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Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco , it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. [ 2 ]
Opendoor agreed to pay $62 million to the Federal Trade Commission to settle allegations ... while its costs were typically higher than what a normal consumer would pay for a real estate agent. ...
Opendoor reported $1.5 billion in revenue in the second quarter, or an annual run rate of $6 billion on about 4,000 homes sold. Let's assume Opendoor can double its revenue in a healthier housing ...
Realtor.com is a real estate listings website operated by the News Corp subsidiary Move, Inc. and based in Austin, Texas.It is the second most visited real estate listings website in the United States as of 2021, with over 100 million monthly active users.
If Opendoor matches analysts' estimates through 2026, grows its revenue at a CAGR of 10% over the following four years, and trades at 4 times sales, it could be worth $55 billion by the end of the ...
The primary objective of a flat-fee listing is to be exposed on the MLS and cut the listing side of the commission completely out by dealing directly with "buyer's agents." In most cases, the seller saves approximately half of the traditional commission and maintains complete freedom to sell on their own.
The Motley Fool recommends Opendoor Technologies. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services.
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related to: opendoor for agentsopendoor.com has been visited by 10K+ users in the past month