decline, and prevents it from gaining market share when markets rebound.
Redfin stock falls as much as 15% after analyst says sell
He explained that Redfin's business model prevents the company from optimizing margins when housing markets decline, and prevents it from gaining market share when markets rebound.
50
zzyzzx
2023 Mar 10, 11:23am
zzyzzx
2023 Mar 10, 11:23am
https://www.fool.com/investing/2023/03/05/the-real-estate-market-has-officially-closed-on-op/
it seems Opendoor is actually quite bad at home flipping. For example, in August of 2022 it is estimated that the company lost money on 42% of its transactions.
it seems Opendoor is actually quite bad at home flipping. For example, in August of 2022 it is estimated that the company lost money on 42% of its transactions.
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https://www.cnbc.com/2018/06/13/house-flipping-start-up-opendoor-raises-325-million-series-e.html?__source=realestate%7Cnews%7C&par=realestate